M1 Finance NEW Dividend Investing Features Are Here! (Sneak Peek Demo)
2.2 هزار بار بازدید -
2 ماه پیش
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► Check out M1 here:
► Check out M1 here: https://optimizedportfolio.com/go/m1
► Get my dividend portfolio here: http://optimizedportfolio.com/go/divi...
// TIMESTAMPS:
00:00 - Intro
00:11 - Feature to Direct and Reinvest Dividends
01:44 - New Dividend Tracker Interface
02:22 - Rollout Schedule
02:29 - My Dividend Portfolio
02:49 - Outro
// SUMMARY:
Dividend investors using M1 Finance will be happy to hear that the platform is introducing some major changes and improvements specific to dividends.
One of the biggest requests from users has been the ability to reinvest dividends back into the stock they came from - dividend reinvestment like a true DRIP - instead of having them reinvested broadly in the pie to underweight assets in the portfolio based on one’s target allocations. Users will now be able to reinvest dividends back into the same stock that paid them. For example, Amazon dividends can buy more Amazon shares, Coca-Cola dividends can buy more Coca-Cola shares, and McDonald’s dividends can buy more McDonald’s shares.
It doesn’t stop there, though. You can also instead choose to have your dividends transferred to other accounts like a high-yield cash account, and you’ll be able to customize this at the individual security level. So for example, you could choose to have Amazon dividends go to your cash balance like usual, Coke dividends buy more Coke shares, and McDonald’s dividends transfer to your high-yield cash account.
M1 is also introducing a new, intuitive dividend tracker interface to track earnings more easily. If we go to the Holdings tab, now we’ve got a whole new section for dividend income that breaks things down nicely. I can look at the previous year, the current year, and estimates for the next 12 months. Scrolling down, it shows me upcoming dividends for each individual holding including the ex-dividend date, the pay date, number of shares, the dividend amount per share, what that payment equates to, and the status of confirmed or estimated.
Scrolling down further, for each holding we’ve also got metrics like dividend payments over the last 12 months, dividend yield, yield on cost, average cost, and dividend payout frequency.
It sounds like these new features will be rolling out to all users in the last week of June 2024 or the first week of July 2024.
You might be wondering what a well-diversified dividend portfolio would even look like. I designed a dividend portfolio for income investors using M1 Finance here: https://www.optimizedportfolio.com/m1...
What do you think of these new dividend features for M1?
Read the blog post here: https://www.optimizedportfolio.com/m1...
#m1finance #dividendinvesting #dividends
// INVEST
► M1 Finance: https://optimizedportfolio.com/go/m1
► My comprehensive review of M1 Finance: https://www.optimizedportfolio.com/m1...
► Get my dividend portfolio: https://www.optimizedportfolio.com/m1...
► Lazy Portfolios: https://www.optimizedportfolio.com/la...
► Beginners’ reference guide (updated regularly): https://www.optimizedportfolio.com/be...
► Webull (for stock traders; get 2 free stocks): https://act.webull.com/kol-us/share.h...
// SOCIAL
► Website: https://www.optimizedportfolio.com/
► Patreon: Patreon: optimizedportfolio
► Facebook: Facebook: optimizedportfolio
► Instagram: Instagram: optimizedportfolio
► Twitter: Twitter: OptimizedPort
► Support my channel by shopping on Amazon (free for you): https://amzn.to/2TLCgCc
I appreciate all the support!
Disclaimer: This is not financial advice, investing advice, or tax advice. The information presented is for informational, educational, and entertainment purposes only. Investment products discussed are for illustrative purposes only. It is not a recommendation to buy, sell, or otherwise transact in any of the products mentioned. I always attempt to ensure the accuracy of information presented but that accuracy cannot be guaranteed. Do your own due diligence. All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future results. Opinions are my own and do not represent those of other parties mentioned. Read my lengthier disclaimer here: https://www.optimizedportfolio.com/te...
Disclosure: Some of the links above are referral links. At no additional cost to you, if you choose to make a purchase or sign up for a service after clicking through those links, I may receive a small commission. This allows me to continue producing high-quality content on this channel and pays for the occasional cup of coffee. I have first-hand experience with every product or service I recommend, and I recommend them because I genuinely believe they are useful.
