4G·

Savings issue

Hello everyone,

now that I have put almost all my money into a property investment and only have the $IWDA (+0,44%) with approx. 23k left, my question is how to continue saving for the time being.

I set aside around 2k a month, should I put it in the World or would I rather put it in an overnight money account? (I will need the money to build a house in about 2 years)

11 Commenti

Herdd Berus@Herdd

< 10 years = no ETF

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Bimbam@Klambam

Put the money in a call money account. Trade Republic or Scalable, you'll still get the "highest" interest rates. Who knows what will happen in 2 years and you'll be on the safe side.

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tims92@tims92

@Klambam and I leave what's in the world in, don't I?

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Bimbam@Klambam

@tims92 If you need all the money to build a house, then I would probably play it safe and sell everything and put it all in the call money account. Just ask yourself what you will do if the markets crash by 30-50% in two years' time and you still need the money.

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Justus41@Justus41

Or buy bonds with 2 years to maturity

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Klingsohr@Klingsohr

Oder $IB28

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Alex@AlexBloch

Take advantage of the recovery after the Trump crash, sell the World ETF and invest in a money market ETF (always better than any bank call money!)
A money market ETF is basically a bond ETF with an extremely short term, namely only 1 day, which is extended by 1 day every day. This means that the money invested in it is automatically re-lent "overnight", so the risk and fluctuation is almost zero, with total liquidity!

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tims92@tims92

@AlexBloch Do you have example ETFs?

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Klingsohr@Klingsohr

I completely agree with Alex . Example ETFs : $XEON or $CSH

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Klingsohr@Klingsohr

With these money market ETFs, you basically always get what the best safe overnight money offers. With overnight interest rates falling as they are at the moment, this is not great, but for sums that you are guaranteed to need in two or three years, it is the best. If you look at the chart over one or two years, you will see that you are currently making a constant return of 0.2% to 0.25% per month, and if the ETF loses 0.05% in one day, that is the maximum. Only if the ECB interest rate turns negative again, as it did at the end of the decade, will these ETFs lose money very slowly (and then you simply withdraw the money) - but that's the time when you won't get any interest or even negative interest on overnight money. We are still a long way from that.

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useraa451382b8864711@useraa451382b8864711

12H

Put it on Bondora, find a Finfluenca with a Refarl code and collect at least 6-7% - the money is invested flexibly and you can withdraw it at any time.

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