100 thoughts on “M1 FINANCE REVIEW 📈 My Favorite Investing Platform!

  1. Hi Ryan! It was an amazing video but What is a good way to start investing. Which platform should I use as a beginner? Thanks a lot

  2. after watching your video I was so eager to sign up for the m1 account and forgot about the promo code is it Anyway can you comment back your actual promo code so we can both receive the $25 referral lol love your show

  3. Hi Ryan, I have tried M1 and it is very hard to understand, with opening and closing the pies and it's not as user friendly as Robinhood.

  4. Man, if everything goes wrong in your life you should be teacher, coach and mentor because your explanation is so clear, thanks for the class indeed.

  5. Appreciate the video Ryan. Currently use Acorns. Any straightforward difference? As a college student I have no fees but also do not pick my ETF or stocks.

  6. You answered all my questions. Thanks! Now to figure out how I can transfer my betterment ETF investments across to M1Finance …

  7. Hi Ryan, First let me say BIG thank you for your videos! I am a beginner investor, and was looking for a great platform to start. Most of great information I have, like the one from You is for US citizens. Can you please, advise on investing platform that someone that lives in the UK could use, please?

  8. I'm 22 I don't really know about taxes I looking to open a account but what do I do every when it's time to file my taxes. I get my W-2 and file already but how do I do my taxes for M1?

  9. I am  seriously considering using M1 based on your reviews of the app, but I am still concerned about what happens if M1 (or any of the other investing apps) go out of business. What happens to your money then?

  10. Watched your video on M1 Finance. Looked interesting. Tried to fund my account twice. No luck. Emailed support. No response.

    I have two accounts. One with TD Ameritrade and the other with Schwab. Have never had any issues.

    My experience with M1, I would worry about getting money out if I am having so much trouble putting money in.

    Maybe free is too good to be true.

    Just thought I would give you some feedback.

  11. This what I been looking for and very interested. Thanks to the people in the comments of the Betterment review by Ryan , he is giving us what we ask for and helping us very much with these reviews. Thanks again Ryan. Salute!

  12. Interesting. I’m 23 years old and I have not invested in anything. I don’t know anything about stocks , mutual funds , bonds and Exct. I’m just starting so much information, I just don’t know where to start. Any good books or resources for people like me?

  13. Just created an M1 account a few days ago. It's nowhere near as easy to use as Sharebuilder back in the day (I started a Sharebuilder account back in 2003, before they got bought by Ing, before they got bought by Capital One, and before they got wrecked by E*Trade). Still, since Sharebuilder is now long gone, M1 seems to be about the only platform left that allows fractional shares to be purchased at a reasonable cost for the casual investor.

  14. Your information is very good. A suggestion is to develope a more conversational style of speaking and varying your pitch, power and pace. You tend to use the same verbal gestures, which after a while, become monotonous. Just a word of advice from a listeners perspective.

  15. Great Review. If MI won't hold cash how is it distributed…. dividends, interest, etc. How often can member re balance the account replacing on stock with another?

  16. My question is: What happens to my fractional shares if M1 shuts down if I own fractional shares say in Amazon through M1?

  17. I would love to see some suggestions and reviews on platforms for International customers, I am currently using Ameritrade…

  18. M1 Financing looks like a very interesting tool, however, the fact that it is limited to only US citizens and residents makes it unusable for me. Can you please recommend an investment platform that can be used by non-usa citizens / residents that can also be used for tiny investments? (so no minimum and low/no commission)?

  19. M1 FiBeware: M1 Financing is Shit! Yes, it’s pretty and gift wrapped; but they don’t execute bids when the market opens. They hang your azz out to dry until the market rebounds and then execute and you end up with stocks you could have got for half the price you end up paying.nance

  20. Well done Ryan.  I have an M1 account that I open early last year.  It has worked very well so far.  Planning on opening a Roth with them next year.

  21. Can Canadians subscribe? Does M1 provide income tax info usable for Canadian investors. How long does it take to transfer funds between M1 and my bank accounts?

  22. Does anyone have a link to a video/channel for new investors? Or maybe a book for beginners? I want to learn all I can before starting with M1.

