Hi there. Looking for a bit of help. I’ve been investing with T212 for a little over a year now. I want to move towards auto investing and not looking at the app every day to purchase stocks.
I’m small fry, and only want to invest around £25/day on the investments in this pie. I can do that at the moment by manually buying each allocation in this pie, but I want to not look all the time as it can get exciting/depressing in equal measure.
T212 app is saying the minimum investment is £100. I can easily do this, but is it going to want £100 each time (£100/day) or can I lump in £400 in cash and let it run? If I put in £100 now its going to buy £3 of Google, as an example.
Am I better off manually doing this because the values I’m looking to invest?
I think the reason your pies minimum investment is relatively high at £100 is because it contains a position with only a 1% allocation. The minimum investment per share is £1. If you have say, 10 shares with a 10% allocation to each, then the minimum pie investment would be £10. If you had a pie with two shares or ETF’s each with a 50% allocation then the minimum investment would be £2.