Personal Finance

M1 FINANCE REVIEW 2021 – Stock Market Investing Made Easy!

34 total views
(FREE TRAINING) M1 Finance For Beginners: https://bit.ly/FreeM1Training

Sign Up For M1 Finance: https://m1finance.8bxp97.net/D61Zq

Marko’s Retirement Pie: https://m1finance.8bxp97.net/MqODN

The Marko Score: https://bit.ly/TheMarkoScore

M1 Finance is a hybrid between a traditional stock brokerage and robo-advisor. It’s sort of like a mix of Vanguard and Betterment.

M1 allows you to pick your own investments, but it will manage them and reinvest your money automatically via auto-reinvesting and dynamic re-balancing of your pie (portfolio).

M1 Finance is for people who want to do their own research in what investments they want to choose, but not necessarily want to deal with portfolio re-balancing, knowing when to buy the dips, etc.

Instead of buying individual stocks, you can allocate a target weight to the investments inside your portfolio using a “pie” and M1 will automatically keep that balanced using “dynamic re-balancing” to make sure your allocations are maintained at the levels you set them at.

The best part is that It is 100% fee-free. That’s right, 100% free to use with no additional fees.

Long term this can save you a lot of money and that’s why I chose it for my own SEP IRA!

This isn’t M1’s prime offering, but they also offer an FDIC insured digital bank account offering 1.5% APY and 1% cash back, along with the ability to borrower from your own portfolio at very low rates (3.5 & 3.25% at the time of this recording).

M1 Pies Explained:

M1 Finance’s entire interface is based within pies. Pies are simply your entire portfolio, or pieces of your portfolio, with investments contained within those pies.

For example you can use one of their pre-built pies such as the “Income Pie” that contains dividend stocks or income paying corporate/municipal bonds or you can create your own pie

Example of custom pie: 25% MSFT, 25% TSLA, 25% AMZN, 25% AAPL.
(Note: I would never recommend having just 4 individual stocks in your pie)

Pros:
No Fees
Fractional Shares
Expert Pies (Easy Diversification)
Dynamic Re-balancing & Automated Investing
No minimum deposit

Cons:
No Mutual Funds
Un-intuitive Desktop Layout
No Tax-Loss Harvesting
Manual Re-balancing Triggers a Taxable Event

WBF UNIVERSITY – JOIN MY SCHOOL HERE
► https://whiteboardfinance.com/wbf-university-waitlist

LIMITED TIME – Get 1 FREE STOCK ON ROBINHOOD
► https://whiteboardfinance.com/go/robinhood

FUNDRISE – INVEST IN REAL ESTATE FOR ONLY $500
► https://whiteboardfinance.com/go/fundrise

My FREE Stock Market For Beginners Guide
► https://whiteboardfinance.com/go/stockmarket4beginners

GET MY HOME AFFORDABILITY SPREADSHEET HERE
► https://www.patreon.com/whiteboardfinance

SCHEDULE A COACHING CALL WITH ME
► https://whiteboardfinance.com/go/marko-coaching

HOW TO BUY & STORE BITCOIN
► https://whiteboardfinance.com/go/bitcoin

THE BEST CREDIT CARDS TO USE RIGHT NOW
► https://whiteboardfinance.com/go/best-credit-cards

CHECK OUT MY BLOG:
► https://whiteboardfinance.com

FOLLOW ME ON INSTAGRAM
► https://www.instagram.com/whiteboardfinance

Instrumental Produced By “iAmHaywood” on IG

ABOUT ME 👇

My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.

This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.

Subscribe if you are interested in:
#Investing
#PersonalFinance
#Entrepreneurship
#StockMarket

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.

Share this Post

About Us

What started as a mission to share what's happening in the insurance world today has grown into your daily go-to for insurance, financial planning, and retirement planning news.

Logic Bar Text Click Here