  23. how are your accounts protected…insurance of any type ( like FDIC as in bank accounts)? how do you know you are protected if they go out of business/bankrupt/"shady" business etcc

  24. "Investments are not FDIC insured and may lose value. Please consider your objectives and M1 fees before investing." Right on their website

  25. Wow, this is so awesome! Such a pity it's only for Americans, if only this was offered in Europe as well, I'd switch in an instant.
    I'm still a beginner and with my small investment budget ($4k) the fees are really eating into my profits. For me making a purchase for less than $1k makes no sense due to fees, and because of this, reinvesting dividends is basically impossible, since I need to wait till I accumulate the next $1k to make any sort of new move and as you can guess the dividends from a $4k portfolio aren't anywhere close to $1k, so I basically get next to no compounding effect.

    This app has to come to Europe to disrupt our market!

  26. The only thing to watch out for using M1 is that every time you rebalance your portfolio, that's a taxable event so only do it once a year.

  27. I wish this was around 40 years ago when I started investing. Would have saved thousands in commissions and would have had a more rounded investment. A young person today has so many more advantageous to become wealth then us old guys every did. image have to pay 3 percent commissions on every trade and have to buy a minimum 100 shares. I paid 300 dollars per trade minimum years ago.

  28. I'm interested but I need more questions answered is there anyway I can talk to you in person this is not a joke

  29. M1 will not let you reinvest dividends into the stock that yielded them. Dividends are reinvested into every slice of your pie. That's not a good thing for compounding. But, what's worse is when you try to communicate with M1, my experience has been that they don't reply to emails and they don't answer the phone when you call. They allow you to leave VMs, but they only returned one out of three that I left them. It makes me have to seriously consider closing my account.

  30. I am investing in the ValueLine Model Portfolio 1 through M1 Finance. Here's my 20 stock pie: https://m1.finance/Ogp4gD5a6 . ValueLine re-evalutes the picks in this portfolio weekly. This information is available for free in the reference section of most public libraries (look for ValueLine Select and Opinion.) I am going to disagree with you on the "non-beginner" recommendation. M1 is absolutely the best brokerage to have as a beginner. Most beginner's will gravitate to RobinHood where they will lose money on penny stocks because they don't have enough scratch to buy even a single share of a quality stock like Google or Amzn, both of which price in the $2,000/share range. With M1 they can invest in any stock. Also, I recommend owning the stocks directly and avoid ETF's. In M1 you can totally disintermediate your ownership of stocks and avoid those sneaky "expense ratio's" that slowly pick your pocket over time. Also, they have retirement accounts now – which are not available on RobinHood and Webull.

  31. Damnit Ryan! Why you just now telling me about this. Exactly what I been seeking. I wonder do they have REITs…..

  32. Ryan have you done a video on Roth IRA investing through M1 Finance? How rebalancing the investments in your pie and are you taxed by short or long term capital gains tax as well as Income taxes?

  33. Hi Ryan, Thanks for sharing your knowledge of M1 Finance. Would it be suitable for folks closer to the retirement age? I hear that they should not get into Risky Equity ( Stocks for Growth ) ( since you could lose Capital ) unless you buy Walmart , Waste Management , or Public Storage where they pay great dividends consistently. So if you need to keep Risk Low, and prefer to earn Passive Income on your Money,…. what do you think the Pie should look like ? .

  34. Ryan, Are you familiar with " Personal Finance ? It's an App to keep track of your Finances and investments of all kinds. However, I wonder how one can safeguard his privacy, so as not to disclose your Assets Info to prying eyes on the Internet. Any comments or suggestions?

  35. I've just started to learn more about M1 and created my account but felt completely lost until I watched your video 😂 Thanks for breaking it down so well so it's easy to understand for beginners like me, Ryan!!

  36. I am soooo glad I found this platform! I am treating this like a cousin of betterment. I use the same bonds as betterment but different vanguard etfs (i.e VOO, MGC, VNQ) so I can have “diversity”.

  37. It looks like M1 now offers a second trading window at 2PM, for I think $125/year.

    Could you do a video on this please?

  38. It looks like a good platform for balanced, automatic microinvestments for people on a tiny budget.

    That’s what I plan to use it for anyway.

  39. Hi Ryan, loving the content keep it coming! I was wondering what beginner trading platform you'd recommend for someone living in Asia? I'm also a UK citizen if you know of a good platform for UK/Europe? Anything you'd recommend would be hugely appreciated and thanks again!

  40. Hi,Ryan . Thank you for very useful information . Could you please to say if this finance platform is working for all citizens of other countries , or only for USA residents . I mean in terms of taxes . I am for example live in Israel , so would I be able to use M1platform for my investing and how I would pay taxis in this situation ? I would be very much grateful if you could kindly advise me on .

  41. Don’t open the M1 spend account because it will add one extra day for the deposit process. The deposit will need to go into the M1 spend then the investment account

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