► Get my dividend portfolio here: http://optimizedportfolio.com/go/divi...
// TIMESTAMPS:
00:00 - Intro
00:11 - Feature to Direct and Reinvest Dividends
01:44 - New Dividend Tracker Interface
02:22 - Rollout Schedule
02:29 - My Dividend Portfolio
02:49 - Outro
// SUMMARY:
Dividend investors using M1 Finance will be happy to hear that the platform is introducing some major changes and improvements specific to dividends.
One of the biggest requests from users has been the ability to reinvest dividends back into the stock they came from - dividend reinvestment like a true DRIP - instead of having them reinvested broadly in the pie to underweight assets in the portfolio based on one’s target allocations. Users will now be able to reinvest dividends back into the same stock that paid them. For example, Amazon dividends can buy more Amazon shares, Coca-Cola dividends can buy more Coca-Cola shares, and McDonald’s dividends can buy more McDonald’s shares.
It doesn’t stop there, though. You can also instead choose to have your dividends transferred to other accounts like a high-yield cash account, and you’ll be able to customize this at the individual security level. So for example, you could choose to have Amazon dividends go to your cash balance like usual, Coke dividends buy more Coke shares, and McDonald’s dividends transfer to your high-yield cash account.
M1 is also introducing a new, intuitive dividend tracker interface to track earnings more easily. If we go to the Holdings tab, now we’ve got a whole new section for dividend income that breaks things down nicely. I can look at the previous year, the current year, and estimates for the next 12 months. Scrolling down, it shows me upcoming dividends for each individual holding including the ex-dividend date, the pay date, number of shares, the dividend amount per share, what that payment equates to, and the status of confirmed or estimated.
Scrolling down further, for each holding we’ve also got metrics like dividend payments over the last 12 months, dividend yield, yield on cost, average cost, and dividend payout frequency.
It sounds like these new features will be rolling out to all users in the last week of June 2024 or the first week of July 2024.
You might be wondering what a well-diversified dividend portfolio would even look like. I designed a dividend portfolio for income investors using M1 Finance here: https://www.optimizedportfolio.com/m1...
What do you think of these new dividend features for M1?
Read the blog post here: https://www.optimizedportfolio.com/m1...
#m1finance #dividendinvesting #dividends
// INVEST
► M1 Finance: https://optimizedportfolio.com/go/m1
► My comprehensive review of M1 Finance: https://www.optimizedportfolio.com/m1...
► Get my dividend portfolio: https://www.optimizedportfolio.com/m1...
► Lazy Portfolios: https://www.optimizedportfolio.com/la...
► Beginners’ reference guide (updated regularly): https://www.optimizedportfolio.com/be...
► Webull (for stock traders; get 2 free stocks): https://act.webull.com/kol-us/share.h...
// SOCIAL
► Website: https://www.optimizedportfolio.com/
► Patreon: Patreon: optimizedportfolio
► Facebook: Facebook: optimizedportfolio
► Instagram: Instagram: optimizedportfolio
► Twitter: Twitter: OptimizedPort
► Support my channel by shopping on Amazon (free for you): https://amzn.to/2TLCgCc
I appreciate all the support!
Disclaimer: This is not financial advice, investing advice, or tax advice. The information presented is for informational, educational, and entertainment purposes only. Investment products discussed are for illustrative purposes only. It is not a recommendation to buy, sell, or otherwise transact in any of the products mentioned. I always attempt to ensure the accuracy of information presented but that accuracy cannot be guaranteed. Do your own due diligence. All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future results. Opinions are my own and do not represent those of other parties mentioned. Read my lengthier disclaimer here: https://www.optimizedportfolio.com/te...
Disclosure: Some of the links above are referral links. At no additional cost to you, if you choose to make a purchase or sign up for a service after clicking through those links, I may receive a small commission. This allows me to continue producing high-quality content on this channel and pays for the occasional cup of coffee. I have first-hand experience with every product or service I recommend, and I recommend them because I genuinely believe they are useful.
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