The whole truth about fractional shares
You can own all of it — one piece at a time Have you heard about the Stanford Professor who turned $100,000 into $1,000,000,000? David Cheriton, a computer sciences professor, met Larry Page and Sergey Brin while they were PhD students. Cheriton was impressed with Page and Brin’s business plan and gave them some invaluable advice: “Money doesn’t turn anything into […]
Why Chicago is the best city to launch a fintech company
I recently had the opportunity to write an op-ed for Crain’s Chicago Business on why I chose Chicago to launch M1 in and why I believe Chicago will continue to thrive as an innovative global fintech hub. Originally published in Crain’s on July 12, 2017: “Chicago’s aim to become a 21st-century fintech center is at best limping along.” Such was […]
Summer means sun, sand, surf . . . and checking on your finances
You should always have a mid-year check-in on your financial goals. Take twenty minutes and review this checklist from M1 Finance to assess your situation.
What I taught my kids about savings and hard work
This is part one of a two-part series about teaching your children sound financial habits that will last a lifetime. I recently read an Op-Ed column that talked about the disservice we are paying younger adults because there are no more social structures to provide clear paths for them. That troubled me. I want my kids to forge their own […]
Where should I put my money?
A lot of people look at investing as a complex process, driven by overwhelming amounts of data and a level of unpredictability that makes survival only possible for those with iron hearts and expendable incomes. At least that’s the feeling that’s been beaten into investors for far too many years. But as Benjamin Franklin famously said, “An investment in knowledge […]
Active vs. passive investing
Public conversations have become difficult. I’m not the first to realize this and by no means have a cure, but I do have a suspicion as to why. Those on the extreme of any issue are the most passionate, loudest, and most willing to make provocative, attention-grabbing statements. As a result, characterizations of issues dominate conversations and not much attention […]
Why I founded M1 Finance
If you’re like most people, you probably don’t get warm and fuzzy feelings when you think of finance companies. Unless, perhaps, you work at one. Because traditionally, employees of finance firms often make inordinate amounts of money while supposedly being the steward of other people’s investments. This was the revelation behind the 75-year old book “Where Are the Customers’ Yachts?” […]