What do you think of these new dividend features for M1 Finance? Check out M1 here: optimizedportfolio.com/go/m1 Get my dividend portfolio here: optimizedportfolio.com/go/dividend-pie I forgot to add that on mobile, for the dividend direction/reinvestment setting, swipe up from the bottom and click Dividend Handling. New dividend tracker interface is not on mobile yet AFAIK.
More options for how to handle accumulated distributions is nice. The dynamic rebalancing feature is what distinguished M1. I appreciate the dividend income display.
Yea I'll still go with the dynamic rebalancing, having dividends just distributed based on target allocations. But I can see how some dividend investors and stock pickers might want to get more granular with it, and the new dividend tracker will probably be huge for them.
@@WanderingExistence Mate, you can't just openly insult me across many videos and posts and then act like we're pals and that it's just "differences in investing styles." That's not an "olive branch."
@@WanderingExistence You make my point for me and you still seemingly miss the forest for the trees. If my disinterest in and objective mentioning of idiosyncratic risks and biases offends you, you're welcome to make your own videos in support of such ideas and "secular trends." I prefer to stick with evidentiary financial education. Moreover, I'm not a stock picker anymore nor do I bet on sectors, so unless it's just to weirdly try to get me to acknowledge your ideas and "knowledge," I'm not sure why you seem to be on this strange crusade to convert me. Don't waste your time. Been there and done that over a decade ago. If you can't tell already from my hundreds of videos and blog posts that I have no interest in "fundamental analysis of companies or sectors," you're on the wrong channel. There are plenty of other channels out there that would love to discuss such things. I try to beat the market myself via compensated risks and I've said as much in plenty of videos and blog posts on leverage, "return stacking," and small cap value stocks, so I'm not sure where you're getting this purported idea that I immediately and "rudely" dismiss anyone who tries. But of course I've already said all this multiple times in other exchanges we've had, so the irony is palpable. Please don't put words in my mouth and don't try to gaslight me with linguistic sleights of hand; I don't fall for such cheap debate tactics. The sarcasm and ad hominem insults are also terribly annoying and just come across as immature. They only cheapen your arguments. This shouldn't require explaining at this point (none of this should), but all those reasons are precisely why I usually ignore your comments nowadays, though I do appreciate the engagement for the algo. In any case, regardless of how either of us feels about the other or about any of these topics, the simple fact is I don't have time to go back and forth at length with one person. If I did, I'd reply more purely to boost my channel's engagement score for the algo. And of course this platform doesn't really lend itself to such discourse anyway. Best of luck.
@@WanderingExistence There's the rub. I'm not "disrespecting the gains." I'm saying I personally don't use recent past performance to try to inform future strategy (i.e. recency bias, performance chasing) or justify objectively irrational decisions based on the subsequent outcome (outcome bias). I explained these in my long video on biases. And since I don't do those things, I don't suggest doing those things. I also actively try to elucidate such tempting, potentially dangerous pitfalls that I fell victim to years ago so that others don't suffer the same fate and have to learn the hard way like I did. Congrats on your gains. Again, they have no bearing on the future probability of success of such idiosyncratic risks as stock picking and sector bets. If you can make it work consistently, more power to ya, but recognize that you are very much the exception that proves the rule. It would be intellectually irresponsible of me to promote such ideas to my audience of mostly novices. If this were a channel about stock picking and charting and analysis, it may be a different story, but even then, the evidence just doesn't support such activities for the average investor who already severely lags the market due to behavioral mistakes.
@@WanderingExistence I'll take it. I'm also implicitly assuming "engagement" is even a factor. I just read that somewhere. Not even sure it's entirely true.
Man I really like your videos and suggestions, M1 is a horrible platform, they still charge... They need to get with times to compete with Fidelity and Vanguard.... I hate to see you so into M1 so much!
Certainly not objectively "horrible." What makes M1 horrible in your opinion? I've had no issues with it whatsoever, and I've personally found Fidelity's Baskets product terribly clunky and unintuitive. Vanguard is stuck in the stone age. Also, different solutions for different audiences, perhaps. Many young novices like the slick, simple interface of M1 over a confusing buy order screen with the big names like Fidelity or Vanguard. Much more learning curve on those. They "charge" what? They don't charge me anything. Attractive APY on savings, good margin rates, etc. to boot. Of course, there's always room for improvement and there have been some growing pains with it basically still being a fintech startup, but again I've had no issues so I have no problem suggesting them. That said, this video was also more to just alert users about and demo a new beta feature, not so much a recommendation. It's also not even that I'm "so into M1." They make it easy for me to share model portfolios that I couldn't otherwise do. While it seems simple now, that sort of tech didn't previously exist.
@@OptimizedPortfolio I really like your videos, I like the presentation, straightforward etc. I learn a lot. I didn't mean to offend. Maybe I just misunderstood M1. If you like M1, it must be awesome.
What do you think of these new dividend features for M1 Finance?
Check out M1 here: optimizedportfolio.com/go/m1
Get my dividend portfolio here: optimizedportfolio.com/go/dividend-pie
I forgot to add that on mobile, for the dividend direction/reinvestment setting, swipe up from the bottom and click Dividend Handling. New dividend tracker interface is not on mobile yet AFAIK.
