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 (-1,86 %) and $AVGO (-3 %) 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.