M1 Finance

M1 Finance

Should you use a Roth IRA to save for college?

Should you use a Roth IRA to save for college?

Summary Prioritize a Roth IRA over a 529 plan if you’re behind on retirement savings. If you’re 100 percent sure you’ll use the funds for education (K-12 or college), a 529 probably makes the most sense. Among the many benefits of the Roth IRA is that you can use its funds to pay education expenses – without incurring any tax penalties. But […]

Sharing Pies 101

Sharing Pies 101

Away from the Thanksgiving table, most of us don’t think too much about how sharing a pie could affect our lives. But if you’ve got an investment portfolio with M1 Finance, sharing a Pie could have substantial impact on your life – or the life of someone you care about. What are we talking about, you ask? Let’s go back […]

Intrigued by IPOs? Read this before you invest

Intrigued by IPOs? Read this before you invest`

This article is for informational and educational purposes. It is not meant to be a recommendation, solicitation or offer to buy or sell any securities. If you follow the news, it’s been hard to miss reports of tech IPOs in the last several months: Pinterest, Lyft, Uber, and Zoom are just some of the big names that recently made shares […]

How margin loans make your money work harder

How margin loans make your money work harder

It’s an age-old truism about investing: you worked hard for your money, so it should work hard for you. Instead of sitting in a savings account earning too little to keep up with inflation, it should be invested in markets where it can grow. And within those investments, it should be arranged to earn the highest returns possible for the […]

How interest rates can affect your investments

How interest rates can affect your investments

Interest rates are all around us. We deal with them when we buy a car (with help from a car loan) or a house (with help from a mortgage). The interest rate determines how much we might earn on savings accounts or bond funds. Interest rates also impact the stock market – and therefore anyone who has money invested in it. Here, […]

Understanding the consequences of complex portfolios

Understanding the consequences of complex portfolios

Summary M1 Invest is a powerful tool, letting you automate any portfolio you want. Creating a complex portfolio can come with potential drawbacks. A simpler portfolio is easier to manage and can be the better investment strategy. Knowledge is key: know your goals, understand the platform, and use the platform to meet your goals. We created M1 to empower you […]

9 myths about brokerage account transfers

9 myths about brokerage account transfers

Summary: M1 condensed thousands of customer questions to highlight nine common misconceptions about transferring accounts between brokerages and the truth behind each. Moving your account from another broker is no more or less complicated than other transactions you’d make to manage your finances; as long as you’re informed and engaged, it’s not a big hassle. You’ll receive a $100 bonus […]

A brief history of low-fee investing

A brief history of low-fee investing

Once upon a time, individuals who wanted to invest in the stock market had to pay expensive fees to do so. Even if you had your own ideas about what you wanted to invest in, high priced financial firms were the gatekeepers – kind of like how, in the first seven decades of commercial air travel, the only way to […]

Just married? Here’s your guide to combining finances

Just married? Here’s your guide to combining finances

If you’re recently married or planning to be married soon, chances are you’re older than your parents or grandparents were when they tied the knot. That means you (and probably your partner) have had more time to acquire various financial assets. While that may be good news for the long-term financial security of your marriage, it also makes the prospect of combining […]

My M1 Story: From Active Trading to Auto Investing

#MyM1Story Winner: From active trading to auto investing

As a college student studying finance, Michael began day trading in his free time, buying and selling stocks, options, and futures. It wasn’t just a way to try to earn some extra money — it was a hobby he was passionate about. Michael learned as he went and often preferred to bet on companies he knew well. “My very first […]

How 5 investors use M1 Finance to build wealth

How 5 investors use M1 Finance to build wealth

M1 Finance was founded on one simple principle: rethink the tools of personal finance to empower more people to build wealth their way. See, we believe that everyone manages their money just a bit differently. Some want customization, some want automation. Some prioritize low cost, some look for the most powerful platform on the market. We think, why not have all of the […]

What to do if your brokerage account is acquired by another firm

What to do if your brokerage account is acquired by another firm

Uh, oh… Your go-to investing platform was bought by another firm, and your brokerage account is being moved. It happens: just this year, E*Trade acquired 1 million accounts from Capital One Investing (if you’re wondering what happened to ShareBuilder, there you have it). Even if you received some details about the move, you may be a bit confused about how this is […]

What you need to know about investing in a Roth IRA

What you need to know about investing in a Roth IRA

Individual retirement accounts (or IRAs) are a fantastic way to begin investing and saving for the future because they are tax-sheltered accounts, meaning you’ll pay fewer taxes than other investment account types. But once you’ve decided to invest in an IRA, you’ll still need to choose between the various types. If you’re self-employed or a business owner looking for a […]

One platform, unlimited possibilities

One platform, unlimited possibilities

At M1 Finance, we know everyone manages their money differently. But back in 2016, we realized that while technology had made huge strides in the way people find information, navigate the globe, and even shop online, it seemed the world of personal finance had yet to catch up. Fees and commissions kept investing out of arm’s reach for many, and […]

The future of finance is free and so much more

The future of finance is free… and so much more

About 8 months ago, M1 announced we removed all fees to offer a free investing experience for our users. We made this choice for a few, straightforward reasons. As with every M1 decision, we first considered our users and how we could help improve their financial lives. Paying less so that more of your money is invested and working for […]

M1 Finance: The Best ShareBuilder Alternative

M1 Finance: The Best ShareBuilder Alternative

Capital One Investing (previously ShareBuilder) has been bought by E-Trade, and as a result, all Capital One accounts will be transferred to E-Trade. This type of acquisition is hardly uncommon in the brokerage industry but is becoming increasingly common due to the rise in consolidation we’ve seen over the last few years. From the outside, this deal may look similar to any […]

How to make financial New Year’s resolutions that stick

How to make financial New Year’s resolutions that stick

Americans don’t particularly excel at setting and keeping New Year’s resolutions. Only around 40 percentparticipate in the tradition at all[1], and 80 percent of those who do abandon their resolutions by February[2]. Worse still, Americans aren’t likely to set financial goals at all. Only 36 percent made New Year’s resolutions relating to money in 2017[3] — and (spoiler alert) it’s not because we’re already doing so […]

Everything you need to know about automatic rebalancing

Everything you need to know about automatic rebalancing

Choosing your investments is more than selecting stocks of companies with high growth potential, large dividend yields, or low price-to-earnings ratios. When you select your investments, you not only choose which securities you own and how many shares you own of each, but either wittingly or unwittingly set each as a portion of your overall portfolio. As you do so, […]

Best Finance Books by Women, for Women

Must-read personal finance books for women

It’s no secret that women face unique financial challenges. They earn less[1], live longer, and generally struggle to achieve the same financial confidence as their male counterparts[2]. But the right resources can help. From building a business to growing your nest egg, these books written by women and for women share unique perspectives to empower you to achieve your goals […]