idea #022: Portfolio Balancer
Optimize returns across ALL accounts.
As I've gotten older, I've found myself with savings and investments spread out across handfuls of different accounts, and it's all very tedious to keep track of, and I'm fairly certain there is always an opportunity to 'be smarter' or 'do better'.
Wouldn't it be nice to have all of this automated on a daily basis?
The concept is pretty simple, similar to how an ETRADE or Wealthfront have prebuilt portfolios and automation to buy/sell between ETFs and the like, this idea would link all of your accounts (savings, checking, Acorns, Robinhood, Crypto, retirement,...) and allow you to setup certain recipes to maximize returns, avoid fees and overdrafts, and limit risks across your entire net worth so to speak.
For example, you could setup rules to keep a minimum balance in an account, not invest more than 15% of your liquid assets in stocks, or redirect all idle funds to your highest yield savings account automatically. You get the idea.