How do I start investing in PIEs?

The first step is to log in to the Investimental Portal and select the PIES tab from the Investments menu. There you can edit an existing PIE or, if you don’t have one yet, click the “Add PIE” button.

In the pop-up window that opens, you will be able to choose the name of the PIE and the shares of the desired companies, using the list we provide, ordered in descending order by their market value (“market capitalization”).

For example, you can choose the shares of the top 10 companies in technology or healthcare, or from any of the 11 economic sectors represented in the PIES system. Or you can choose any combination of US stocks you want from the more than 5,500 available in the system.

For each selected stock, you will need to individually set a weight, or you can click the “Distribute equally” button, which will make all stock weights equal. Of course, this works perfectly only if 100 is evenly divisible by the number of selected stocks; otherwise, minor rounding differences will occur.

You can save the changes you make or delete them and start over. Once you are satisfied with the saved structure, you need to fund it with the minimum initial amount calculated by the system or with any larger amount. Funding can be done either directly from the screen of that specific PIE or from the screen displaying all your PIEs.

Then you click “Buy”, confirm, and… that’s it: the system places the necessary orders. When the market opens (if it wasn’t already open), they will be executed and your “pie” will become reality.
Later on, if you notice that the values of some stocks have moved away from your chosen target weights, all you have to do is click the “Rebalance” button and confirm.

In addition, if you want recurring investments, you can fund your account at any time later or even set up a recurring payment from your Internet Banking system to the main USD account. Then, when the funds arrive, you allocate them to the desired PIE and click again… you guessed it… “Rebalance”.

If you want to reduce the amounts invested in a PIE, simply click “Sell” in the edit screen, choose the desired amount, and confirm the operation. The system will take care of the rest, and the funds will be immediately available for purchases and for withdrawal upon settlement. When the desired liquidity becomes available for withdrawal, all you need to do is click the “Withdraw” button and choose the transfer destination. We’ll handle the rest.

You can have up to three PIES that you can customize exactly as you wish. Each PIE corresponds to a separate trading account, so it is treated separately from a tax and reporting perspective. Upon request, in accordance with your contract with Investimental, you can close such accounts (with the related data being retained by us for a period, in accordance with legal requirements). However, because we believe recycling is a good thing, we encourage you not to delete the PIES you no longer want. You can completely change a PIE’s components, rename it, or even leave it empty for later. After all, who knows when you’ll come up with new and delicious financial recipe ideas...

Happy “baking” of tasty investments! 😉

Create your first PIE HERE