Should you want to invest in a particular instrument (share, ETF) or product (basket, bundle) on EasyEquities, you are required to fund your account, wait for the funds to be allocated to your account, login to the platform, search for the particular instrument, indicate the amount of money you'd like to invest, confirm your transaction and then submit your instruction to buy or sell.
Now while that sounds difficult, we've actually ensured that it's pretty easy to do on the platform.
But, if you really like a particular instrument or product and want to invest in that item more regularly each time you have the funds available, repeating the process above over and over again in the same manner can be a bit of a chore
And in the same way that we try and make everything easy on the platform, we've developed our Recurring Investment functionality to take care of these regular / repetitive investments in one simple step.
So if for example you fancy our Aggressive TFSA basket and want to ensure that you Invest the R1,000 you may have spare each month, you can simply set up a Recurring Investment to buy R1,000 worth of that item each Month / Quarter / Year.
It's as simple as that.
There are 3 different types of Recurring Investment you can set up on the site as follows:
Enables an Investor to set up a regular / frequent purchase of a particular share or ETF.2. Bundles / Baskets
Enables an Investor to set up a regular / frequent purchase of a particular bundle / basket.3. Available Funds (a slightly more flexible option that differs from the 2 above)
Enables an Investor to set up a regular / frequent deposit (Investment) of funds into the available funds (free cash) part of their account.
So rather than buy a particular instrument or product an Investor has the flexibility to choose what they'd like to buy at a later stage.