My M1 Finance Portfolio | 8 Month Update On My Investment!

TL;DR

In this video, the content creator discusses their M1 Finance portfolio progress, showcases the app's features, and offers a free training resource for beginners.

Transcript

• So in this video today I'm going to be doing a portfolio update on my M1 Finance portfolio just to show you guys what my progress has been. And again, kind of show you around the app just so you guys have a general idea of how the M1 Finance investing app works. Now that being said, if you guys are interested in learning more about M1 Finance, it... Read More

Key Insights

• 😀 M1 Finance is a user-friendly investing app suitable for beginners, as it offers fractional shares and commission-free trades.
• 🎮 The portfolio showcased in the video consists of investments in Vanguard S&P 500 ETF, Amazon, Apple, and Microsoft.
• ❓ Apple and Microsoft have been the top performers in the portfolio, with significant growth percentages of 46% and 41%, respectively.
• 😀 The video demonstrates the app's cash balance, which automatically reinvests excess funds into the portfolio.
• 🥶 The content creator recommends a free 30-minute video training resource for those interested in learning more about M1 Finance.
• ⚖️ Dividends earned from Apple, Microsoft, and the Vanguard 500 fund are added to the cash balance.
• 🛟 The video serves as an update on the small portfolio and suggests potential future updates every six months.

Questions & Answers

Q: How has the Vanguard S&P 500 ETF performed in the portfolio?

The Vanguard S&P 500 ETF has performed exceptionally well, with a growth of 13.99% since the purchase on February 1st.

Q: Which stock had the lowest performance in the portfolio?

Surprisingly, Amazon had the lowest performance in the portfolio, returning 7.84% in eight months. Despite that, it is still considered a good return.

Q: How has Apple stock performed in the portfolio?

Apple stock has been the best performing investment, showing a remarkable growth of 46% in eight months, resulting in a wish for a larger investment amount.

Q: Can you explain the advantage of M1 Finance's fractional shares feature?

M1 Finance's fractional shares feature allows investors to buy fractions of shares, making it possible to invest in stocks like Amazon, which have a high per-share price.

Summary & Key Takeaways

• The content creator gives an update on their M1 Finance portfolio, highlighting their investments in Vanguard S&P 500 ETF, Amazon, Apple, and Microsoft.

• They explain how M1 Finance's fractional shares feature allows for diversified investing with a small amount of money and commission-free trades.

• The creator mentions earning dividends and demonstrates the app's cash balance, which automatically reinvests when it exceeds $10.