You NEED to know this if you invest with M1 Finance

M1 finance is a brokerage that is different from most other brokerages out there. I would not recommend using M1 if you plan to actively trade in and out of stocks and ETFs. M1 is ideal for those looking to automate their investing by dollar cost averaging in commission free fractional shares. M1 is the ultimate set it and forget it brokerage account for your average person looking to invest long term.

(1) Who should NOT invest with M1 4:57
(2) Is my money safe with M1 5:37
(3) High-yield savings account coming in 2023 7:58
(4) Portfolio modeling 9:46

I'm not a financial advisor and the content discussed today is merely my opinion and intended only for your entertainment. The content expressed in this video should not be considered as professional financial advice. Some of the links above are affiliate links and come at no cost to you.
#DividendGrowthInvesting

[DividendGrowthInvesting]

Have a great week everyone!!

Dividend Reinvestment Calculator:

[TortoiseInvesting]

I love M1, the pie chart and percentage allocation has been something I love tweaking around with. It's one of the best brokerages in my eyes.

[seanharrington]

Jacob- how is the customer service with M1 finance ?!

Every time I call Fidelity - I”m speaking with a kid that doesn’t know the answer to my questions !!

Everyone on YouTube discussing stock, ETFs and financial planning are using M1 finance

Thank you 🙏

[dnah]

M1 is great for those fractional share of ETFs like voo

[GuyIsFly]

Suggested M1 Finance to my friend who was looking for a new platform. He told me it was the best decision he has made so far in 2023!

[terriesmith]

This is so important.
Knowing that your money is safe with a brokerage company will determine whether I open an account with them or not.

[Sahunt]

seems odd they have hundreds of millions of insurance per customer yet, on the website it says only $500K 🤔

[BW-kvwj]

M1 finance high yield is 5% for $3 a month for the plus account

[damienish]

I like m1...just wish as soon as put money in buy instantly not wait till the next day...my only criticism

[lonelinessholder]

Started using M1 since Nov last year, loving it.

[shroud]

I have my taxable dividend portfolio with m1 and my Roth with vanguard. Vanguard has amazing customer service And have been updating their app recently and the UX is getting better and better. would you recommend staying with vanguard or moving my Roth over to m1. I really love the pie charts and ability get precise allocations of my positions, however with vanguard it’s also nice to simply DCA into the money market account until I have enough to buy a whole share

[itworkss]

Jake you’re such a dork man, I love it.

[BryanColliver]

I love the way M1 looks and works for the most part but just cant keep all my $ with them

[ralpharomeo]

That funny clip…was the highlight of my day🤣

[Constructojay]

I recently emailed m1 to remove security lending. I saw on this year's tax forms substitute payments from lending and they are taxed differently than qualified. That isn't good so opt out of that as soon as possible to save money on taxes.

[aarontheblackfox]

I use M1 as both my primary bank through spend and my primary brokerage through invest. I can't wait until the HYSA is released so it frees up some of my spend accounts. I use them in a similar way people use to use envelopes to make budgets.

[jorgitodes]

Good job Jake!, I've been a dividend investor due to your videos -

[pnkrckmom]

I'm so excited for the HYSA! My credit union's interest rate is abysmal.

[DansBlues]

I like to see other investors spreadsheets and how they keep track of their investments. I always look for interesting things to track.

I can say doing research like on Seeking Alpha and keeping up with analytics with spreadsheets can be a full time job. I know some days I have to put it away. I just have to know I have good investments and have to have faith in them.

I’m not part of M1 but it does look neat from what you have shown. Maybe one day someday. Thanks as always for you videos and insight.

[Dmiller]

Hello Jake; great content as usual. Do you have a video detailing your REIT investments?