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

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

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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

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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.

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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.

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

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  1. Marko – WhiteBoard Finance

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

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  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.

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  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.

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  4. Warrior Link

    Thanks for doing this video

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  5. Thomas Chung

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

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  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.

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  7. Marty Bulger

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

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  8. Chris K

    Handclap edit! 👏
    Thanks for sharing this, Marko!

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  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.

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  10. Xuan Cao Music

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

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  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.

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  12. Na Suk Shaffer

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

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  13. Tom Tom

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

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  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?

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  15. Gautam Vishwanatham

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

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  16. Enayetur Raheem

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

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  17. Afsa Msayah

    Is M1 available for Europe option trading?

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  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 👌)

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  19. jchebasnyc

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

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  20. Hugo R Rincon

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

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  21. Slaiter Pearson

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

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  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.

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  23. Alex Hang

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

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  24. Lost Man55

    Question how important is account reblance?

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  25. Car idology

    I love your videos. Keep up with humor.

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  26. Josh Randle

    hey marko, can you do a review of titanvest?

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  27. Lauren Awtry

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

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  28. David W

    Very good review

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  29. caron malecki

    how would you rate them against Schwab for a beginner?

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  30. Josiah Grunwald

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

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  31. Amistoso Lopez

    This was such a great video. I appreciate it.

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  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.

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  33. The Cadion Family

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

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  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.

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  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.

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  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,

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  37. o1o Life Tips

    Review Webull!!!

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  38. Kenneth Holland

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

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  39. Amir K.

    Is your account in robo?

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  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.

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  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

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  42. Jo Sim

    Thank you!

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  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

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  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!

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  45. Joseph Hsu

    Never take a loan for a car

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  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 🤔

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  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?

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  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!

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  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!

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