Certainly not objectively "horrible." What makes M1 horrible in your opinion? I've had no issues with it whatsoever, and I've personally found Fidelity's Baskets product terribly clunky and unintuitive. Vanguard is stuck in the stone age. Also, different solutions for different audiences, perhaps. Many young novices like the slick, simple interface of M1 over a confusing buy order screen with the big names like Fidelity or Vanguard. Much more learning curve on those. They "charge" what? They don't charge me anything. Attractive APY on savings, good margin rates, etc. to boot. Of course, there's always room for improvement and there have been some growing pains with it basically still being a fintech startup, but again I've had no issues so I have no problem suggesting them. That said, this video was also more to just alert users about and demo a new beta feature, not so much a recommendation. It's also not even that I'm "so into M1." They make it easy for me to share model portfolios that I couldn't otherwise do. While it seems simple now, that sort of tech didn't previously exist.

For the hundredth time, rapidly rising rates were always a known risk with a HFEA-like strategy such as this. Anyone not understanding that when buying long bonds shouldn't be in LETFs in the first place. But that's also why such strategies are long term of necessity. A few years is a drop in the bucket. And no one ever said 3x treasuries was "safe." Yes, stocks and bonds are typically uncorrelated and typically become negatively correlated during major crashes. Please don't put words in my mouth. Specificity matters with this stuff.

Dropping people off the platform? Also, I guess you never heard about the myriad of outages, fines, and SEC violations Robinhood has had over just the past few years. I'm surprised they're still allowed to exist at this point. Saying they're objectively superior to M1 is a laughable assertion.

I can't provide personalized advice here.

true

That doesn't make sense. SPAXX NAV stays at $1.00 and it pays monthly distributions. Sounds like maybe some cash entered the core position without you realizing it.

@@OptimizedPortfolio must be. But I have no idea where it came from. I don't have any dividend paying stocks (nowhere near the amount for that type of monthly payout) and no "activity" explaining what it is.

The setting is available on both desktop and mobile. The new tracker interface is currently only available on desktop.

yes

Thanks for sharing!

No idea what those funds are. I also can't provide advice. Best of luck.

Thanks for sharing!

True

You're welcome!

Thanks for sharing!

You're welcome!

Thanks so much!

Realizing the loss would offset the realized gain (at least partially) so you wouldn't owe as much in taxes. Consult your tax professional on your specific circumstances.

Again, European options so no risk of early assignment.

Good point! I just used the examples M1 provided.

@@OptimizedPortfolio np I figured

Possibly, if you want covered calls. I'm not a huge fan of them, as I explained here: kzfaq.info/get/bejne/gbWAlql0uJewqZs.html

Trying to fight the rampant misuse of the term acronym. 😎

Glad it was helpful!

Yea I'll still go with the dynamic rebalancing, having dividends just distributed based on target allocations. But I can see how some dividend investors and stock pickers might want to get more granular with it, and the new dividend tracker will probably be huge for them.

Indeed, I think a lot of users will be excited about these updates.

Thanks!

I do prefer cash going to underweight assets to maintain my target allocations, yes, which is what M1 calls "dynamic rebalancing." This new dividend feature is likely more exciting for stock pickers and "income investors." I am neither a stock picker nor an income investor.

Thanks for watching!

@@WanderingExistence Mate, you can't just openly insult me across many videos and posts and then act like we're pals and that it's just "differences in investing styles." That's not an "olive branch."

