Problem with Cashback Investing

🥧 Pies & AutoInvest
1

I might not be the first to notice this but the Pies are very poor at re-investing cashback or dividends well. As an example markets close on friday and then I have the entire weekend were I’m spending money and collecting cashback, for some reason it placed an invest order after i had 1.11€ and I now have another 70 cents that are not invested anymore because I got them afterwards but markets are still closed till tomorrow and not those 70 cents wont be invested because it would need to be 1€ again.

Would it be difficult to just only let pies send buy orders right when markets open or when markets are already open? I know I’m talking about peanuts here but this could add up in the long run idk, or maybe there is some intricate reason for this I don’t understand?

1 Like
2

Do you have several things in your pie, so you’ve increased the minimum investment amount?

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3

No, I have one stock in there, the issue is again: that Trading212 places the order on a random saturday and the cashback from sunday is now not part of the order and is not doing anything.

4

I’m not sure I understood correctly.

But would it help if you program your autoinvest pie so that it places a buy order on a working day of the week (i.e. Monday to Friday) ?