![]() This hybrid approach to investing appeals to both DIY investors and those looking for guidance, and I can confidently say that M1 Finance is one of the most innovative investment companies to emerge this decade. The portfolio can be updated and modified at any time, providing flexibility and freedom. Instead of relying on a predefined set of index ETFs, M1 Finance allows the investor to select from thousands of publicly traded stocks and ETFs. M1 Finance retains some of the best robo-features while allowing investors to customize and control their investment portfolio. The default asset allocation is maintained for the life of the account through automated rebalancing. ![]() The result is a fairly standardized process, where risk-averse investors own more bonds and risk-tolerant investors maintain significant exposure to stocks. The recommended portfolio will differ according to each investor’s risk tolerance, but all investors utilize the same index ETFs. After you complete a basic risk tolerance questionnaire at signup, these firms recommend a portfolio comprised of widely-diversified, index ETFs. ![]() If you are looking to create a diversified investment portfolio, M1 Finance is nearly impossible to beat.Įxisting robo-advisors offer fully managed, passive portfolios. M1 Financecombines the automation of a robo-advisor with the customization and control of a full-service online brokerage, and the service is free for individual investors.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |