If you’re like me then you like free money. Seriously, who doesn’t like free money! So when I heard Motif was offering $150 to open an account, that got my attention. I tend to shy away from Mutual funds or ETF’s because of management fees. The great thing about Motif is that you can buy up to 30 individual stocks at once for just $9.95! Yes, 30 individual stocks. You are creating your own ETF without the fees.
Let’s back up a minute. Here’s a quick overview of Motif in a Youtube Video:
What is Motif Investing?
Motif is a discount brokerage company that lets you invest based on themes. You can build your own or use an already made motif – that is a basket of stocks. You can have up to 30 individual stocks or ETF’s in each Motif.
There’s a lot of motifs already created with many themes. Once you log in and select Explore Motif’s, you are presented with several options. If you don’t like any existing, then you can create your own completely custom motif. There’s a Motif for almost anything you can think of. Would you like to invest in Chinese Solar or a hot Rental Market, there’s one for that! For this example I’ve selected Dividends under the heading, Investing Classics.
Once you pick a theme, you can choose different motifs. I clicked on a new one called Growing Dividends.
Customize Your Motif
What’s really cool is that I can add/delete any individual stock that I want and I can also move any of these sliders to pick a different weight. Once you are done customizing, you can purchase your motif.
Another cool feature is that you can join the Creator Royalty Program and select the option to add your motifs to the program. When another investors purchases your motif then you are eligible for compensation based on a royalty system.
Pricing – You can purchase 30 stocks at once for only $9.95. Most brokerages charge at least $5 for each individual stock.
Customization – if you don’t like a stock in a particular motif, you can switch it out with a different one. You can also change the weight of that particular position with ease or create your own custom motif.
Investing Social Network – You can interact and see comments or feedback from other people buying these motif’s. You can invite friends from Facebook or meet other people with like investing ideas.
Multiple Account Options – You can create an individual, joint, Traditional IRA, Roth IRA or Trust Account for estate planning.
Research – Motif is a discount firm and doesn’t have a lot of research tools.
Minimum Purchase – You must make a minimum purchase of $250
Motif Investing $150 Signup Bonus – The Fine Print
This Motif Investing offer is available for new brokerage accounts that get funded with $2,000. You must deposit the funds within 10 days after opening your account. The funds must remain in the account 45 days after. The total bonus is based upon the amount of motif trades made within 45 days. The payout levels are as follows:
- 1 motif trade will receive $50
- 2 motif trades will receive $75
- 5 motif trades will receive $150
This offer isn’t valid for retirement accounts such as IRAs. Currently Motif Investing does not have an expiration date for this offer.
If you’re interested in signing up, please follow the banner at the top or bottom of the page. I wouldn’t be promoting this product if it wasn’t something I wasn’t going to use. I’ll be sure and share my first purchase once my account has been fully funded. Is anyone else already using Motif?