Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Free for 3 months, then $125 per year.
M1's Platform Fee
M1's Platform Fee Updated May 2024 M1’s monthly platform fee will apply to all clients who do not meet the following monthly program requirementsm1.com
Is it worth the $125 a year?
Depends. You get an extra afternoon trading window and I think the interest rate for the spend + savings accounts are higher if you're Plus. Also there are borrowing/margin benefits. Oh and I think you have to be a Plus member to open Custodial accounts.
...all this to say: It depends on how you personally plan on managing your investment(s).
Initially I did it because it was free for a year at the time, and I wanted the extra trading windows when I was constantly changing shit around. Now, I'm more about the access to higher rates and possible opening a custodial account for my niece and nephew.
Not to me. I left M1 in 2020.
Its set up for those who want to automate investing and dont plan on doing anything with their shares for a while. I wanted to sell covered calls on my shares. Only 2 trading times that you dont control (morning and afternoon).
Thanks
Thanks
Anyone have any expertise in Leaps…
I know what they are, bought them before. You looking for a strategy?
Yes I purchased some when I first started with options but sold them off early on took the bread. Just seems like apple is a no brainer
Most of the blue chips appear to be good plays, but IF I were to do any in this environment, I'd wait for a significant pullback to start a position. Buying close to all-time highs may not produce the percent gain you looking for.
Apple's last significant pullback was to ~$124, so anywhere under $135 is where I would consider a leap 2 to 3 years out. They are still taxed as short term if you dont hold them a year. I still consider them more of a gamble vs shorter term plays. I know some feel its a good way to "set it and forget it", but this market has been brutal on long term options.
I wouldnt suggest buying them on stocks under $20. I learned that the hard way with Ford. I thought when they announced the F-150 Lightning, the stock was going to be over $25 in 3 years. Nope, leaps drop 50% in around 2 months.
Appreciate that brother. I think I'll just stay DCA until I can put the time aside to fully understand how they work. Salute
He mentioned at the annual meeting how he didn't like the political risk. I'm still stumped by why they opened the position in the first place then. Unless he was initially convinced by one of his lieutenants.
. 5%+ risk free rate of return*. Yes please.Still bag holding $FSR (market cap $2B). Got my avg. down to around $7. They just really need to execute on production. Hell, if they can hit Rivian's market cap...6x return. EPA numbers and US approval would go a long ways (hopefully this month).
EV maker Fisker is exploring collaboration with other companies, CEO says
Electric car maker Fisker Inc is exploring collaboration with other companies to scale up market share faster, Chief Executive Henrik Fisker said on Wednesday.
www.reuters.com
*Debt ceiling battle
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Very helpful.
Blue Origin wins NASA astronaut moon lander contract to compete with SpaceX
https://www.cnbc.com/2023/05/19/nasa-awards-blue-origin-sld-crew-lunar-lander-contract.html?__source=iosappshare|com.apple.UIKit.activity.CopyToPasteboard
https://www.cnbc.com/2023/05/19/nasa-awards-blue-origin-sld-crew-lunar-lander-contract.html?__source=iosappshare|com.apple.UIKit.activity.CopyToPasteboard
$LDOS stock dropped quite a bit on earnings and now this?
Powell is speaking.
The whole system is a cluster. Very frustrating how inept these people are.Why don't democrats call out Republicans for their debt cealing bullshit.
Republicans don't want to touch military spending or any tax cuts for the rich, they only want to cut programs that affect middle class and poor people