Free and easy investing on a mobile device

in #stockmarket6 years ago

Thinking about investing on stocks or cryptocurrencies? Here’s a legit way to start, an app called Robinhood. I’ve been using this app for a bout a year and it’s everything that it says it is. Commission free trading so each trade is free for you with limitations of course ( not being able to day-trade which makes sense since they make no money off of day trades and it costs them resources to preform the trade). Other than that you can trade stocks, build your portfolio and collect dividends simply, in one place and free. With that being said robinhood does collect a small fee from users from their buying power or the in app currency( in this case USD) all relative to the balance, however it can be avoided by simply not having any balance idling in the in app wallet. They also have a paid version of the app that allows an individual to have increased buying power which allows them to buy stocks at a higher volume at a time and trade after the market has closed. I have been using the free version and except for a few small cases where I would have saved some money on sells by being able to trade after hours, have had a pleasant experience using the app. For transperency I have not been paid to promote or speak on the app I’m simply a person who has had a pleasant experience learning how to navigate the stock market and learn when to sell and buy stocks. This skill has a massive learning curve and is not for people who panic at every little dip. This app will not get you rich quick either it’ll take time to learn market patterns and how to diagnose them. However with persistence and patiencince it would be an excellent way to get a second source of income for those who aren’t too literate in trading or have massive amounts of money. Again I am not paid and I’m not responsible for any lost money but if you would like to have a jump start on this app if you choose to try and play with stocks as well as help me here’s a link to sign up which will net you and me a free stock. https://share.robinhood.com/julianb328
Cheers

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