a couple of friends of mine told me that when I buy a stock on RH it only appears that I've bought the stock I chose in the UX and RH simply takes the money and invests it however they please.
If I decide to cash out they pay me the money I've gained on the stocks I chose but in reality, my money could have made more (or less) on RH's picks.
Is there any validity to this? I did some googling and couldn't find anything. It seems like something that would either be outright illegal or at least shady enough that there would be a million articles or posts alerting users to this.
Thanks in advance!
Submitted October 09, 2021 at 11:02AM by tomgray88 https://ift.tt/3uVnk69