Update: This offer has expired.
One of my favorite online brokers is offering a pretty cool bonus this month. They’ll give you $100 in free cash just for signing up, investing $1,000 and making one trade.
Your new funds must be posted to your new account within 10 calendar days of account opening, and must remain in the account for 45 calendar days. Your bonus will be posted to your account within 30 calendar days after the end of the 45-calendar-day period is complete.
Fee Disclosure: Motif charges $9.95 for each trade you make, so all totaled you’ll net $90.05 with this bonus.
What the Heck is Motif Investing?
Motif Investing is unique among online brokers. With Motif, you invest in a cluster of stocks (usually 20 to 30) from a similar field. For example, you’ll find motifs for Clean Energy, Chinese Internet Companies, Oil & Gas.
Once you choose a motif, you are able to customize it to your liking before you buy. You can delete the stocks that you don’t want. You can also choose what percentage of your money will be invested in each individual stock.
If you decide you want to trade one motif, you’ll pay the low fee of $9.95. Even better, there are no management fees.
In addition, Motif has a platform where you can chat with other investors and share thoughts on particular motifs and stocks. You can also use your Facebook account to find friends who’ve invested with Motif and include them in your Motif circle.
Motif Will Give You $100 Just to Sign Up
(Editor’s Note: The sign-up bonus is no longer available, but you can still get 3 months of Motif service for free.)
If Motif Investing sounds like something you’d like to join, there is no better time than now.
Here’s the promotion link: Motif’s $100 Sign Up Bonus
Have you used Motif Investing before? What are your thoughts?
Good luck Penny Hoarders!