[trailrunner46]

Im not sure I agree with this. If you have a lot of extra taxable money just put it in a taxable investment account and keep some lowing amount in checking to handle bills. Keeping it all in checking and making the entire thing investments seems like an odd approach, the low interest you are getting in like <10k in your checking is not a big deal.

[konne88]

I personally used to keep about a $20K balance in my checking account, and I was actually surprised by how much a difference it can make to invest that. If you have an investment with an expected annual return of 5%, that's a $1K / year that you are missing out on.

We've also seen users who needed to keep much larger amounts of money in their account for relatively long periods of time, because they were shopping around for a house or trying to buy a new car.