Allow users to create pots

đź’ˇ Feature suggestions & ideas
1

I assume this feature may have already been suggested, but I was unable to find an existing post.

The idea is quite simple: allow users to create multiple “pots”, to be able to separate funds and investments.

In my case, I would like to have a separate pot specifically for expenses, where I would primarily hold dividend-paying stocks.

Or being able to invest inside the “spending” pot would also be great, with any dividends or non-reinvested returns automatically remaining available as cash for spending purposes.

2

Same here. I’d like separate pots for different strategies that I’m using (or different markets).

The separate pots would help me assess what’s working and what’s not (or which is working better).

Long term investment vs swing trades vs day trades vs ETFs… etc. It also means that if I own the stock in multiple pots, then their P/L calculation is also separate.

PS. This is my ISA account (just saying cause apparently there are features available to general investment accounts, but not ISAs).

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3

Sorry for my silly question but isn’t the pie do the same? Or I am missing something?

4

In a pie you invest more defensive and Periodically but in an pot you can sort you manuel trades/ investments. ( More interesting for more Offensive strategies.)

And you can also create themetic cash pots for if you are using the trading 212 card instead of your Bank for payments.

5

Still the same tho. You can use a pie for this purpose as well. Buy and sell “manually“, don’t have to be defensive and periodic.

Adding “pots“ would simply complicate things and be a clone of pies with minimal changes.

6

You can’t easily sell or buy a specific stock in a pie without exporting and importing and dealing with all that hassle (even more hassle if you’re already holding the same stock and you want to keep in a separate “pot”).

You can’t setup limit orders or out of hours orders with pies, and importing and exporting actually super user-friendly.

It might be all fine if you only do slow-paced long-term investments… but if you’re into swing trades or a bit of day trading, this is a total pain and unless you do your own math, it also mixes up you P/L calculations.

Different people trade differently, and the number of people asking for separate pots and/or changes to how pies work clearly shows that something’s missing.

1 Like
7

But in the pie you have to specify a percentage or multiple actions to import or export a single purchase. The idea of pods is Basically, like Scalable Capital does with groups. You buy a single share, and you move it to the group, pot how you would Name it.

8

How would this work if you were trying to buy something and your spare funds were invested?

I like the idea, but imo we should have a separate banking tab, not the current spending side pot.

Also we need to be able to allocate a cash allocation in pies, that would allow segregated cash pots to help with budgeting.

There’s loads 212 could do to improve the UX that isn’t just gimmicky.

2 Likes
9

Your idea for a separate account for the debit card is a good one, but pots are also useful in that account. You see it with fintechs like Revolut, n26, and bunq that they have multiple pots.
In addition, the pods are also useful for more active strategies. With Scalable Capital, you have the option to divide individual shares into groups within the paid subscription. But something like that I think offering it for free is also useful in trading 212. Mabe you can create the possibility tot charme them with others for a type of copy trading for More Offensive strategies. Not evyone has the same strategy