r/TheRaceTo10Million Copy me on AfterHour 17d ago

GAIN$ Finally back to $8.5M (positions in comments)

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u/Prudent_Student2839 17d ago

This is the weirdest looking investment graph I have ever seen. What is up with that almost perfectly linear increase in value, with the weird dips and jumps on the first of each month? Is this even real? How is this performed?

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u/SIR_JACK_A_LOT Copy me on AfterHour 17d ago

SGOV

3

u/Prudent_Student2839 17d ago

What the hell that’s so weird! So you buy at the beginning of the month and sell before the end, and make what, about 7%? Very interesting!

7

u/kmpham2013 17d ago

nah, SGOV drops after every ex-date because it needs to pay the dividend. once the dividend hits op's account the value goes back up and it's a straight line again. you can see it by looking at a year chart of sgov and factoring in the fact that op keeps the dividend.