This is the best, set-it-and-forget investment app for passive income investors. There is a wide range of options to invest in various asset classes. They even give you an owner’s rewards card where you can work on your investment goals as you spend. The card can be used at top retail chains to make payments and the cashback can be reinvested in your portfolio. I have the option to choose from an individual brokerage account or a joint brokerage account.
I also love the fact that all you need to do is pick stocks or ETFs and M1 will make sure to put your deposits or dividend payments into the stock that needs it most based on the percentage you set for your stocks. The automation options minimize all manual work and make investing a breeze.