The reinvest function is designed to simplify and streamline your investment process by automatically creating a new investment with the same duration and amount as your previous one. Here’s how it works:
-
Automatic Renewal: Once your current investment reaches its maturity date, the reinvest function will automatically set up a new investment with identical terms, ensuring that your funds continue to work without interruption.
-
Seamless Process: There is no need to manually re-enter your investment details. This automated process saves time and reduces the risk of errors.
-
Consistent Strategy: By reinvesting the full amount under the same conditions, you maintain a consistent investment strategy, which can be beneficial for long-term planning.
-
Flexibility: You can enable or disable the reinvest function at any time through your account settings, allowing you full control over your investments.
This feature is ideal for investors who prefer a hands-off approach and want to keep their investments active without the need for continuous management.