3D·

What alternatives to call money?

Hello everyone,

I am currently building up some cash as a liquidity reserve. I use TradeRepublic and am currently still enjoying 2% overnight interest. However, I wanted to ask if there are more lucrative alternatives or what you do with cash that can be accessed at any time?

One possibility is to invest in $XEON (+0.05%) Xtrackers Euro Overnight Rate Swap EUR (Acc). What ideas do you have?

10 Comments

Ayecaramba@Ayecaramba256

Unit Plus

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Staatsmann@Staatsmann

@Ayecaramba256 In your experience, do you get more return than a simple money market fund?

Especially as Unit Plus is not free of charge, as far as I know.

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Ayecaramba@Ayecaramba256

@Staatsmann I have my nest egg there and use a product that invests in bonds. Low fluctuation and around 3% return + you can pay with it at any time. For me, it's the best solution on the market

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HoldTheMike@HoldTheMike

$XEON is the ideal solution for me.

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Leopold T.@Tuffbet

Only makes sense if you can get over the deposit protection. With the ETF you are at the daily allowance level. You may also have to pay fees - at least the spread

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mco@mco

BBVA current account 3% for currently 6 months.
Umweltbank 3% for 3 months.
XEON does not currently yield more than TR as @Tuffbet already wrote.

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Julian@MoneyISnotREAL

My custody account has to generate the return for me. Call money, money market ... nice gimmick, but after inflation & taxes a "loss-making business".
Whether I receive €100 or €150 interest p.a., the bureaucratic effort is no longer worth it to me.

For me, my liquidity must be available at all times at no cost. I see money market ETFs as a solution if you have a LOT of cash and need it in the short term (only in a few months).

Of course, it also depends on the amount of cash you have.

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yieldhunter@randomdude

$CSH2 yields slightly more than the deposit interest rate or $XEON.

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Hennington Global Markets@HenningtonGlobal

$XEON

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Hennington Global Markets@HenningtonGlobal

$CSH

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