Submit

M1 FINANCE REVIEW 2021 – Stock Market Investing Made Easy! reviews

Added to wishlistRemoved from wishlist 0
Category: Tags: , , , , , , , , , , , , , , , ,



(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.

Click to rate this post!
[Total: 0 Average: 0]

49 reviews for M1 FINANCE REVIEW 2021 – Stock Market Investing Made Easy! reviews

0.0 out of 5
★★★★★
0
★★★★★
0
★★★★★
0
★★★★★
0
★★★★★
0
Write a review
Show all Most Helpful Highest Rating Lowest Rating

  1. Marko – WhiteBoard Finance –

    (FREE TRAINING) M1 Finance For Beginners: https://bit.ly/FreeM1Training ENJOY!

    Helpful(0) Unhelpful(0)You have already voted this

  2. Éric Auger –

    If only it was available in Canada, I'd set up a automatic deposit and forget it. And play with my wealthsimple account.

    Helpful(0) Unhelpful(0)You have already voted this

  3. Meh Meh –

    Marko, love your channel but joining M1 has been a customer service nightmare. Besides the ineffective 1st line reps who are probably poorly trained, M1 has been unable to provide the most basic info like the IP address of the computer which initiated a transaction I couldn't recognize. Glad I decided to test the account with a few thousand dollars first before moving significant amount there. M1 customer support is pure facepalm.

    Helpful(0) Unhelpful(0)You have already voted this

  4. Warrior Link –

    Thanks for doing this video

    Helpful(0) Unhelpful(0)You have already voted this

  5. Thomas Chung –

    Any incentives this month through M1 for starting an account this month? Ie $500 for depositing $50k?

    Helpful(0) Unhelpful(0)You have already voted this

  6. Mackenzie A –

    I wanted to let you know that at @19:41 there is a piece I believe you meant to edit out with clapping.

    Helpful(0) Unhelpful(0)You have already voted this

  7. Marty Bulger –

    Hey Marko, great review. Can you turn off dynamic rebalancing?

    Helpful(0) Unhelpful(0)You have already voted this

  8. Chris K –

    Handclap edit! 👏
    Thanks for sharing this, Marko!

    Helpful(0) Unhelpful(0)You have already voted this

  9. SM Payback –

    I take my asset out of M1 to fidelity. Pie is confusing and wish they had a option. It’s for Geeks no disrespect.

    Helpful(0) Unhelpful(0)You have already voted this

  10. Xuan Cao Music –

    Can I roll over money from my 401k into M1 for investment?

    Helpful(0) Unhelpful(0)You have already voted this

  11. Scarlett Cooper –

    Great content I must say. As a first time investor I started trading with Suzanne Stephens Ellis with just a thousand bucks, her initial investment then. Now I keep making over $15500 trading with her weekly, Her professional strategies are really mind blowing.

    Helpful(0) Unhelpful(0)You have already voted this

  12. Na Suk Shaffer –

    Love your channel!
    Can you go over the pros and cons in between RobinHood and the MI fineness’s?

    Helpful(0) Unhelpful(0)You have already voted this

  13. Tom Tom –

    M1 Finance is in a league of it's own and is by far #1 in my opinion.

    Helpful(0) Unhelpful(0)You have already voted this

  14. o1o Life Tips –

    Marco so I deposit 10,000 to M1 Finance and I borrow 3,000 against my stocks, so I get charged 3.5% monthly payment or yearly?

    Helpful(0) Unhelpful(0)You have already voted this

  15. Gautam Vishwanatham –

    Can I transfer two index funds from fidelity (taxable), to m1 finance?

    Helpful(0) Unhelpful(0)You have already voted this

  16. Enayetur Raheem –

    Thanks. I've used your link to open an account with them.

    Helpful(0) Unhelpful(0)You have already voted this

  17. Afsa Msayah –

    Is M1 available for Europe option trading?

    Helpful(0) Unhelpful(0)You have already voted this

  18. Thurgor Supreme –

    Does anybody know why M1 is essentially "blacklisted" from robo-advisor reviews? There's about a dozen major review articles and M1 is mysteriously missing from the list each time (even though M1 is the best 👌)

    Helpful(0) Unhelpful(0)You have already voted this

  19. jchebasnyc –

    Marko, can I rollover an IRA into M-1 finance? Thank you for the informative videos.

    Helpful(0) Unhelpful(0)You have already voted this

  20. Hugo R Rincon –

    hey brotha … so if i remove a stock from my pie is that the equivalent of selling?

    Helpful(0) Unhelpful(0)You have already voted this

  21. Slaiter Pearson –

    The simplicity, detail and personal slant make this one engaging, relatable and instructive. Thanks Marco.

    Helpful(0) Unhelpful(0)You have already voted this

  22. Benjamin33 –

    Thanks for the video Marko. As for customer service score, I just had an account deleted and they got back to me and deleted the account within a few hours.

    Helpful(0) Unhelpful(0)You have already voted this

  23. Alex Hang –

    If I rebalance my portfolio in a Roth IRA, does it cause a taxable event?

    Helpful(0) Unhelpful(0)You have already voted this

  24. Lost Man55 –

    Question how important is account reblance?

    Helpful(0) Unhelpful(0)You have already voted this

  25. Car idology –

    I love your videos. Keep up with humor.

    Helpful(0) Unhelpful(0)You have already voted this

  26. Josh Randle –

    hey marko, can you do a review of titanvest?

