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My Journey To FIRE M1 Finance Portfolio November 2022 Update
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Hello@financialselfreliance.net
*****
M1 Finance is the platform I use to accrue money toward my FIRE number, which is my Financial Independence Retire Early goal.
Once you know how much to have as your goal, it’s time to pick the funds that will help you get there.
VTI and VOO are among the most staple, but any good S&P 500 Indexed fund will be great.
As Warren Buffet once said “the best place for the average investor to invest money is in indexed funds”
00:00 - Intro
00:46 - Indexed Fund Investing and ETFs..
01:35 - My M1 Finance account.
02:35 - Financial Independence Number. FIRE.
03:49 - M1 Finance Pies and Slices explained.
05:05 - Dividend ETFs.
06:06 - REIT ETFs
06:49 - Individual dividend stocks
07:57 - Growth Stocks.
08:54 - ARK Invest
09:26 - Rebalancing your portfolio
10:15 - Why I love M1 Finance.
*****
F$R Mission Statement:
To help individuals and families develop empowering beliefs and emotions about money and teach them the necessary skills to become self-reliant, build wealth, and live a life of abundance.
*****
Disclaimer.
The videos on this channel are for educational and general informational purposes only and are not intended to provide specific advice or recommendations for any individual. As such, it should
not take the place of consulting with a certified financial planner, CPA (or other tax professional), legal, or other financial advisor. While we try to provide accurate and timely information, it may not be suitable for your specific personal scenario or specific circumstances. I am a financial professional but without knowing your specific information you should consider what you learn here as general advice. If you want specific advice and coaching please contact us at hello@financialselfreliance.net. I am not a tax, legal or investment advisor representative.
Our coaching is based on the data and research found in the books The Millionaire Next Door, The Next Millionaire Next Door, and The Millionaire Mind by Thomas J. Stanley and Sarah Fallaw. It is also based on 20 years of my personal experience working with money.
*If you use the referral links above, I will also get FREE stock. Thank you for using the referral codes.
#FinancialSelfReliance #FIRE #m1finance #FSR #FinancialEducation #FinancialIndependence #FinancialLiteracy #FinancialFreedom #recession #FinancialPlanning
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