Taking Stock

For the modern investor.

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 […]

Do you really need a financial advisor?

It’s been nearly 27 years since the World Wide Web went live to the general public — that’s more than a quarter century of virtually unlimited, free information at our fingertips. In the years since, we’ve made even further technological strides, allowing information and innovative new tools to be increasingly accessible and available on-the-go. So why — 27 years later […]

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 […]

How M1 makes money

How M1 makes money

Summary: M1 Finance makes money in several ways even though we do not charge management fees or commissions. The ways we make money are common revenue streams for most financial services companies. We make money from interest – earning interest on cash in different forms, earning interest on lending securities, and interest on margin loans (via M1 Borrow). We also […]

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 […]

Introducing M1 Spend

Introducing M1 Spend

I am thrilled to share some details about a new product we will be releasing in a few months: M1 Spend. M1 Spend is an FDIC-insured checking account and debit card that seamlessly integrates in the current M1 application. M1 Spend is the best of digital banking, allowing you to direct deposit your paycheck into M1, pay bills from M1, and […]

How Often Do Investors Reassess Their Strategy? | M1 Finance

Survey: M1 investors most likely to review investments quarterly or annually

During the last weeks of 2018, we polled our customers to get a sense of their investment plans for 2019. Here, we present those findings, along with some insight from investment professionals about how well our users are doing – and what steps they (and you) can take to make 2019 your best year for investing yet. Finding 1: More than […]

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 […]

Our Free Anniversary: A letter from our CEO

Our Free Anniversary: A letter from our CEO

Exactly one year ago, M1 went free. Since then, we’ve… Opened over 100,000 accounts for clients who added nearly half a billion dollars to M1, Reached the 5th highest ranked investing app in both app stores, passing the big four brokerages of Fidelity, Schwab, Ameritrade, and E*Trade. Appealed to all types of investors, as we have both 8-figure accounts and people investing […]

The history of brokerages

Prior to 1601, fortunes were made and lost on the uncertainty of new business ventures. With very few individuals in a position to put their life savings on the line, big ideas to push society forward saw slim chances of coming to fruition. The lack of support and protections made innovation near impossible. With no way to split the risk, […]

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 […]

market downturn, market downturns

What to do in a market downturn

It’s Friday morning. I’m on the blue line headed to work when I decide to check in on my M1 Finance account. I open the app on my phone and see my portfolio is down 4 percent for the week. OK, dips happen. It’s the stock market. It’s what I decide to do at this point that will really make […]