1D·

Money market ETF shifts into high gear!

Thanks to the ECB, our beloved $XEON (+0.02%) is now yielding 0.25% more per year.

The question remains: will overnight money accounts like Trade Republic follow suit? 😅

10 Comments

Michael@Happysurfer

Tr and sc happened a long time ago

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Börse_nach_Bauchgefühl@Boerse_nach_Bauchgefuehl

@Happysurfer Well, “long”? TR’s announcement came out last night/this morning, and the 2.25% interest rate takes effect on June 17.

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minkz@minkz

@Boerse_nach_Bauchgefuehl Well, how "far" in advance were you supposed to have announced it? The ECB's announcement only came out yesterday, and you reacted immediately... just cut the hate and that's that.

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Michael@Happysurfer

@minkz Oh, I don't think that was meant to be hateful. At least, it never occurred to me that it was.

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Börse_nach_Bauchgefühl@Boerse_nach_Bauchgefuehl

@minkz If that’s already hate to you, then good riddance. That’s absolutely zero hate, and Michael didn’t take it that way either. 😅 “For a long time” just implies a longer period of time during which you could have noticed it—but, as you also say, that could have only been the case since yesterday at the earliest.

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Susanne M.@Jogilein

18H

@Happysurfer Hey Michael, I haven't heard anything about an interest rate hike at Scalable, though.

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Michael@Happysurfer

17H

@Jogilein Hmm, when I checked, the interest rate on my money market account was 2.5% there.

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Susanne M.@Jogilein

17H

@Happysurfer I have that too; I actually thought it had been that way for a long time

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Michael@Happysurfer

17H

@Jogilein Wow, that could actually be the case. I only have about 5 euros or so anyway, so it didn't even cross my mind.

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

It was announced a long time ago.🤷🏼‍♂️

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