[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]
Special Offer: Get up to $150 when you open an account with Motif and make 5 trades.
[button open_new_tab=”true” color=”accent-color” hover_text_color_override=”#fff” size=”large” url=”http://track.flexlinks.com/a.ashx?foid=1081569.402850&fot=9999&foc=1&foc2=691279″ text=”Claim Special Offer” color_override=””]
[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][vc_column_text]
What is Motif Investing
[/vc_column_text][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]Motif Investing is a broker that allows you to create baskets of stocks or ETFs and customize the weights of the basket you have created. Each basket is called a Motif, and can hold up to 30 stocks at once. At its simplest, Motif Investing makes it possible to create and manage your own ETF for a very small fee.
The idea behind Motif is that instead of spending upwards of $300 to purchase shares of 30 different stocks, a user can bundle the stocks and pay one fee of $9.95 and get them all.
Each motif is build around a theme of some sort (hence the name). If you are a beginner and would like to just pick a market or theme, Motif has its own professionally created motifs that you can choose to buy into.
They claim to build the Motifs around the way everyday people think.
We looked at a few specific examples to get an idea or what Motif means by “how people think” for this review. We typed in Obamacare and got two professional Motif options.
One Motif called “Obamacare” is built around companies that will do better because of the new Obamacare law such as hospitals, pharmacies, and electronic medical records companies.
Another Motif tracks the opposite, choosing to look for companies that will succeed if Obamacare fails and is repealed. This Motif is called “Repeal Obamacare”.
This is a great timesaver if an investor doesn’t want to spend hours researching stocks, but believes they have a good idea where a certain sector of the market may go.
Beginners and Experts alike can choose industries and themes that they believe will succeed. They can build their own Motifs around their beliefs, find professional Motifs, or they can choose other Motif Investing users Motifs.
Motif has carved out a great space in the investing niche by creating software that mixes individual stock picking, and index fund investing. It allows you to truly build and manage your own portfolio, but at a fraction of the cost.[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]
[button open_new_tab=”true” color=”accent-color” hover_text_color_override=”#fff” size=”large” url=”http://track.flexlinks.com/a.ashx?foid=1081569.402850&fot=9999&foc=1&foc2=691279″ text=”Start Investing with Motif Today!” color_override=””]
[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_video link=”https://www.youtube.com/watch?time_continue=9&v=kYRr_pIX9U4″ align=”center”][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][vc_column_text]
Social Investing with Motif
[/vc_column_text][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]As part of this Motif Investing review we looked into the social aspect of Motif. This allows you to view Motifs that other users have created and invest in the same group of stocks.
This is a great feature for beginners that may not feel completely comfortable picking their own stocks or themes.
One of the best features of the social section of Motif is that you can view how other users portfolios are doing. As shown in the screen shot below, you can search and find the current most successful portfolios and choose to invest in the same Motifs if you so wish.
[/vc_column_text][vc_column_text css=”.vc_custom_1472621050598{margin-top: 15px !important;}”]One interesting feature of Motif is the ability to make money if other users sign up for your custom Motif. Motif offers $1 for every person that signs up for a Motif that you create from scratch. Chances are that you won’t make much of this, but perhaps it could pay trading fees! At the very least you get the good feeling that comes from knowing people respect your expertise![/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][vc_column_text]
Motif Review Specifics
[/vc_column_text][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]Price to Purchase Motif – 9.95 per Motif
Minimum Investment – Technically none, but need $250 to get started trading. Please note that this minimum is a PER MOTIF MINIMUM.
Minimum Investment for Margin Trading – $2,000, which is standard
Withdrawal Fee – No withdrawal fee. Standard ACH withdrawal directly to bank account in 3-5 days
Dividend Reinvestment – Currently no way to reinvest dividends meaning that it must be done manually
Mobile App – Yes, they have a robust mobile app with 95% positive ratings
Insured – Yes, Motif investing is SIPC insured
Account Types – Individual, traditional IRA, Roth IRA, Rollover IRA, Trust, Joint
Maximum Stocks Per Motif – Each Motif can have up to 30 stocks or ETFs[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]
[button open_new_tab=”true” color=”accent-color” hover_text_color_override=”#fff” size=”large” url=”http://track.flexlinks.com/a.ashx?foid=1081569.402850&fot=9999&foc=1&foc2=691279″ text=”Get $150 after your first five trades with Motif” color_override=””]
[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][vc_column_text]
Investing in IPOs with Motif
[/vc_column_text][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]In 2015, Motif Investing partnered with J.P. Morgan in an attempt to make IPOs accessible to even the smallest of investors. The minimum buy in was said to be $250 (which is Motif’s minimum).
Motif has an entire page built around this service, however no IPOs are currently showing and it sounds like there have not been any IPOs as of the date of this Motif Investing Review. We will continue to update if IPOs come available, but do not expect to be investing in IPOs as soon as you set up your Motif account.[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][vc_column_text]
Commission-free Investing with Motif
[/vc_column_text][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]As part of this review we wanted to touch briefly on Horizon Motifs. These are similar to commission-free ETFs. They are for investors that do not want to pay fees, or do not have enough invested to make it worth the fees.
Horizon Motifs work similar to target-date funds or robo advisors. They allow you to select a time frame for retirement, and their algorithm will determine the proper allocation of assets for you.
This is great for beginners that don’t want to pay commission, and may not understand proper asset allocations.
We looked at their different allocations and they seem to be sitting at very similar returns currently. This is perhaps because the Motifs are relatively new and have not had time to grow apart.[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][vc_column_text]
Motif Investing Premium
[/vc_column_text][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”5″][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]Note: This was added to the Motif Review later as this is a recent update. Motif recently came out with Motif premium which is more aimed at active stock traders.
Rather then the pay-per-trade model, Motif Premium is a subscription model of investing. Motif algorithms will automatically invest and balance your portfolio.
You can set it to automatically pull recurring amounts from your bank and invest in Motifs of your choice. The idea is to help keep your investments as close to your original investing strategy as possible.
All trades that are made within the Motif Premium account are commission free, but the monthly fee will likely even things out.
Features
Switch back to regular plan – Yes, Motif will allow you to change plans back to your original Motif Investing plan if you are not happy with the premium plan
Eligible motifs – Not all Motifs are eligible, only professional or custom Motifs
Commission-free limit – Yes, you get one commission-free trade a month with the Premium Plus plan and three with the Premium Unlimited plan.[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]
[button open_new_tab=”true” color=”accent-color” hover_text_color_override=”#fff” size=”large” url=”http://track.flexlinks.com/a.ashx?foid=1081569.402850&fot=9999&foc=1&foc2=691279″ text=”Get $150 after your first five trades with Motif” color_override=””]
[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]To conclude this review, Motif Investing has a solid platform that has been well thought out and offers genuine value. It allows investors to build large and diversified portfolios without paying excessive commission fees.
It has a good community of users and is quickly adding new features and growing in popularity.[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]Looking for a more basic online stock broker? Check out our guide on choosing the best online broker for beginners![/vc_column_text][/vc_column][/vc_row]
