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Breaking away from the stock broker norm is the company Robinhood . And I'd like to discuss a little bit about Robinhood and my experience with the company, mainly via my usage of the mobile app on my Android phone. Just like any good conversation, let me give you a little insight into the company and who they are.
Breking away from the stock broker norm is the company Robinhood. And I'd like to discuss a little bit about Robinhood and my experience with the company, mainly via my usage of the mobile app on my Android phone. Just like any good conversation, let me give you a little insight into the company and who they are.
Robinhood is an investment brokerage dealing in stocks, ETFs, options, and cryptocurrencies. The great thing about them is that all transactions made on their platform is commission free. Yes, you just read that correctly. Go ahead, I'll give you a second to wipe your eyeglass lenses.
These guys have found a way to reduce their own overhead by being an online only entity, removing the need for brick and mortar branch locations. Because of this, they are able to offer you 100% commission free trading. So you can invest more and build a diverse portfolio for your nest egg.
Do you want to know about another amazing thing that Robinhood offers? Free stock shares. "Woah! Nate, you can't be serious! Commission free trading AND free stock shares?!? Now you're yanking our chain!" And to that let me say, nope I'm not yanking your chain. Every time you refer someone to Robinhood and they create an approved account, you will both receive a random share of a stock from a Fortune 500 company, such as Amazon, Apple, Ford, etc.
So far I've got a solid portfolio that I've been working on, with shares in 4 different companies. I like to invest in cannabis industry, electronics (specifically electronics designed for AI, aerospace fields, health care/medical advancements, and so on), and agricultural technologies. One great thing about Robinhood is that they always have up-to-date and current articles relevant to the companies you are invested in. This is helpful, in my opinion, and something I look forward to reading with my morning coffee.
All in all, Robinhood is an excellent investment broker and exponentially better than any other broker out there. I have tried a few others before and it was constant headache and always paying those commissions on each trade. Now I can save that fee and invest into more shares, and I'm the happiest about that above all else. So take my word for it and create a new account at Robinhood and claim your free share today. I promise that you'll thank me later.