Don’t we know Robin Hood is a scam today? Weren’t they caught giving a preview of their purchases to the big investors, so that the little people who paid into their platform get the second bite at the apple?
Schwab. I use them for banking and investment. No fees on any ATM withdrawal anywhere in the world forever, no fees on investments, and their customer service line is always a person, not a robot. Very satisfied customer. Then I just buy VT and chill.
VT is an ETF you can buy for like $100 a pop. Schwab also has great Target Date Funds with a minimum buy of like $1.
Yeah it's just convience. It doesn't really matter where you buy, and I bank at schwab and have my Roth there. Also VT is the entire stock market international included. Often the ETFs at like Schwab that say "Total Market" are US only, and you want international diversication in your portfolio.
I'm not 100% sure, but I think if you stick to Robinhood for index funds and stuff, esp if not pumping and dumping, should be pretty safe. you still have some legal protection
I use TD for serious stuff. Thinkorswim is a bit more esoteric than RH but their youtube channel has tutorials and walkthroughs. I use webull for non-serious stuff. TD banks through Schwab and lets you use your account for banking. They'll send you a debit card for it and everything. All free and no minimums or maintenance fees. Commissions on options of course. You can also do IRA stuff through them.
yes https://www.tdameritrade.com/investment-products/cash-solutions/cash-services.html
Robinhood will just change the rules as soon as people like you and me start making gains.
