How Decisions Were Made

If you're interested in how the guide writers choose the recommended financial services, investing strategies, and more then this is the page for you.

If you have any questions after going through the information below, please send them over by clicking here.

Because this page is quite long to provide all the explanations behind the guide's choices, you can always use the "Table of Contents" to skip to the part that you are interested in.

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• Books read
• Personal Capital
• Pros:
• Cons:
• M1 Finance
• Pros:
• Cons:

Books read

As for which ones we recommend, the books by Jason Kelly were the most data-driven and well written. Controversial, we know. Start there and if you want to read more, consider reading any of the books published from 1990 to the present day.

Personal Capital

We choose to use Personal Capital because of these pros and cons:

As you can see, the pros of Personal Capital far outweigh the cons. Of course, there are more pros and cons than those listed above, but these are the ones that we are considered for our users.

For a more in-depth look at Personal Capital, check out these reviews:

Personal Capital Review 2020: Pros, Cons and How It Compares - NerdWallet

Personal Capital is an online financial advisor, combining robo-advisor algorithms with access to human financial advisors for a more personal experience. The service requires a $100,000 minimum investment, and account balances of $200,000 or more get assigned two dedicated financial advisors; those below that have access to a team of advisors.

www.nerdwallet.com

Personal Capital - Monitor your Investments for Free

Personal Capital is one of the hottest financial technology products on the market. Founded in 2009, the goal of Personal Capital was to provide a blend of cutting-edge technology with objective financial advice. The company has grown by leaps and bounds, and as of November 2018 has more than $8 billion in assets under management.

investorjunkie.com

Personal Capital Review: My Experience Using Personal Capital - Money Under 30

Personal Capital is a hybrid digital wealth management company. They offer a free online and mobile personal finance and investment management app. I first found Personal Capital when we went looking for alternatives to Mint, the most widely-known personal finance and budgeting app. After testing Personal Capital for a few months, here's a review of my experience.

www.moneyunder30.com

Personal Capital Review

First of all, we must note that Personal Capital does not want to be classified as a robo-advisory and would prefer to be considered a digital asset management service that also includes personalized advice from financial planners. That said, the company is one of the first to put tools in investor's hands and automate elements of portfolio management.

www.investopedia.com

M1 Finance

We choose to use Personal Capital because of these pros and cons:

The pros of M1 Finance provides far outweigh its cons. Of course, there are more pros and cons than those listed above, but these are the ones that we were concerned about for our users.

The biggest reason that we choose M1 Fiances over other investing platforms is that M1 can be almost completely automated, something that we did not find done well anywhere else.

This would make sure that as long as the readers of the guide keep feeding M1 Finance money, they would eventually become millionaires.

The lack of tax-loss harvesting hurts M1 Finances' overall score in our opinion, but its pros and automation capabilities more than makeup for that.

For a more in-depth of M1 Finance, check out these reviews:

M1 Finance Review 2020 | Robo-Advisor & Online Brokerage Combined

M1 Finance can perhaps be described best as a hybrid robo advisor and traditional investment brokerage firm. However, we're going to classify it as the former, since we think this may well be the future of the robo advisor sector. M1's robo investing element provides investment portfolio templates, referred to as "Pies."

investorjunkie.com

M1 Finance: A Comprehensive Review [2020 UPDATE]

The development of Robo-Advisor tools and online investing platforms has made it possible for people to start investing without the prohibitive costs of traditional brokerage services. Gone are the days of paying 1.5% of your total investable assets to a random financial advisor.

www.listenmoneymatters.com

M1 Finance Review

M1 Finance offers a unique combination of automated investing with a high level of customization, allowing clients to create a portfolio tailored to their exact specifications. You can create portfolios containing low-cost ETFs or use individual stocks - or both.

www.investopedia.com

M1 Finance Review 2020: Pros & Cons of Investing With Them

Nowadays, personal finance tools are more accessible and cheaper than ever. This is all thanks to companies like M1 Finance, focused on revolutionizing the way people manage their finances. The following M1 Finance review will examine the pros and cons of the platform, as well as the factors that helped it become the industry leader it is today.

daytradingz.com

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