Over the week, I setup a new account with M1 to test out their fee-free, auto-balancing service. It’s a clever approach to investing. Instead of having to buy and sell individual stocks, you just re-balance your positions as a percentage of the whole.
My initial deposit was $500, then another $200 yesterday. As you can see below, I’ve bought into 5 positions.
Symbol
CAH
HRL
STOR
O
ABBV
Dividend Yield
3.94%
1.89%
3.86%
3.69%
6.16%
Payout Ratio
42.40%
47.37%
72.73%
85.33%
50.80%
Strategy
Healthcare
Food Processing
Real Estate
Real Estate
Pharma
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