AutoInvest needs at least half of your ‘Investment plan’ schedule to pass before making the next payment. When this condition is not met, the scheduled deposit will be skipped.
If you enable AutoInvest on 20 May 2023, and choose a deposit schedule for every 28th of the month, your AutoInvest on 28 May will be skipped. It is because the chosen schedule is 'Monthly', but only 8 days have passed. The required timeframe, in this case, is 14 days or 2 weeks, which is half of the chosen schedule.
Here’s how much your pie will need from the day you enable AutoInvest based on your deposit schedule:
- Daily - 1 business day
- Weekly - 4 business days
- Every 2 weeks - 7 days
- Monthly - 14 days
- Every 2 months - 30 days
*The principle applies to manual deposits also, not only upon pie creation and initial deposits.