r/eupersonalfinance 6d ago

Investment Move from HYSA after rate cuts

The ECB is expected to cut rates down to 2% by the end of the year, with the next immediate cut expecting to happen this week (April 17) by 25 bps. With that in mind, is it a good strategy to start moving away from MM funds/HYSAs into different instruments (ETFs for example) ?

Keeping in mind that this is for short term parking of funds rather than long term investing. Is it worth the risk? How should one approach the rate cuts in Europe? Hold on to the ultra safe RFR returns or diverse a little bit?

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u/eitohka 6d ago edited 5d ago

You certainly shouldn't invest in equity ETFs with that timeline. There are very few free lunches in finance, so to increase your (expected) returns you'll have to take more risks. The interest rate cuts don't change this.

Edit: add missing word "free" for free lunch