    Helpful(0) Unhelpful(0)You have already voted this

  27. Lauren Awtry –

    Why did you say you don’t recommend investing in 4 individual stocks?

    Helpful(0) Unhelpful(0)You have already voted this

  28. David W –

    Very good review

    Helpful(0) Unhelpful(0)You have already voted this

  29. caron malecki –

    how would you rate them against Schwab for a beginner?

    Helpful(0) Unhelpful(0)You have already voted this

  30. Josiah Grunwald –

    You might want to take out ur mistake at the 19:45 mark. 😊

    Helpful(0) Unhelpful(0)You have already voted this

  31. Amistoso Lopez –

    This was such a great video. I appreciate it.

    Helpful(0) Unhelpful(0)You have already voted this

  32. Lejen Ben –

    You’re the type of presenter I’m looking for. You don’t try to bait people into doing things, you’re just blunt and straight forward. You also explained this pretty easily, and gave details to the pros and cons to the app. Earned subscription & respect.

    Helpful(0) Unhelpful(0)You have already voted this

  33. The Cadion Family –

    I just wanna know if non US citizen but works in US can apply

    Helpful(0) Unhelpful(0)You have already voted this

  34. Obekpa Matthew Ella –

    I'm putting my proceeds to good use. I can live my best life and not stress much over my kids. All thanks to aria_mateofx on Instagram for putting a smile on my face.

    Helpful(0) Unhelpful(0)You have already voted this

  35. byuphil –

    Is this the one you would recommend for a beginner? I'm trying to figure out which one I should use. Leaning towards M1 but not sure. I don't want to use Robinhood.

    Helpful(0) Unhelpful(0)You have already voted this

  36. Valdo Figueiredo –

    Hello M1,

    Please see below message from my broker.
    M1, why does everything need to be so complicated with you guys? Your customer service is actually a customer non-service, your “client success” phone line should be rebranded as “customer deception” phone line. My anger and frustration just keeps growing with each and every interaction that I attempt to have with you and your representatives.

    WHEN MAY I EXPECT THIS TRANSFER TO BE FULLY EXECUTED ON YOUR END M1?

    Thanks,

    Helpful(0) Unhelpful(0)You have already voted this

  37. o1o Life Tips –

    Review Webull!!!

    Helpful(0) Unhelpful(0)You have already voted this

  38. Kenneth Holland –

    I am curious. There is no free lunch. How does M1 Finance Company make money?

    Helpful(0) Unhelpful(0)You have already voted this

  39. Amir K. –

    Is your account in robo?

    Helpful(0) Unhelpful(0)You have already voted this

  40. Valdo Figueiredo –

    M1 investment formula is absolutely brilliant.
    However, beware of their hidden fees and inexistent customer service.
    When you email their customer support you will obviously get — within minutes — the typical automated response with a ticket number for your query. After that you may wait 7 to 10 business days to receive a response written by a human.
    When you call their so called “customer success” phone line, you can expect to be on hold for a minimum of 30 minutes and occasionally you may even experience an automated message tell you that you have been on hold for too long and that they will now disconnect the call.
    I wouldn’t encourage anyone to keep large sums of money on their M1 account(s). I am still using M1 but only for weekly pocket change.
    Too bad because the product really is fantastic with nothing like it out there.

    Helpful(0) Unhelpful(0)You have already voted this

  41. hannah lee –

    Hi. I’m a new investor. I see a $0 slice in my pie after I made my first investment. Do you know why ?The $0 slice is 15% of my portfolio

    Helpful(0) Unhelpful(0)You have already voted this

  42. Jo Sim –

    Thank you!

    Helpful(0) Unhelpful(0)You have already voted this

  43. AKA2015 –

    doesnt adding things to the pie end up selling the other parts off to make room? or does m1 magically not sell anything and just add the ectra parts and redo percents

    Helpful(0) Unhelpful(0)You have already voted this

  44. CforCameron –

    How do you work around the lake of the tax loss harvesting feature? Do you just have to keep up with the dates when buy/sell in a excel spreadsheet? Thanks for the video!

    Helpful(0) Unhelpful(0)You have already voted this

  45. Joseph Hsu –

    Never take a loan for a car

    Helpful(0) Unhelpful(0)You have already voted this

  46. A Sierra –

    I don't have M1 finance but I'm wondering about their Debit card. What banks can you withdraw ? Is it like a credit union 🤔

    Helpful(0) Unhelpful(0)You have already voted this

  47. Ramdino Hiking the Trails –

    In your M1 training video you taught that if I rebalance my M1 pie it may result in a tax event due to stock sales. Why does it not result in the same thing when M1 dynamically balances my pie?

    Helpful(0) Unhelpful(0)You have already voted this

  48. Izik Ilyaguyev –

    Hi, is this a traditional IR or ROTH? Can I open a roth IRA? I thought there are thresholds on opening roth. Thanks!

    Helpful(0) Unhelpful(0)You have already voted this

  49. Mohammed islam –

    Hey Marko I'm try to invest in the M1 finance S and P 500. I'm having hard time to invest in S and P 500 would please help me with that. Thanks!

    Helpful(0) Unhelpful(0)You have already voted this

    Add a review

    Your email address will not be published.

    M1 FINANCE REVIEW 2021 – Stock Market Investing Made Easy! reviews
    M1 FINANCE REVIEW 2021 – Stock Market Investing Made Easy! reviews

    Growingababyreviews.com connects consumers with great small businesses from around the world.
    Reviews We Trust
    Logo
    Register New Account
    Reset Password