Recurring transfers and recurring investments are two key financial activities that help automate your investing processes on Groundfloor. You can schedule regular transfers to your account, which will increase your "Cash Available to Invest," or set recurring investments directly into products like Flywheel Portfolio and Notes. While recurring transfers ensure funds are always ready for future use, recurring investments allocate funds to specific products instantly, following your set schedule. To manage these tools, decide on your preference (transfer or investment), use the "Recurring Schedules" feature in your settings to configure them, and make edits via the "Recurring Investments/Transfers" section, if needed.
Can I set up an amount to automatically invest each month?
Written by Josh
Updated today