Everything Wrong With Robinhood - 5 Reasons I Don't Use Robinhood For Investing

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  • เผยแพร่เมื่อ 15 พ.ย. 2024

ความคิดเห็น • 27

  • @blakesmith9039
    @blakesmith9039 2 ปีที่แล้ว +1

    What do you think of ftx for crypto?

  • @keepthemomentum
    @keepthemomentum 3 ปีที่แล้ว +5

    Robinhood launched over eight years ago. They’ve been around long enough to fix a lot of “newbie” problems and they definitely here to stay. And, yes, they are pretty much responsible for the industry switching to fee-free trading.

    • @MillennialFinance101
      @MillennialFinance101  3 ปีที่แล้ว

      I only use it for crypto now. Yeah they are great app. Let’s hope they don’t become shady

  • @quinnbi8716
    @quinnbi8716 4 ปีที่แล้ว +5

    Thank you for sharing!

  • @faithedgecomb662
    @faithedgecomb662 3 ปีที่แล้ว +6

    Funny I got a robinhood commercial

  • @funtimesthatsit4260
    @funtimesthatsit4260 4 ปีที่แล้ว +5

    I want out of Robinhood can I sell all my stocks at once. Then close the account?

    • @MillennialFinance101
      @MillennialFinance101  4 ปีที่แล้ว +1

      I would pay for a transfer out of robinhood otherwise you will trigger taxes. If you don’t mind, just sell it all I suppose.

  • @katel3962
    @katel3962 2 ปีที่แล้ว +1

    If Robinhood folds, what happens to our stocks?

  • @peopleli1549
    @peopleli1549 3 ปีที่แล้ว +4

    Hi I'm not understanding stock person .
    I just opened Robinhood account. So How do I close Robinhood account.
    What is the stock app should download?
    Please talk little slow. You talk to fast. Thanks

    • @MillennialFinance101
      @MillennialFinance101  3 ปีที่แล้ว +1

      Try charles Schwab or fidelity. You can leave the account open if you want or contact robinhood and close it. Yup can play my videos a little slower using the TH-cam feature.

  • @lovelyek8187
    @lovelyek8187 3 ปีที่แล้ว +3

    If you wouldn't use robinhood why do you have a link for it?

  • @Cactusman6285
    @Cactusman6285 4 ปีที่แล้ว +6

    Hello Min. I love your channel. What advise can you give a 19 year old that wants to learn more about personal finance and investing as far as educational classes and/or college courses/degrees to pursue. Thank you so much!

    • @MillennialFinance101
      @MillennialFinance101  4 ปีที่แล้ว +3

      You’re already on the right track. Just learn from others like myself. Stay away from get rich fast schemes. Check out the Dave Ramsey book in my description. It’s enlightening to read but more geared towards your parents age group. But I always found learning from the older generation a great way to avoid bad choices or follow good choices.

  • @haileysivongxay7680
    @haileysivongxay7680 3 ปีที่แล้ว +3

    Robin hood is a disney movie. 🤖🤖🤖

  • @monikastuller1828
    @monikastuller1828 4 ปีที่แล้ว +5

    Please make a video about cryptocurrencies. Thank you.

    • @MillennialFinance101
      @MillennialFinance101  4 ปีที่แล้ว +5

      It’s mostly gambling, that’s all you need to know. It’s a good place for day traders and options traders.

    • @biyizy
      @biyizy 3 ปีที่แล้ว

      I opened RH a few weeks back due to a friend introducing me to crypto. Like you rightly said, crypto is like gambling and that instantly turned me off. I'm thinking of selling and just putting the money in an S&P500 through RH and just forget it Or just close it. I already have accounts through Schwab and fidelity.