In this video, I break down my M1 Finance investment portfolio to give you an idea of how I have my money invested. We’ll cover my taxable investment accounts, Roth IRA, and Traditional IRA.
As we go through each investment portfolio I’ll touch on exactly what I’m investing in and why I’m doing that. The goal for me is to grow my money so you’ll notice that I mainly invest in index funds since I’m a long term buy and hold investor. This strategy works best for a passive investor like me.
My main holdings consist of Vanguard index funds because they’re very cheap to own and know for being an extremely high quality investment.
Video breaking for my “free car” fund:
Video on everything you need to know about index fund investing:
My Recommendations:
💰 M1 FINANCE – Get A Free $30 and Invest In Fractional Shares when you open an account using this link (where I invest my Roth IRA)
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📈 BLOOOM – Are your 401k and IRA fees too high? FREE 401k and IRA Fee Analyzer.
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🏠 FUNDRISE – Start Investing In Real Estate From Home! (I have money invested here)
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💎 WEBULL – Free Investing Platform (Get 1 FREE stock when you deposit at least $100 on your first deposit)
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💵 ROBINHOOD – Free Investing Platform (FREE stock worth up to $200 when you open an account and fund it)
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💡 Get your free investing app guide here:
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YOU’LL FIND THESE PLAYLISTS HELPFUL:
🏆 Financial Independence Retire Early Playlist:
💸 Side Hustle Playlist To Help You Make More Money:
💵 All Things Investing Playlist:
📈 M1 Finance Playlist:
📕 Learn How To Budget Playlist:
📲 Follow me on Instagram:
📧 Send Business Inquiries To: JarradMorrowYT@gmail.com Do NOT contact me about promoting anything related to cryptocurrency or NFT’s because I’m NOT interested and want nothing to do with these types of companies. You will immediately be flagged as “spam” to Google if you don’t follow these simple instructions.
Affiliate Disclaimer: Some of the above may affiliate links. Support the channel by signing up or purchasing through those links at no additional cost to you. I appreciate you for helping me keep this channel running
Disclaimer: This video is for educational purposes only. Please take all of my suggestions/recommendations and do your own research before making any decisions with your money. Contact a professional before trying anything that I talk about. I know you’re smart and you’ll use that big brain of yours 🙂
#investing #m1finance…(read more)
LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
What do you think about MGK for taxable?
Thanks for sharing
Great video! I’m trying to learn and move my traditional IRA from Merrill Lynch to M1. It’s a guided IRA and charging me a lot of money. I’m clueless what to put into it. I plan on retiring in five years.
Please make a video on how much tax you are paying on stocks.
How fudge is packed
What is the purpose of a brokerage account, and should I invest in it for short term, and if I should what should I invest it in…I have 500 dollars and I want to try and have about 5000 dollars between 3-5 years
Speaking about the traditional IRA in16:00 “I don’t plan on adding more money until I am over my income limit…”
Can someone explain this because I thought once your Roth IRA is maximized at $6k you can’t just add more to your traditional IRA. I thought it was the sum of contributions to both IRAs. I must be misunderstanding him.
Great video! Can you please share your thoughts on my ROTH IRA portfolio? I am 38. Thank you and KEEP UP THE GREAT JOB!
amazing video man , very helpful !
Once you take your 401k and roll it over into a traditional IRA you can take that traditional IRA and roll it over into a Roth IRA.
I really like your explanation of the various investments. Thanks for the videos Jarrad.
What happens if you contribute to roth ira if you're over the income limit?
This is a video that best represents what I am looking to do! Thanks for all of the great insight.
So, I buy the percentage of the index funds/stocks, not the actual shares of the index fund right? For example, I put in 1K into my Roth IRA account and I want to purchase VOO, do I buy the shares of that ETF or the percentage?
So auto invest is every month? If so, how will it go into my account? Will the cash every month go into my buying power or straight into the fund?
Can you do trades like sell and buy stocks whenever you want in Roth IRA acount or no ? And can you covert an individual account into a Roth IRA account on M1 financial or no ??
Hi J, first I would like to thank you immensely for giving us an overview of your accounts. I wanted to know if opening a traditional IRA is feasible for long-term gains? Or, should I ignore a traditional IRA and just open a Roth IRA? Fyi, I'm aware of taxes and all that stuff in regards to IRAs. I just wanted a second opinion in terms of what's best suited for an individual who wants to have a set it and forget type of investment. Again, kudos to you for all the valuable information!
Can you buy Voo from m1 finance as Etf
Great video jarrad. Im new to this. Can i ask if all the individual accounts you have on m1 finance have a maximum contribution of $6k combined?
such a pity that m1 finance doesn't serve people on visa
I’m gonna checkout M1 finance right now.
I didn’t know you can auto invest in etf in M1, fidelity doesn’t allow that.
Would you know if VOO available for non American citizens? I am in Asia
Why not VTI instead?
Good stuff, I like the M1 platform. Opened an account to get started, have two 457 plans that im going to roll to traditional ira then convert to roth at least thats the plan. Been told that is a viable option. Take a hit on fed tax now but tax free forever after. Any thoughts?
I can’t figure it out I have 6k in cash in my Roth & I don’t get how you set the date for your auto invest. I see if I have over a certain amount it will buy but how do you set to spend $500 monthly or bi weekly?
I’m so glad I watched. Mainly because I don’t know very many people that invest and the few I’m around only worry about the downs of the market nothing else.
I’m assuming you have one more account making 5. Your work 4O1k. Nice video.
This is honestly a very well made video. I love how you describe why you bought each thing rather than just displaying your portfolio. Keep up the good work!
Can you roll your traditional IRA into your Roth IRA as long as you pay the taxes on it?
Can i contribute the max of 6000 to my roth even if i have a 401k at work?? I make less than 100k a year