M1 Finance Pies | What Are The Best Pies To Invest In? #Best Education Page #Online Earning

- So, in this video,

today we are going to be talking about

the M1 finance pies.

Explaining what is a pie?

How does this all fit in together?

And I'm gonna show you guys what

my M1 finance pie looks like

over in my investing account.

Now, before we get into the video,

I just wanted to mention real quick

if you guys are looking to learn more

about M1 finance and you have questions like,

"How do you open up an account with them?

What's that process look like?

How do you build a portfolio?

What are the investment options?"

I was getting so many questions from people,

I decided to put together a completely free,

thirty minute video tutorial

showing you step by step how to use

M1 finance for beginners.

It's completely free,

and that's gonna be linked up

down in the description below

if you guys wanna check that out and

learn all of the basics of M1 finance

as a complete beginner.

But that being said,

now what we're going to do is I'm going to

open up my account here,

and we're gonna talk about the M1 finance pies.

There's both custom pies and expert pies,

and hopefully that will give you a better idea

of what your investment options are with M1 finance.

Okay, so here we are inside my M1 finance account,

and this is just small one hundred dollar portfolio

that I use for demonstration purposes

and what you are looking at here

is my M1 finance pie.

So, the pie in M1 finance is

essentially the portfolio,

and the pie is going to add up

to one hundred percent total.

And so, in that sense you can have

many different investments making up

that one hundred percent of your portfolio.

So, with M1 finance,

you can invest in stocks as well as ETFs

in a custom pie just like this

where you choose exactly how much money

you want to have,

or exactly what percentage of the money

goes into each one of these particular investments.

And so, in that way,

you can actually have up to one hundred

different things in each portfolio

if you want to.

I don't know why you would,

but you do have that ability.

So the exact pie that I built here

looks like this.

I wanted to have fifty percent

of my money going into the

Vanguard S&P 500 Index Fund VOO.

I wanted to have thirty percent of my money

going into Amazon's stock,

and then I also wanted to have ten percent

going into Apple as you can see here.

And I also wanted to have ten percent

going into Microsoft stock.

Now, I've actually done extremely well

with this portfolio which is kind of funny.

I invested back in February with one hundred dollars.

I'm actually up about

forty percent in Microsoft,

over forty-five percent in Apple.

I'm up seven point three percent

in Amazon and thirteen point five percent

overall in that Vanguard 500 ETF,

but this is the pie right here.

This is a custom pie that I've built.

If you wanted to,

you could have ten, twenty, fifty

different things in this pie,

or you could even be simpler

and do a fifty-fifty split.

So, the pie is this right here.

It's what percentage of your money

is going to go into each

of these particular investments,

and then as you add more money to this account,

it's going to spread that money across

these investments based on that target

allocation that you set.

So, that is the custom pie option

that you have with M1 finance,

and you can also build multiple different pies.

I wanna show you guys one that

I just built for an example here

in a previous video.

So, just to show you guys you can

build multiple different pies within M1 finance.

This is one I just built for another video

called Demo Portfolio,

and this is basically thirty-five percent

in Procter & Gamble,

thirty percent in the Vanguard 500 fund,

twenty percent in 3M,

and fifteen percent in Tesla,

and as you're building that portfolio,

you can simply change what percentage

of your money you wanna have in

each of these things.

So, let's say I change my mind here

and I wanna put twenty-five percent

of my money in Tesla.

I wanna put fifteen percent in 3M,

and I wanna put twenty-five percent in Vanguard.

All I do is change those percentages

and then as I add more money to this portfolio,

it's gonna be spread across

these four investments in those percentages.

And then if I wanna add additional investments

to this portfolio,

all I would do is hit that plus sign,

and then I can select stocks here.

I can search for stocks,

or I can browse different ETFs that are available.

So, that is how you basically build

a custom pie within M1 finance.

Now, I wanna go ahead and show you guys

what the expert pies look like,

and how those differ.

So, not only does M1 finance offer these

custom pies that you can build from scratch,

they also offer over thirty different expert pies,

which as the name suggests,

are built by different financial experts.

That have many different categories here.

They have General Investing which is basically

anywhere from Ultra Conservative to

Ultra Aggressive portfolios,

and you can actually click on

each one of these,

get an idea of the returns from these portfolios,

what is held within them,

and if you look at the targets here

it shows you exactly what ETFs

you are investing in.

It's typically I-shares or Vanguard ETFs,

as those are very low fee index funds.

So, you have an array of different

expert portfolios here,

or pies you can invest in.

You also have target date retirement funds,

which are great for the Roth IRA,

which is also offered by M1 finance.

You have different categories like

Responsible Investing, Income Earners.

A cool category is Hedge Fund Followers.

So, if you want to invest in the same

stocks and funds as the hedge funds,

you can do that here by selecting

these different funds like Pershing Square

or Icahn Capital,

and then they also offer just basic

stock and bond allocations.

So, if you just wanted to do, let's say,

thirty percent stocks seventy percent bonds,

you can select that right here

and have that basic allocation

of just stocks and bonds,

and then there's a couple of other

strategies in here as well.

They even have a Cannabis Pie if you wanna be

involved in the cannabis market.

So, that's basically how it works.

You can build your own custom pie

from scratch just like you saw me do,

or you simply select one of these

expert pies that have been pre-built

and you can invest in those

commission free and fee free.

And then, that's basically it.

That is how the pies work,

and if you wanna do a blend of both,

you can invest in two different pies,

and then track your performance.

So, you could do your own portfolio,

a custom pie that you build,

and then at the same time invest money

into an expert pie and you can see

hey, are you beating that pie

or are you falling under it?

And kind of track your performance that way.

So, there's a lot of different options

that are available to you.

But anyways guys, that is gonna wrap up this video.

Those are M1 finance pies in a nutshell.

If you guys do wanna learn more

about this app and the basics of using it,

again that thirty minute training

is linked up down in the description below.

But thank you guys so much for watching.

I hope you enjoyed this video,

and I will see you in the next one.

#Best Education Page #Online Earning

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