Post #1606 by rayvt on the Mechanical Investing board

Investment Strategies / Mechanical Investing

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M1 broker is getting better, on May 15, 2024. They are ending the M1 Plus membership program and all those features will be for everybody. I got this in an email. Nothing shows up on the M1 site.

Morning and afternoon trade windows, High-Yield Savings Accounts (currently 5%), FDIC insured, and more.

Sadly, they keep rearranging their web page. The original one was very clunky, but I got used to it.

If you run a monthly portfolio like some that Jim has mentioned, their automatic portfolio trading & rebalancing is very convenient. I've been doing a monthly screen for 3 years. Mark the old stocks to be deleted, add the new stocks, click "evenly balance" button and it all gets done at the next trading window.

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