Fee-less Investment Strategies for 2019
We all hate fees. But for the most part, fees have been part of normal life for retirement planning. In the past, people were expected to pay a financial planner an average of 1% of their portfolio yearly,¹ in addition to any fees incurred by their portfolio if invested in any mutual funds. These fees can significantly impact your post-retirement, paying upwards of $40,000 a year on a $2 million dollar portfolio!
But this is 2019. It doesn’t have to be this way anymore. Cut out the middle man, and the other middle-middle man and pave the way to a fee-less retirement.
Enter RobinHood and M1 Finance — two fee-less investment platforms. Personally, I use M1 Finance and will be demonstrating how a person can use the platform to have a fee-less retirement investment strategy (and show the major benefits of such a strategy). But one could apply these strategies to any fee-less investing platform.
Full disclosure: if you use any of these pies to open a new account with M1 Finance, we’ll both receive $10 to invest in our accounts.
S&P 30 Portfolio
This strategy just takes the largest 30 stocks (by market cap) from the S&P 500 with equal weight. You can view this portfolio (or “pie” as M1 Finance calls them) and add it to a new account or even your existing account here: S&P 30 2019
Dow Jones 30 Portfolio
This strategy takes the 30 stocks from the Dow Jones Industrial Average and weights them equally. You can view this portfolio and add it to a new account or even your existing account here: Dow Jones 30 2019
NASDAQ 30 Portfolio
This strategy takes the top 30 stocks in the NASDAQ (by market cap) and weights them equally. You can view this portfolio and add it to a new account or even your existing account here: NASDAQ 30 2019
Matrix FinTech 10 Portfolio
FinTech companies are taking the stock market by storm and could be an important part of your portfolio. Here are 10 FinTech stocks based on the Matrix FinTech Index. You can view this portfolio and add it to a new account or even your existing account here: Matrix FinTech 10
Full Stock Market Sector Exposure Portfolio
This strategy seeks to expose a portfolio to every sector in the stock market (Aerospace & Defense, Auto, Biotech, Financials, Food & Beverage, Industrials, Media, Oil, Gas, and Coal, Pharmaceuticals, and Precious Metals). You can view this portfolio and add it to a new account or even your existing account here: Full Stock Market Sector Exposure
Blue Chip 25 Portfolio
This strategy holds 25 of the top performing Blue Chip stocks (A blue-chip stock is the stock of a large, well-established and financially sound company that has operated for many years).² You can view this portfolio and add it to a new account or even your existing account here: Blue Chip 2019
Tech Innovation and Disruption Portfolio
Taking a cue from ARKK, this portfolio seeks to expose a portfolio to tech innovators and disruptors. You can view this portfolio and add it to a new account or even your existing account here: Tech Innovation and Disruption
Conclusion
The possibilities are endless, and the freedom is invigorating. What are you waiting for? Let’s go for a fee-less retirement.
This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
