3 ms·
Basically it's why bother with a money market fund earning 0.5% when your capital up to €100k is guaranteed at 0% interest. 0.5% is simply not worth the risk.
by theonlybutlet 3y ago
Basically it's why bother with a money market fund earning 0.5% when your capital up to €100k is guaranteed at 0% interest. 0.5% is simply not worth the risk.
- morsch 3y agoThe mmf offering of my bank is covered by the public depositors insurance. It's also more like 1% interest, and other (similarly covered) banks have better rates. Still not a lot, obviously.
- lxgr 3y agoIf you're getting 0% on a (significant amount) bank deposit in the EU today, you need to urgently switch banks.