​@@WanderingExistence You make my point for me and you still seemingly miss the forest for the trees. If my disinterest in and objective mentioning of idiosyncratic risks and biases offends you, you're welcome to make your own videos in support of such ideas and "secular trends." I prefer to stick with evidentiary financial education. Moreover, I'm not a stock picker anymore nor do I bet on sectors, so unless it's just to weirdly try to get me to acknowledge your ideas and "knowledge," I'm not sure why you seem to be on this strange crusade to convert me. Don't waste your time. Been there and done that over a decade ago. If you can't tell already from my hundreds of videos and blog posts that I have no interest in "fundamental analysis of companies or sectors," you're on the wrong channel. There are plenty of other channels out there that would love to discuss such things. I try to beat the market myself via compensated risks and I've said as much in plenty of videos and blog posts on leverage, "return stacking," and small cap value stocks, so I'm not sure where you're getting this purported idea that I immediately and "rudely" dismiss anyone who tries. But of course I've already said all this multiple times in other exchanges we've had, so the irony is palpable. Please don't put words in my mouth and don't try to gaslight me with linguistic sleights of hand; I don't fall for such cheap debate tactics. The sarcasm and ad hominem insults are also terribly annoying and just come across as immature. They only cheapen your arguments. This shouldn't require explaining at this point (none of this should), but all those reasons are precisely why I usually ignore your comments nowadays, though I do appreciate the engagement for the algo. In any case, regardless of how either of us feels about the other or about any of these topics, the simple fact is I don't have time to go back and forth at length with one person. If I did, I'd reply more purely to boost my channel's engagement score for the algo. And of course this platform doesn't really lend itself to such discourse anyway. Best of luck.

​@@WanderingExistence There's the rub. I'm not "disrespecting the gains." I'm saying I personally don't use recent past performance to try to inform future strategy (i.e. recency bias, performance chasing) or justify objectively irrational decisions based on the subsequent outcome (outcome bias). I explained these in my long video on biases. And since I don't do those things, I don't suggest doing those things. I also actively try to elucidate such tempting, potentially dangerous pitfalls that I fell victim to years ago so that others don't suffer the same fate and have to learn the hard way like I did. Congrats on your gains. Again, they have no bearing on the future probability of success of such idiosyncratic risks as stock picking and sector bets. If you can make it work consistently, more power to ya, but recognize that you are very much the exception that proves the rule. It would be intellectually irresponsible of me to promote such ideas to my audience of mostly novices. If this were a channel about stock picking and charting and analysis, it may be a different story, but even then, the evidence just doesn't support such activities for the average investor who already severely lags the market due to behavioral mistakes.

@@WanderingExistence I'll take it. I'm also implicitly assuming "engagement" is even a factor. I just read that somewhere. Not even sure it's entirely true.

Possibly good for Emerging Markets small cap blend, and it tilts value. Still a bit early.

Haha I know right 😆

Thanks! Not sure. I don't use the app. I'm sure there probably is. Maybe I can make a video on that too.

As far as I can tell, no. There's a lengthy exchange from a year ago in another comment where someone asked the same thing.

Thanks for watching!

Hey Chris, interest from FDLXX would be subject to federal income tax but would be exempt from state income taxes. This is the case for all US Treasury bonds and by extension, any fund that exclusively holds US Treasury bonds such as FDLXX and SGOV.

@@OptimizedPortfolio Thanks! I've also noticed that FDRXX has a lower expense ratio than all the others, 0.38% vs. 0.42%. I'm not sure why this is but it doesn't seem to make any real difference in it's overall performance as compared to the others assuming that the stats shown by Fidelity are including fees.

Yea there doesn't seem to be much rhyme or reason as to the different expense ratios Fidelity impose on these various funds, and they seem to change often. What may be a more useful comparison in this context is just to look at that 7-Day Yield aka SEC Yield, which is the fund's yield net of all fees.

Glad you enjoyed it!

What?

@@OptimizedPortfolio *** >|< *** >|< LEVERAGE ! >|< *** >|< *** portfolio allocation is good for a long term "Buy - And - Hold" time frame . Over YEARS of "Set It And Forget it" investing , It will offer decent returns . I will take advantage of LEVERAGE . Emerging Markets starts to go down . Do I simply WATCH my profits dwindle away ? {{"Gosh , I sure hope it comes back."}} No . I buy EDZ , whose price goes UP 3% each time the E.M. index goes DOWN 1% . Several new models of ETFs have come out since 2023 . YieldMax offers ETFs that follow options-based strategies . Higher Risk ? Yes . More hands - on trading , tightly following Market Action ? Yes . Higher ROI ? YES !

Haha I don't know about that. 😆

Possibly another good option, but it's small cap blend technically. AVEE didn't exist when I made this video.