Hi there. Looking for a bit of help. Iāve 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.
Iām small fry, and only want to invest around Ā£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 Ā£100. I can easily do this, but is it going to want Ā£100 each time (Ā£100/day) or can I lump in Ā£400 in cash and let it run? If I put in Ā£100 now its going to buy Ā£3 of Google, as an example.
Am I better off manually doing this because the values Iām looking to invest?
I think the reason your pies minimum investment is relatively high at Ā£100 is because it contains a position with only a 1% allocation. The minimum investment per share is Ā£1. If you have say, 10 shares with a 10% allocation to each, then the minimum pie investment would be Ā£10. If you had a pie with two shares or ETFās each with a 50% allocation then the minimum investment would be Ā£2.
