Would you like a pie?

Would I be able to do for example a one off £1,000 deposit and then invest it all in one go based on my pie settings. I will make varying monthly deposits.
Thank you !

I think thats what the + blue circle is for. to select the stocks you wish to invest in and then the sliders determine the ratio between each.

not sure if it would only let you add stocks you hold a position in first or if it lets you add completely new shares from zero. but it would be easy enough to buy companies according to their rough % and then allow the autobalance to run from there.

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Yes @Rishi, this will be possible. You will be able to add to or withdraw from your portfolio any amount of funds at any time.

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Sounds fantastic ! Thank you :blush:

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It does sound good, but I would like sub Pie. My main investment is dividend based, but it does not means it’s my only way, I would like to be able to see my dividend investment from my spec and growth investments. Each one I would be expect different results and how I measure sussess are also different.

For example in my dividend investment my cash flow is more important than growth (growth is still valued).

But when it’s all together it’s a pain and means more spreadsheet are needed.

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@DreamToBeFree

Maybe this?

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Will this be available within ISA wrapper?

+1 vote for having sub-pies!

How will the auto-buy be handled? Will we be able to choose schedule (day(s) of week, particular hours of the day) when the trading will take place? Or will this get executed as soon as funds get booked in? I would prefer to be able to select trade windows.

Will we be able to disband or assemble a pie? Let’s say I want to remove certain ticker from a pie and put it into ‘normal’ account view (or disband the entire pie and put all shares into general account).
Or I would want to take a certain position and add it to an existing pie. Or create a starting pie from existing positions, select few other companies to buy and the pie would buy the new companies first (re-balancing the % splits).

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Hi @Zireael,

Yes, it will be available within the ISA.

We will support multiple pies.

The auto-buy will be based on a configurable schedule (e.g. weekly on Friday / monthly on 3rd / daily / etc.). Specifying the exact time of day won’t be possible. If we see enough demand for that we will add it with a following release.

Moving existing investments in and out of pies is in our todo list, however, we might start without it.

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Will fractional percentages be allowed? I’ve already planned my allocation and have a couple of 2.5%s in it, or will I need to round it off to an integer?

Yes, you will be able to use fractional percentages :slight_smile:

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I cannot wait for this feature be available :heart_eyes:

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we are in March already, maybe we do not need (I hope) to wait much longer.

I think you have to be a bit more patient:

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Is it possible to get the total dividend yield % on the main page of the portfolio in the pie update? Would be amazing to see your total dividend yield (either based on your previous results or taken from a database). Also, would be cool to see at individual dividend yields in the stock information section, future payout dates, perhaps expected payouts for the month etc… Either way would love to see any of these features, would also make life much easier

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See my suggestions

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Hi,

  1. Please add option to pause/freeze a pie (no trades being executed while pie is paused)
  2. Blue sky idea… Please add a limit buy/sell option configurable for each entry in the pie. Let’s say:
  • my weekly pie topup is $500
  • 10% ($50) of my pie is Google (NASDAQ: GOOGL)
  • I set pie limit buy for GOOGL at $1250
  • I set pie limit sell for GOOGL at $2000

Every Friday, if GOOGL price is below $1250, a $50 (10% of pie funds) worth of GOOGL fractional share will be bought. If price is above $1250, then GOOGL will not be bought on that week. If on that Friday GOOGL price is above $2000, the whole currently held GOOGL within that pie will be sold off.
The pie would have to keep track of any unused $50 funds from previous weeks until pie limit buy is triggered, so that funds earmarked for GOOGL don’t get redistributed to other positions on the list.
As for proceeds from GOOGL pie limit sell at >$2000, it would be good to be able to say whether the freed funds should be taken out of pie, or used within the pie for buying other positions at the next trigger point.

If I could go even further and add multiple entries of the same ticker to the pie with different %pie limit buy/sell limits, I could catch GOOGL all the way in it’s fall down to $1 :slight_smile:

I will call this system a clockwork cherry pie.
How do you like this recipe?

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Hi @Zireael,

You will have the option to pause a pie.

About the blue sky idea - while it will be definitely useful in the particular use case you are describing, such functionality will significantly increase the complexity of the feature. Moreover, setting limits for specific instruments will unbalance the pie very fast.

For instance, if you set a target weight of 10% for Google and set a limit price that will allow only some of your deposits to go against Google, its slice will quickly fall behind its 10% target.

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I’m still confused about something, if I buy some stocks now, will I be able to add them to a pie afterwards? Thanks.

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@adidoes Yes. Once the pies are live, you will set up a pie and should be able to put in shares you own straight away.

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Looking at AutoInvest, it looks like an entirely new menu flow.

My question is, is AutoInvest going to only work with recurring deposits? What if we want to make extra manual deposits but still take advantage of DRIP? Does AutoInvest also use available free funds? It is unclear by the videos shown!

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