M1 Finance
Parent M1 Holdings Inc. | | |
Website | www |
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M1 Finance (commonly abbreviated as M1) is an American
Part of M1 Finance's investment strategy involves micro-investing. Micro-investing refers to the practice of investing small amounts of money, usually in the range of a few dollars to a few hundred dollars, into financial assets such as stocks, mutual funds, exchange-traded funds (ETFs), or other investment vehicles.
Micro-investing has become increasingly popular in recent years, in part due to the rise of mobile apps that make it easy and accessible for people to invest small amounts of money with low fees. Micro-investing can help individuals build a diversified investment portfolio and start investing even with limited funds. It can also help individuals develop good saving habits and financial discipline.[3][4]
References
- ^ Tritsch, Shane (March 28, 2019). "A Broker for the New App Economy". Crain Communications.
- ^ "M1 Finance raises $150M in SoftBank-led Series E, boosts valuation to $1.45B". TechCrunch. Retrieved 2021-07-19.
- ^ Lucchetti, Aaron. "E-Tailers Allow Buyers to Add Fund Investments to Carts". WSJ. Retrieved 2023-04-20.
- ^ "The Innovators – Meet the 65 Companies and Their Owners Who Have Conjured Up the Latest Wave of Products, Services, and Technologies". money.cnn.com. May 1, 2001. Retrieved 2023-04-20.
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