EUR short-term money market

Investing / Portfolios
22

Thanks - I’ve gone down the rabbit hole and I think that what makes most sense is

  1. stay in CHF to avoid exposure on currency risk
  2. take advantage of the Banque WIR offer - 1.8% saving plus account until feb. 2025, then 1.3% - max withdrawal is 20K per year, which is what I have in my saving account right now.

Do you agree on the approach or do you see another saving account/investment that would make sense ? I like the fact that Banque WIR is simple, I just need to open an account, do a transfer and I’m done.

2 Likes
23

i been reading this thread

i wonder if there are any fresher ideas for a money market fund / etf
to park some idle cash in EUR

thanks

24

What do you mean with “fresher” ideas?

A money market fund is pretty straight forward and they don‘t deviate much from each other. You‘ll always roughly get the overnight central bank rates. So the usual suspects like XEON are still valid.

Only thing that you can do, if you accept a little more risk and slightly more volatility, is to park cash in something like ultra-short corp bonds.

Like this one: https://www.justetf.com/de/etf-profile.html?isin=IE00BD9MMF62