About dividends does it make sense to buy individual securities for their dividends like General Mills for example?
More options for how to handle accumulated distributions is nice. The dynamic rebalancing feature is what distinguished M1. I appreciate the dividend income display.
Yea I'll still go with the dynamic rebalancing, having dividends just distributed based on target allocations. But I can see how some dividend investors and stock pickers might want to get more granular with it, and the new dividend tracker will probably be huge for them.
Yes it should be good thing from M1 Finance
Indeed, I think a lot of users will be excited about these updates.
Thanks for the tutorial, very easy to set up.
You're welcome!
Nice detailed video. Thanks! This is a feature that I've wanted for awhile and one reason I've kept my traditional brokerage accounts.
Glad it was helpful!
Great video
Thanks!
Great news, thanks
Thanks for watching!
@@WanderingExistence Mate, you can't just openly insult me across many videos and posts and then act like we're pals and that it's just "differences in investing styles." That's not an "olive branch."
@@WanderingExistence You make my point for me and you still seemingly miss the forest for the trees. If my disinterest in and objective mentioning of idiosyncratic risks and biases offends you, you're welcome to make your own videos in support of such ideas and "secular trends." I prefer to stick with evidentiary financial education.
Moreover, I'm not a stock picker anymore nor do I bet on sectors, so unless it's just to weirdly try to get me to acknowledge your ideas and "knowledge," I'm not sure why you seem to be on this strange crusade to convert me. Don't waste your time. Been there and done that over a decade ago. If you can't tell already from my hundreds of videos and blog posts that I have no interest in "fundamental analysis of companies or sectors," you're on the wrong channel. There are plenty of other channels out there that would love to discuss such things.
I try to beat the market myself via compensated risks and I've said as much in plenty of videos and blog posts on leverage, "return stacking," and small cap value stocks, so I'm not sure where you're getting this purported idea that I immediately and "rudely" dismiss anyone who tries. But of course I've already said all this multiple times in other exchanges we've had, so the irony is palpable.
Please don't put words in my mouth and don't try to gaslight me with linguistic sleights of hand; I don't fall for such cheap debate tactics. The sarcasm and ad hominem insults are also terribly annoying and just come across as immature. They only cheapen your arguments.
This shouldn't require explaining at this point (none of this should), but all those reasons are precisely why I usually ignore your comments nowadays, though I do appreciate the engagement for the algo.
In any case, regardless of how either of us feels about the other or about any of these topics, the simple fact is I don't have time to go back and forth at length with one person. If I did, I'd reply more purely to boost my channel's engagement score for the algo. And of course this platform doesn't really lend itself to such discourse anyway. Best of luck.
@@WanderingExistence There's the rub. I'm not "disrespecting the gains." I'm saying I personally don't use recent past performance to try to inform future strategy (i.e. recency bias, performance chasing) or justify objectively irrational decisions based on the subsequent outcome (outcome bias). I explained these in my long video on biases. And since I don't do those things, I don't suggest doing those things. I also actively try to elucidate such tempting, potentially dangerous pitfalls that I fell victim to years ago so that others don't suffer the same fate and have to learn the hard way like I did.
Congrats on your gains. Again, they have no bearing on the future probability of success of such idiosyncratic risks as stock picking and sector bets. If you can make it work consistently, more power to ya, but recognize that you are very much the exception that proves the rule. It would be intellectually irresponsible of me to promote such ideas to my audience of mostly novices. If this were a channel about stock picking and charting and analysis, it may be a different story, but even then, the evidence just doesn't support such activities for the average investor who already severely lags the market due to behavioral mistakes.
@@WanderingExistence I'll take it. I'm also implicitly assuming "engagement" is even a factor. I just read that somewhere. Not even sure it's entirely true.
But AMZN doesn't pay dividends :)
Good point! I just used the examples M1 provided.
@@OptimizedPortfolio np I figured
Man I really like your videos and suggestions, M1 is a horrible platform, they still charge... They need to get with times to compete with Fidelity and Vanguard.... I hate to see you so into M1 so much!
Certainly not objectively "horrible." What makes M1 horrible in your opinion? I've had no issues with it whatsoever, and I've personally found Fidelity's Baskets product terribly clunky and unintuitive. Vanguard is stuck in the stone age. Also, different solutions for different audiences, perhaps. Many young novices like the slick, simple interface of M1 over a confusing buy order screen with the big names like Fidelity or Vanguard. Much more learning curve on those.
They "charge" what? They don't charge me anything. Attractive APY on savings, good margin rates, etc. to boot. Of course, there's always room for improvement and there have been some growing pains with it basically still being a fintech startup, but again I've had no issues so I have no problem suggesting them. That said, this video was also more to just alert users about and demo a new beta feature, not so much a recommendation.
It's also not even that I'm "so into M1." They make it easy for me to share model portfolios that I couldn't otherwise do. While it seems simple now, that sort of tech didn't previously exist.
@@OptimizedPortfolio I really like your videos, I like the presentation, straightforward etc. I learn a lot. I didn't mean to offend. Maybe I just misunderstood M1. If you like M1, it must be awesome.
@@tomm.3994 Thanks! No offense taken.