making money on robinhood
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Robinhood permits you to make investments with out having to pay any commerce charges and only recently they’ve expanded the quantity of funds they provide. Now one foremost factor is, you can not purchase any fractional shares with robinhood, which is perhaps a bit down aspect to some individuals. But robin does will let you have margin account, that allows you to borrow money to speculate and commerce shares and expenses you in return 5% a yr on the money you owe however they do cost you curiosity on day by day bases. Now you is perhaps shock what I truly factor in regards to the app, figuring out that I’m a long run investor.
Key Questions Answered
1. What makes Robinhood particular?
2. Why do they provide no-fee buying and selling?
3. How can you employ this to your benefit?
Information is vital
Source 1: https://www.investopedia.com/articles/active-trading/020515/how-robinhood-makes-money.asp
Source 2: https://seekingalpha.com/article/4205379-robinhood-making-millions-selling-millennial-customers-high-frequency-traders
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