Hi, have a suggestion about pies.
You currently have a feature to auto reinvest cash collected once minimum levels have been met.
Feature request:
With the autoinvest feature set to ‘on’ - I would like an option that can manually set/select an upper limit to the cash collected before the auto invest feature is activated. This would be an amount above T212’s own minimum metric - up to a maximum of 5k (or higher). Once the higher level has been met, this would activate T212’s autoinvest own ‘buy’ order. At anytime the cash collected within the pie has reached T212’s own minimum levels and my own preselected maximum, I would like a secondary ‘invest now’ option to invest the collected funds at a time of my choosing. The ability to move the collected funds from the pie to your GIA cash pot would still be available (same for pie’s held within an ISA )
Reason 1:
The auto invest feature does not account for daily price fluctuations and may not be reinvesting the cash collected at the most opportune moment, account holders could utilise the above options to reinvest those funds collected at time of their own choosing.
Reason 2:
This could be another ‘goal’ target that could incentivise investing and saving. An account holder may be holding certain dividend paying assets within a pie to collect for a specific purchase, holiday, rainy day fund or maybe even to save towards a large bill that they know is coming in the future, this feature could facilitate such a goal.
Reason 3:
Dividend Investors may like to keep a closer eye on the dividend yield from certain asset classes held within different pie’s, this could give investors a real ‘visual’ aid towards the performance of those asset classes.
I understand that the cash held within a pie may not qualify for any interest payments, but I hope it could.
Thanks for listening.
About that - interest is being paid for all uninvested funds within the account.