I came across the idea of Motif Investing on the internet and thought it was a good idea.
Motif Investing: Money Grows On Ideas (read here)
A motif is a basket of 30 stocks you can invest in, which are aimed to profit from a specific idea or underlying theme. Motif has developed unique financial products called “motifs” that are similar to the low-cost exchange-traded funds offered by the aforementioned startups. Or rather (from how I see it) sub-sets / sub-groups of the ETF.
You can buy a basket of 30 stocks for only USD$9.95, instead of buying them individually for USD$7.95 through a typical broker. You can build your own motif, buy one of the motifs created by Motif Investing, or buy a motif by a fellow Motif Investor with a great track record. You can even buy retirement motifs, much like target date funds, except you don’t have to pay the 1% management fee. You get up to $150 free when you start trading with Motif Investing.
I understand there is this Motif Investing’s value proposition for retail investors, and I am curious to know what stocks are in there. I reckon it is like an ‘ETF’ comprising of value stocks. :p
The bummer is when I tried to register into the website, I was notified that the applicant needs to have an address located in the US. So I was unable to proceed further and find out more. I don’t think there are similar websites in Singapore (or anything remotely similar comprising of stocks listed in the SGX).
These past few days, I have encountered different ways of investing money via online portals. I haven’t been watching much TV though. From the different crowdfunding platforms (P2P lending platforms being one of them), to Social Trading (not really into trading.. btw), and now Motif Investing. I know I am probably late in knowing all these but well better late than never.
“Develop into a lifelong self-learner through voracious reading; cultivate curiosity and strive to become a little wiser every day.” Charlie Munger
At this time Motif Investing can only create investment accounts for U.S. Citizens or legal U.S. residents.
Thanks, I am aware of that.
I’m actually quite interested in one of the budgeting/investing app similar to Motif callad Mint.com, same as well only accept US citizen 😦
IC. Thanks for highlighting. Actually all these are opportunities to the well attuned entrepreneur.
Singapore seems to be a bit slow in catching up with these Fintech. For instance, the P2P platforms have originated more than 10 yrs ago in the US and China, and it is only recently that it is starting to pick up in Singapore.
Has it been offered to Singaporean? If no, any similar services available? Thanks!
I wish I can register and find out more about Motif investing. So far I don’t think it is available to Singaporeans. As I am unable to find out more about it, I won’t know if something else that is similar to it.