There are various methods out there for funding your M1 Finance account.
In this article, we will explore how to transfer money from your PayPal account over to M1.
This will require you to use a separate bank account.
Robinhood is a popular "all-in-one" investing app.
While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.
Introducing Robinhood Retirement; home of the biggest IRA match on the market.
Here's what you need to know:
And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.
Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.
The first step is to open an M1 Finance account.
Before you move your money to M1, you will need to move your PayPal funds to your bank.
Follow the steps below:
This transfer can take between 1 and 3 business days.
Once your funds arrive in your bank account from PayPal, you can initiate a transfer to M1.
M1 offers a variety of investment accounts as well as a High Yield Savings account.
You'll want to initiate a transfer within the app to whatever account you're looking to deposit the money into.