Are you an US resident?
A good news for you all because you can invest in stock with zero comission fee. I know this begun a long ago, nearly 3 years before today, Robinhood started its service. But I am a late adopter and I am writing this because it is going to be helpful for the late adopter like me.
What is Robinhood?
Image source: Robinhood
Robinhood Markets Inc. or simply Robinhoodis a stock brokerage based in USA and it allows general public to buy and sell stocks. As of 2018, nearly 3 million people use Robinhood to trade stock. It is valued 1.3 billion US dollar.
My Experience
I started investing in Stock a couple of month ago. The good thing about Robinhood is that you will get 1 Free stock when you sign up. I got a free stock worth $12.5. It took a couple of days for validation of bank. After validation, I transferred $200 to Robinhood from the bank. Looking into different review, I decided to invest inone of the stock which was priced at around $19. I got 10 stock of it. As I write this, it is priced at $32.82 per stock, and my portfolio for 10 stock is now worth $329. Thats nearly a 50 percentage in couple of month. If you like to invest in stock, you will get the free stock too. Use the following link to sign up: Robinhood. Be aware, you need social security number to sign up. You might end up getting stock from Apple, Facebook, Ford, etc.
Looking at dip of crypto, Stock is becoming a good investment for me. I am going to increase my investment to Stock. If I have to share my experience in crypto, its quite fustrating. I noticed crypto when everything was high during January. Most of the altcoins I bought during that period is 80% down. And my overall portfolio is 50% down. But I am still positive it will rise someday, but during the dip, stock is turning out to be good investment for my money.
Disclaimer: I am not a financial advisor, nor I am related to Robinhood. This article is entirely my experience on Robinhood. Please do your research before you start investing in stock.
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