The M1 Finance Investment Journey Begins

I consider myself a relatively new investor. I’ve had a growth oriented mutual fund for three years, my wife and I max out our IRAs, and additionally we both have contribute to retirement programs offered and matched by our employers. Other than that, my knowledge of the stock market was limited. I wanted to invest some additional money to work towards some goals 3-5 years from now, which include home improvements and expenses for our child.

I used the app Stash as a way to get my feet wet in the stock market. While nice, I quickly learned that it didn’t have everything I wanted. After searching around, I found out about M1 Finance.

So there are a few investment apps out there with their own gimmick (Stash, Acorns, Robinhood to name a few). I chose M1 Finance for the following reasons:

    • Divide your portfolio into ‘slices’ and those slices are funded by weight
    • There are no commission fees for buying securities
    • Buying of fractional shares is allowed
    • Friendly user interface

The purpose of this blog series is to inspire others to get started with investing by following along in my progress. I want you to make take away what works and avoid what doesn’t.


I started with $300 as my initial investment, which subsequent investments of $20 every week. The automatic investments will change as my personal funds allow. Here’s how I chose my portfolio or my ‘pie’. I chose how much of my funds I wanted to allocate to each slice. I started with companies I believed in, both in values and growth potential, I gave them each 10%. Then I gave 35% to the experts at Vanguard for some aggressive growth. The conservative part of me allocated 15% to bonds, which I might lower as I progress in my journey. I then took a gamble by investing in some American Steel companies. With the tariffs on imported steel recently imposed, this could go either way.

M1 Portfolio


If you’ve been following the stock market, last week did not end well. The stocks for me that added value were Nvidia and Steel Dynamics, Inc. Additionally, my bonds added value to my portfolio. It’s always good to have some bonds to diversify your portfolio to make it more resistant to a volatile market. Overall, I am down $0.59, bringing my portfolio value to $299.40. The extra $0.01 is in my cash balance. I am assuming since M1 allows you to buy fractional shares, there sometimes is a penny that isn’t necessary. Again, this is an assumption, but I will find out more about this later.

Week 1 M1

Closing Remarks – Down $0.59

That’s my first week, hopefully this gave you some ideas in what to invest in or at least get started in your investing venture. If you were wondering how M1 operated from someone’s personal experience, I hope this helps!

If you want to give M1 Finance a try, click here. This is my personal referral link, which gets us both $10 when you sign up!

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