David (@Acer) on getquin

3Mon·

Where to park €250,000 in the short term?

I need some input for the above mentioned "problem 😅"

I actually won 250k in the Eurolotto on Friday. Now the big question for me is what to do with the money.

I've been self-employed for 4 years and now have a good 6k annual income. My savings rate in ETFs etc is now 3k a month.

I'm 34 and my girlfriend is 33 and we're about to have a child and possibly buy our own home.

TradeRepublic still offers 3.75% on call money, so I would park 100k there until the statutory deposit guarantee is reached, but what do I do with the rest? To another call money or $XEON (+0.03%) or $VDEV (+0.53%) although the investment period is probably too short for the latter.

Thanks for your input

23 Comments

GeldGenie@GeldGenie

3Mon

Congratulations!

I would divide as follows:
- 50k invest in the market
- Keep 100k in cash for now (fixed deposit 3-6 months) - get used to the money and make plans.
- 60k - 100k invest in the business (machinery, increase staff,...), this is where you will achieve the best return (if successful).
- 0 - 40k over 12 months increase the savings rate.

Edit: But the question is how the profit relates to the net assets. If you already have 1 million on the side anyway, I would be more aggressive with the money. But if the 250k is a multiple of the NV, I would want to put more aside for the house/child/family.

GG

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SGP@Koenigmidas

3Mon

Check the note again it is 280k first you make a getquin party in bawu, but if you are the winner from Brandenburg then no party, then immediately with the money own home.

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