M1 Finance is a user friendly investment platform that brings a unique twist on passive income.  With M1, you can create ‘pies‘ with targeted weight of various investment instruments (slices).  I’ve only had an account with M1 for about a week and it’s definitely for the passive investor only.  This is NOT a trading platform.  Your account will rebalance only once/day and at prices derived from M1.  Don’t get me wrong. I like M1 as a  passive, dividend growth investment option.

Account Update (opened Sept 11)

Deposits:

I’ve setup a weekly, auto-deposit of $100.  I’ll leave it a $100/wk for now until I get more comfortable with the overall process and investment options.

Balance: 

M1 Account Sept 28, ’19

Positions Sept. 27

The only change I made this week was the addition of a bank.  It’s a someone risky move (banks haven’t been the best performing sector this year), but OZK is a little oversold and pays a 3.31% Dividend and maintains a very low Payout Ratio of 26.49%.

As you can see from the chart below, OZK’s PE ratio is low, but appears to be putting in a bottom. If this is true, the equities return could improve which should increase my total return when baking in dividends.

OZK PE