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Old 11-27-2007, 02:40 PM
illini43 illini43 is offline
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Join Date: Feb 2005
Location: Leman for Heisman
Posts: 2,358
Default Re: ***Official November Chat Thread:*

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Achen;
Why do you have so much online?
I usually don't keep much more than $10k in my account. Shouldn't you be earning interest on your dormant roll?
20k is too much to have online, even for 400NL.

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Some people need larger amounts of BI in their BR just to keep peace of mind and prevent tilt.

That's my guess anyways.

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You can have a "bankroll" kept as a separate bank account earning interest.

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redepositing can be inconvenient and will also incur charges for most deposit methods, so keeping enough online to cover the swings plus a cushion might be worth more than a couple months interest on a couple thousand dollars

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Plus, at the current rate of decline of the dollar, putting it in a standard savings or < 5% CD won't make a huge difference if the value ends up plummeting.