2Mon·

💸 €10,000 cash - ready to strike

Today I dug deep into my savings box and put €10,000 aside. Not for vacations, not for the car - but for additional purchases.


Since I joined the company in April, shares such as $NVDA (-0.8%) and $AVGO (-0.51%) have already performed strongly - in some cases up over 70 %. Brilliant, but that's exactly why I'm not touching them at the moment. Buying at all-time highs? Not my style.


Nobody is currently expecting a major stock market earthquake, but anyone who knows history knows that September has often been the month of panic selling - and of the best entries.


The €10,000 is currently parked in the iShares € Ultrashort Bond ETF (ISIN: IE000RHY0R04) - delivers a return of around 3.3% p.a., is available daily and currently yields more than any overnight money.

28.07
iShares € Ultrashort Bond ETF logo
Bought x1825.02 at €5.48
€10,001.10
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14 Comments

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A small remark: buying at the ATH is a better strategy than waiting for a setback. This has been examined and proven umpteen times. Clearly and unequivocally. The old saying applies: "Time in the market beats timing the market." Always.
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But these are corporate bonds. Might be a bit riskier than $XEON
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