Discussion
Yes.... very good. Pies allow you to buy shares based on the percentage of exposure you want to each stock. Each stock can be bought as fractional shares and includes UK and all the US stock markets, so you can get shares in NVIDEA, ARM, Soundhound etc etc without having to buy a whole share.
I have 2 pies at the moment. One for AI based companies and one for Oil Stocks that pay a dividend. The AI pie is currently up 23% and the Oil one is up 10%.
The dealing is free but you obviously pay for it from the spread.
Once you get your head around how the pies are set up and managed, it's a good platform. Lot's of data on there as well.
I have 2 pies at the moment. One for AI based companies and one for Oil Stocks that pay a dividend. The AI pie is currently up 23% and the Oil one is up 10%.
The dealing is free but you obviously pay for it from the spread.
Once you get your head around how the pies are set up and managed, it's a good platform. Lot's of data on there as well.
A pie is just a mini-portfolio really. You can assign loads of different shares or ETF's to it and set percentages (i.e 2 shares at 25% and 75% respectively) if you regularly invest say £100 it will automatically put £25 into one share and £75 into another, it will also automatically redistribute dividends and you can 'rebalance' the pie / mini portfolio so if one share does really well and is worth say 50% of the pie instead of the 25% you were aiming for it can sell shares to get the split closer to the 25% and 75% you specified. There's a community where you can copy other peoples pies and discuss shares etc too.
I'm a big fan. Went from a bit of free trading with fun money to having a full isa's worth in there.
The pies are great - i've got one for european defense stocks and one for global dividend paying etfs - four etf's in the pie. I also hold bits and bobs outside a pie. Pies are like folders so you can add and withdraw from your own risk weighted, or industry weighted, or whatever, sub-portfolios.
Daily interest is super cool too.
So i withdraw when my pies get fat, get the cash, then when the pies drop down below an amount i push the cash back into the pie, and recycle.
Great for cyclical stuff.
The pies are great - i've got one for european defense stocks and one for global dividend paying etfs - four etf's in the pie. I also hold bits and bobs outside a pie. Pies are like folders so you can add and withdraw from your own risk weighted, or industry weighted, or whatever, sub-portfolios.
Daily interest is super cool too.
So i withdraw when my pies get fat, get the cash, then when the pies drop down below an amount i push the cash back into the pie, and recycle.
Great for cyclical stuff.
I have run an 'Invest' (GIA) account with T212 for a while now. I pretty much had £20k in there at the start of this tax year so moved it to a Shocks and Stares ISA with them.
Just over £28k this morning.....
Still have the Invest account as well, I fund it from my current account and use T212's debit card for the 1.5% cash back into a pie in which I am growing a BP share!
Just over £28k this morning.....
Still have the Invest account as well, I fund it from my current account and use T212's debit card for the 1.5% cash back into a pie in which I am growing a BP share!
Simbu said:
Do T212 pies differ in their goals or benefits from ETFs at all?
The likes of Blackrock and Vanguard provide ETFs that cover pretty much any industrial sector you could want.
Yes and no.The likes of Blackrock and Vanguard provide ETFs that cover pretty much any industrial sector you could want.
Yes they differ in that you can put an industrial ETF and a precious metals ETF into a pie and call it a Gold ETF if you want, but its different, so they differ.
No, in that if you put a Gold ETF into a pie with nothing else, it behaves exactly the same way as if you held it outside the pie.
Just think of pies like folders on your computer - you put files in folders, you put stocks/ETFs etc in Pies.
I have been toying with opening an account with Trading 212. I will put my hands up and say I am a complete novice with investing. I use Moneybox linked to my current account and have stocks and shares ISA which I have set to a high risk option. For me the beauty of Moneybox is that being a novice it seems to do it all for me but would using Trading 212 be similar? I am sorry if this is all very vague but I am as mentioned very much a novice.
robinh73 said:
I have been toying with opening an account with Trading 212. I will put my hands up and say I am a complete novice with investing. I use Moneybox linked to my current account and have stocks and shares ISA which I have set to a high risk option. For me the beauty of Moneybox is that being a novice it seems to do it all for me but would using Trading 212 be similar? I am sorry if this is all very vague but I am as mentioned very much a novice.
I'd say T212 is a bit more complicated but only from the POV that you can't just select a risk profile and invest money. You need to choose specific stocks or funds to invest in which requires some research. The platform and app is much better though (that said I haven't been on Moneybox for a few years) Crudeoink said:
I'd say T212 is a bit more complicated but only from the POV that you can't just select a risk profile and invest money. You need to choose specific stocks or funds to invest in which requires some research. The platform and app is much better though (that said I haven't been on Moneybox for a few years)
That is what I suspected. Moneybox is very good and I have added some specific funds to the portfolio in there, but the choices are limited hence I have been contemplating Trading 212 to allow for more specific stocks etc. I guess that this is where my lack of knowledge is going to let me down with T212.James_N said:
I've opened up an account. I have absolutely no idea what I'm doing but chucked £1 in it for now and it's been invested in Heineken.
I'll have to do some more research as i'm a complete newbie to it!
The practice/virtual account is quite good if you want to get used to how it works without actually putting any money down. I'll have to do some more research as i'm a complete newbie to it!
200Plus Club said:
James_N said:
I've opened up an account. I have absolutely no idea what I'm doing but chucked £1 in it for now and it's been invested in Heineken.
I'll have to do some more research as i'm a complete newbie to it!
I'm investing in brewdog shortly, via tescos.I'll have to do some more research as i'm a complete newbie to it!
Luke. said:
200Plus Club said:
James_N said:
I've opened up an account. I have absolutely no idea what I'm doing but chucked £1 in it for now and it's been invested in Heineken.
I'll have to do some more research as i'm a complete newbie to it!
I'm investing in brewdog shortly, via tescos.I'll have to do some more research as i'm a complete newbie to it!
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