robinhood

Robinhood Becomes Nannyhood

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robinhood becomes a nanny broker

I’m not going to get into the Gamestop thing. There are plenty of other places you can read about it. Finance Gourmet isn’t really about day-trading or riding trends like this. What Finance Gourmet IS about is providing financial information and data to investors. I didn’t even get a chance to finish updating my Robinhood vs Stash vs Acorn post before Robinhood changed its reputation forever. (This is why I chose to just publish the mega post and keep editing it rather than waiting to fill in all the blanks) Robinhood Halts Trades to “Protect” Traders Robinhood today halted BUYS ONLY on several stocks that were being pushed higher by internet-based trading groups. In other words, you are welcome to sell and relieve the price pressure that is hurting hedge funds, but you can’t buy, because Robinhood is protecting you from yourself. Robinhood is the same platform that allowed a trader to rack up millions in debt over dubious trades until he killed himself. It claims to democratize trading by offering trading to the masses, so long as those masses don’t make a mess, apparently. But, this Gamestop thing is making its hedge fund masters uncomfortable, and well… now it …

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Stash vs Acorns vs Robinhood vs Betterment vs Wealthfront

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acorns robinhood stash wealthfront betterment

It is time for a mega-review session where we review Stash versus Acorns versus Robinhood versus Betterment, and Wealthfront. Why these apps? These are current front runners in a crowded space that encourages small investments from regular people as a way to invest rather than the traditional broker models of investing. In a way, this Wealthfront review versus the other money investing apps begs for a new investing apps versus Fidelity, Schwab, ETrade, Ameritrade, ScottTrade review. That will have to wait for another day since I’ve already bitten off more than I can likely chew with an in-depth look at each of the Stash, Acorns, Robinhood, Betterment, Wealthfront apps and financial services. The Quick and Dirty Look (No Fine Print) Is Stash safe? What does Betterment do? Why is Wealthfront better or worse than Acorns? These questions demand an in-depth look at each one, and a thorough review of the fine print. Before that, we can take a look at what each money app and financial service say they do, and how that fits for regular investors. What Is Stash? Stash is why I’m writing this mega-review. People keep asking me about Stash. Then they ask me if Stash is …

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