I've won and lost a lot of money with Robinhood, but thought I'd switch to a more passive platform with M1. Any thing I should know? Pros and cons vs. Robinhood? Seems easy enough to use so far, but the one-trade-a-day seems pretty inflexible, which is worrying. Robinhood has some shitty day trading rules, but at least you can respond to changes if you need to.
My current pie is composed of 16 monthly dividend stocks, which I'll probably boost up to 20, hopefully from different industries. I'm a little disappointed it doesn't automatically reinvest dividends, but it does add to your portfolio at the allotted percentage when you hit $10 in dividends, so I guess that's okay.