apparently robinhood is offering some kind of promotion where new users get a free stock. my friend sent me the link so i opened an account got my free share of gopro (trash stock IMHO) and now i don't know whether to close my account in 30 days and take my free money to my main brokerage accounts at td ameritrade or vanguard or to keep the robinhood account and try out some commision free trades. i feel like the pure temptation of commision free trades might lead me to try reckless strategies and lose money lol
my real biggest problem with robinhood is your money not invested isn't put in a money market account so its not earning anything. That money to some extent already offsets trading fees. also to trade after hours i need to sigh up for that bullcrap robinhood gold margin account which im not a fan of. i can get margin for cheaper through most other brokers...
so to finish it off currently the stock portion of my portfolio is about 70 percent vanguard index funds at vanguard 20 percent individual options stocks bonds active mutual funds ect at td ameritrade
10 percent mostly commision free index etfs at etrade.
but im done with etrade and their horrible customer service and hidden fees so im moving al my money out of etrade and was gonna move it to vanguard but now im thinking of putting it in robinhood..... so any thoughts. i feel it would make quick swing trades profitable especially with all the over corrections that have been going on recently .
Submitted July 28, 2017 at 04:48PM by renesyahooacount http://ift.tt/2eUBJMX
