How to use M1 Finance Pies TUTORIAL 📈 (and Investing App Review)

Описание к видео How to use M1 Finance Pies TUTORIAL 📈 (and Investing App Review)

How to use M1 Finance Pies TUTORIAL 📈 (and Investing App Review)
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In this video I review M1 Finance & share a tutorial on how to use and create pies. I will share the basics of how to use M1 Finance & creating a pie on M1.

M1 Finance is hybrid between a robo-advisor & a traditional brokerage.

More specifically, it's a traditional brokerage with a robo-advisor aspect. You can pick what investments you want and then the investing portion is automated.

It's like combining Vanguard and betterment into one. Vanguard being very traditional brokerage and betterment being a full-on robo-advisor.

It gives you the control of picking your investments like Vanguard, but with a much more updated features and a much more modern UI. It also gives you the automation of something like Betterment, but without the need to fill out lengthy questionnaires or selecting what your investing risk preferences are.

This is why I really like M1. I like Vanguard, but want something with automation options and more modern features, but I don't want to go with something like Betterment, because I want more detailed control of where my money is going.

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Timestamps:

00:00 - Intro
00:48 - Overview
02:10 - Who's M1 for?
02:36 - Pros & Cons
05:33 - Tutorial
08:02 - Adding to your portfolio
09:40 - Taxable Events
10:54 - Create multiple pies
16:13 - Why create multiple pies?
17:00 - Auto Rebalancing
18:13 - Multiple M1 accounts
18:52 - Trading windows & M1 Plus
19:53 - Wrap it up

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DISCLOSURE: Some of the links on this page are affiliate links, this means that I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions are a great way to help fund and support the channel. 

I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.

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