3 Robinhood Stocks You Can Hold Until Retirement
Robinhood, the popular no-commission trading app, has become controversial in recent months.
Critics have accused traders on the app of inflating a volatile market into bubblicious territory, and attracting speculative bets on stocks like Genius Brands that have quickly unraveled. Meanwhile, some researchers have said the app's simplicity makes it too easy for novice investors to take big risks, which can result in ruin.
However, Robinhood has been a positive influence on the investing world in a number of ways. It has democratized trading with it's no-fee commissions, which forced major industry players like ETrade and Charles Schwab to follow, and it's attracted thousands, if not millions, of millennial investors into the market, helping them build wealth from an early age.
Source Fool.com