Comments on: Motif Review – Investing With Experts

By: Robert

Robert — Wed, 06 May 2020 19:11:23 +0000

Motif is closing May 20th. I invested in some MLCDs with them which are supposed to be Buy and Hold to maturity. I can’t find a brokerage that I can transfer them, too. So I may have to sell them which at this time could be for a loss. So much for protecting my retirement assets while having a chance for a return.
Does anybody know of a brokerage that would accept these CDs? They were issued by Goldman Sachs Banks USA and are held by Pershing.

Thanks

By: Mary Ellen Denesha

Mary Ellen Denesha — Wed, 10 Oct 2018 13:43:58 +0000

Beware of borrowing from Lenders Club. There is a fraudulent company using their name. They are scamming people. Just make sure you are dealing with the authentic company!!!!

By: theoharis

theoharis — Sun, 08 Jul 2018 23:49:09 +0000

NO FOR EU CUSTOMERS

By: David

David — Tue, 12 Dec 2017 14:01:06 +0000

Avoid Motif! They have been nothing but a pain. They create new fees after you sign up, and you will not notice until it’s too late. For example, a $10 semi-annual inactivity fee. Also, their website is horrible and makes analyzing/researching your past activity very difficult. When problems are pointed out to Motif, they do nothing.

Go with a serious, well known company like Schwab, eTrade, etc.

By: Jeff Rose

Jeff Rose — Mon, 02 Oct 2017 19:50:08 +0000

In reply to maryam. Hi Maryam - The Roth IRA is a retirement plan primarily. The contributions aren't tax deductible, but the income can be taken tax-free when you're 59.5 years old, and have been in the plan for at least five years. But the Roth IRA has one major advantage over other retirement plans, and that's that you can always withdraw your contributions without having to pay tax on them. You can set up a Roth IRA with a robo-advisor like Motif.

By: maryam

maryam — Sun, 24 Sep 2017 19:21:15 +0000

I would like to invest my saving account but i dont know what the best way of investment is.
I have heard about Roth IRA but i am confused about it.