Currently, I'm investing and YOLOing using Robinhood. I want to setup an account where I can invest a certain amount (e.g. 1500 / weekly) every month into some ETFs and Stocks. Maybe in a set it and forget kinda way. Would also be cool, if rebalancing is taken care of. I found M1 financing to be perfect for my needs. Unfortunately, they are only for US Citizens. I've looked into Fidelity and it probably doesn't support what I need. Seems like they only support automated investments in their own Core funds. I might be wrong. But Fidelity is overtly complex for my needs. Is there an Alternative to M1 financing for h1b visa holders. If not, what is the best way of achieving what I need.
I am not an expert in this field but I use Wealthfront along with Robinhood (plus got my MSFT stonks in Fidelity). WF works for me.
E*TRADE?
Wealthfront
Wealthfront or Betterment
Why do you think Robinhood does not cover your usecases? I use it for that exact usecase and use recurring investments and DRIP. Wealthfront/Betterment doesn't let you choose ETF/stocks. Its experience is Robo adviser where return is sometimes even lower than SPY500 itself.
Robinhood has recurring buys right? Why not use it? I like Fidelity, not sure if they have recurring investments, I like to buy everytime so never checked
Try Wealthfront or Betterment