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A comment on Ditch Banks – Go with Money Market Funds and Treasuries. Parent comment
1. Buying US dollar money market funds will add a whole level of currency risks which you might not want.
2. Using a foreign broker is a tax nightmare in Germany.
Apart from that the German broker market is highly competitive with multiple choices where you can buy European money market funds basically for free.
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1. Buying US dollar money market funds will add a whole level of currency risks which you might not want.
2. Using a foreign broker is a tax nightmare in Germany.
Apart from that the German broker market is highly competitive with multiple choices where you can buy European money market funds basically for free.