The only smart way to save money is to invest it. If it's not invested: 1 inflation is eating it alive. 2 The lost return you didn't make by sitting on it is remarkable. If you can save money, invest it. Heck Robinhood pays 5% just to hold your money there. That's 10x better than most savings accounts.
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What's New to TheStreet... 💼📉Robinhood Promotes Low Fees for Options Trading—But Are There Hidden Costs?💰 Robinhood has been touting rock-bottom fees for options trading, but a recent study finds customers may face higher transaction costs compared to other brokers. While the platform advertises affordability, hidden expenses could be impacting your trades. ⚖️📊 What do you think about these findings? Share your thoughts below!👇🏻✨ 👉🏻Follow New To The Street for more! #robinhood #optionstrading #hiddencosts #financialnews #trading #fees #investment #update #businessupdate #innovation #businessnews #business #news #newtothestreet
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What's New to TheStreet... 💼📉Robinhood Promotes Low Fees for Options Trading—But Are There Hidden Costs?💰 Robinhood has been touting rock-bottom fees for options trading, but a recent study finds customers may face higher transaction costs compared to other brokers. While the platform advertises affordability, hidden expenses could be impacting your trades. ⚖️📊 What do you think about these findings? Share your thoughts below!👇🏻✨ 👉🏻Follow New To The Street for more! #robinhood #optionstrading #hiddencosts #financialnews #trading #fees #investment #update #businessupdate #innovation #businessnews #business #news #newtothestreet
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The correction is the real test for the Robinhood Investors. Those who survive this will stay in the market and create huge wealth. The market will always try to wipe you out and make you fearful. It is said that the market starts to move upwards once most of them sell and then the rally is always a surprising. Things looked grim in Covid but after that lot of people have made tremendous money. #Money #Mindset #Growth #Investing
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Super interesting to see how fintechs are now targeting high net worth clients.
How can Robinhood afford to give 3% Cash Back on its new Gold Card? CEO Vlad Tenev explains how they make money:
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What are some good Sharesies alternatives with lower fees? Investing #AlternativesToSharesies #BestInvestmentApps #InvestmentPlatforms 📈 Why Look for Alternatives to Sharesies? Hey there! 👋 Are the fees on Sharesies 🏦 starting to feel like a heavy load? You’re not alone! Here, we'll explore some alternatives that might better suit your investing style and budget. 🤑 💻 Online Brokers as Sharesies Alternatives ✅ Robinhood Zero Trading Fees 🆓 User-Friendly Interface 🎨 Wide Range of Investment Options 📊 Robinhood is super popular,... Read more: https://lnkd.in/dHC76q_R
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Another fintech company Robinhood introduced their new Gold Credit Card: a fusion of investing perks and everyday spending benefits. The potential target customer base for the Robinhood Gold Credit Card could include young professionals, tech-savvy individuals, and active investors who value the integration of financial services and seek rewards for both spending and investing activities. This demographic likely embraces digital platforms for managing their finances and is drawn to the convenience and innovation offered by fintech companies like Robinhood. With cashback rewards and exclusive offers, it's set to elevate user experience. However, hidden drawbacks like potential high-interest rates and fees warrant cautious consideration. Fintech's foray into lending amplifies accessibility but also poses challenges. Advantages include streamlined processes and innovative offerings, yet navigating regulatory complexities and maintaining trust amidst potential risks are crucial. As finance evolves, let's embrace innovation responsibly, ensuring financial inclusivity while safeguarding against pitfalls. #fintech
How can Robinhood afford to give 3% Cash Back on its new Gold Card? CEO Vlad Tenev explains how they make money:
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Robinhood Is Rolling Out Powerful New Features! At the Robinhood "Awaking the Legend" summit early this week, Vlad Tenev and others at the company announced some powerful new features that are going to be game changers for the platform! Tenev announced: - futures and index options trading on the Robinhood platform - A new, 24/5 trading week And the biggest news of all: a free, browser-based trading and analytics platform which will allow traders to see real-time data, screens, better analytics tools and more! This is a big move for Robinhood! What do you think Robinhood's future looks like given these changes? #Robinhood #investing #innovation #trading #technology
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What do you call it when a pro-customer-wealth company launches a product that extracts from & harms those same customers? Conflict, and it drives constant and irrevocable harm to customers. Conflict is the bedrock of the entire finance industry and all of the financially extractive businesses in it. It's why the industry grew 300% in the past 40 without adding anything to the broader economy. It's a rent-extracting industry extracting money from the world with harmful products it markets as being beneficial. Robinhood could be run for the betterment of its customers instead of the extraction of them. It could benefit customers. The entire industry could. We're building Maslow® to put financially extractive businesses like Robinhood out of business and to build a finance industry that serves its customers - not the billionaire owners who go on TV and sprout bullshit a 5th grader can smell from a hundred paces. If you want to help us do that, head to Birchal where we're crowdfunding and you can invest for as little as $250 https://lnkd.in/g56HQFHW Always consider the general CSF risk warning and offer documents before investing. Hat tip to Robbie Coleman for pointing out this horrific behaviour of Robinhood
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📊 🇬🇧 Robinhood just launched margin trading in the UK, giving investors more flexibility in how they manage their portfolios. The ability to trade US stocks with borrowed funds, combined with 24/5 trading access, allows traders to take advantage of new opportunities. How can your investment approach evolve with these tools? ▶️ https://bit.ly/3YxWa5G #robinhoodapp #stockmarket #trading #investing #fintech
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Robinhood has officially launched margin trading in the UK following approval from the Financial Conduct Authority (FCA). This new feature allows UK users to leverage their existing assets for advanced investment opportunities, previously available only to high-net-worth individuals or institutional investors. Curious about what this means for the UK financial market? Read the full story on ForeMedia News here: www.foremedia.tv/news #Finance #Robinhood #UKInvestors #MarginTrading #InvestmentOpportunities
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