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