5Lun·

Instead of money market simply scalable interest rates?

$XEOD (+0,03 %)

Hello everyone,

Since Scalable is now passing on the ECB's interest rates, I wonder whether the $XEOD (+0,03 %) still makes any sense at all for parked money.

I use this ETF to park reserves that I don't need to access immediately.

What do you think?

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7 Comentarios

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Just reinvested daily in the ETF. I have also parked my money there and it still yields more than 2.5% - and I also like to spend available money - so at least it's "tied up" a bit.😛
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Scalable and banks basically do exactly the same thing
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Didn't make sense with Trade Republic and now also with the new Scalable Depot
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@Simpson What do you mean?
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@AristideHalbseid I guess he means the money market ETF! The advantage I see is that the money parked in the money market ETF cannot simply be invested "by mistake".
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