I recently sold my house and as a result i am sitting on around 500k cash. Im not looking to invest this in stocks or real estate at this moment since i already have investments there. What would you guys do with this money? My maximum time of holding this cash is around 1 year max. This is because i want to have this money available for investments as soon as the interest rates are coming down.
For now im looking at T-bills as the most interesting option. Is it possible as a european to invest through fidelity? Would i have to pay a high exchange rate making it not worth it to swap from euros to dollars?
Also curious to hear how people are getting yield in europe. My current bank is only handing out 1.15 percent per year.
Do you guys know any trustworthy banks with higher interest rates? It would have to be low risk big banks.
Curious to hear what you guys would do. Thanks in advance for the responses 🙏
Submitted September 28, 2023 at 01:01AM by dikdakdop https://ift.tt/lqBDyxh
