Online brokerage app Robinhood ushered in the complete democratization of investing. More so than the deep discounters that came before, and with more than its share of hiccups along the way, the no-fee platform has made the stock market accessible to millennials who might not otherwise have put money into the market.
Not everyone is always taking away the right message, though. The very accessibility Robinhood offers often allows traders to view the stock market as one big casino, where they can place real-time bets on which meme stock will rally today rather than as a way to buy into U.S. businesses and the American economy.
Image source: Robinhood.
Source Fool.com