Is M1 Finance good for long term investing?
M1 Finance is nearly perfect as an investment platform for long-term investors
How M1 Finance Works
M1 Finance allows you create a super customized portfolio. This may be a bit overwhelming at first, but the process is straightforward.
Would you recommend M1 finance?
I do recommend M1 finance . For long term investments M1 finance is the best. M1 Finance is close to being the perfect all-around investment platform.
1.Just $100 to start 2.Create custom portfolios with robo management 3.Rebalances your portfolio for you 4.$0 commission or management fee
5.Borrow against your portfolio balance 6.Buy fractional share 7.Pre-made portfolios created by M1's expert
1.J1.No cryptos, options, or mutual fund 2.No tax loss harvesting 3.No human financial advisor
4.Learning curve to create pie 5.Only offers stocks and ETF Only one trading window per day.