We often talk about investing your way to wealth. We often talk about how you need an investing strategy, but seldom do we talk about how you can invest using it! One of the most famous investment philosophies is value investing, but what is it?
We strive to provide you with valuable information and resources. Opinions are from the author alone, not from any advertiser or partner. Many or all products featured here in this M1 Finance Review are from partners, and we earn from qualifying purchases/signups.
Investing doesn’t require special skills or expensive software. M1 Finance is a free investing app that makes it easy for anyone to invest. You can invest small amounts of money into most stocks, ETFs (exchange-traded funds) and index funds.
Both new and experienced investors may find M1 Finance intriguing. You can buy fractional shares of stocks and ETFs without paying a trade fee. This can make it easy to save for retirement by investing in low-cost index funds while having the flexibility to be a DIY investor.
I use M1 Finance as a fee-free way to buy fractional shares of my favorite stocks and ETFs. You can invest as little as $25 at a time.
This M1 Finance review will help you decide if this is the best online brokerage for you.
One question that I get asked often in times of major market declines like the one we are in is, “Is it time to sell?”. It’s easy to say “NO!” but there’s a much lengthier discussion to be had.
Over the last month and a half or so we have essentially grounded to an economic halt here in the United States and globally. There is a lot of fear and anxiety.
Times like these when you look on the screen and you see the Dow down 10% and the next day it’s up 5% can be very frustrating. I get it!
The frustration is normal, although, freaking out is not! And what I mean by freaking out, is effectively saying, “Hey, I have to get out of the market, I have to sell everything.”
You’re faced with this overwhelming desire to just “stop the pain” because that’s the way that our brains work. You end up being faced with three decisions.
The economic tumult brought on by COVID-19 reminds us, once again, that trying to time the market is a fool’s errand. Following the zigs and zags of stock values during the first quarter of 2020 was like watching a high-speed Wimbledon match; you risked giving yourself financial whiplash. And trying to time your trading to profitably coincide with those zigs and zags? Impossible.
So what can you do in a topsy-turvy market that has spun out of control? How can you maximize your gains and limit your losses? For me, the answer is simple. I do what I always do; I stick to my plan.
Having an Investment Strategy is Crucial to Building Wealth!
Successful investing isn’t about predicting market trends. It isn’t about bobbing and weaving in an effort to constantly “buy low and sell high.” And it definitely isn’t about following stock charts daily and reacting to economic news as it happens. In fact, when done correctly, investing can be a remarkably hands-off activity. The best investors stick to just three basic rules to ensure that they come out ahead.
This post was written in partnership with DiversyFund.
If you’re a reader of personal finance blogs, you know that real estate investing is a hot topic. Bloggers plug and review companies like Fundrise, Realty Mogul, and PeerStreet. A relatively new, but highly competitive fund in this space is DiversyFund. The team at DiversyFund asked us to take a look at their fund. We’re glad we did.
With that brief introduction, let’s dive in and take a closer look.