i have a couple of questions and suggestions on DRIP, as im new and have read through much of community post, please forgive me if this has been covered already.
it appears DRIP can be only set in pies and not for individual stock, the only way i can see to do this is to set up a pie for each stock and hold it at 100%.
as the pies reinvest to all the holdings, i have no real control how the reinvestment will happen, so if i want a few stock to just reinvest the dividends back into that individual stock, i will have to hold it outside of a pie, or 100% holding in a pie i assume.
there will be times i want to only reinvest in the stock the dividend has been paid from, and times i wont want to reinvest into a particular stock, there is no way i can manage this in a pie as far as i can see at present.
so as with pies and turn on and off feature for DRIP
suggestions appreciated
furthermore, while i can hold both GBP and USD accounts, all my dividends and interest as far as i can see will be paid into my GBP account.
so any payments received in USD, if i want to receive them and then invest into another stock from the one it was paid from, would be subject to conversion from USD to GPB and back to USD plus fx fee. clearly i talking about US listed stock. thus 2 fx fees and having to worry about conversion rates.
i may have missed something but that is correct as far as i have read.
to the T212 team, i like to set up but a couple of suggestions please.
have DRIP available on individual stock
can all payments made be paid into the account currency they are made in, if that account is available
thank you