4 Stocks That'll Make Robinhood Investors Richer
This has not been an easy year for many Americans, including Wall Street and retail investors. Even though the benchmark S&P 500 is slightly higher for the year, it's been a tumultuous ride that's included the quickest bear market nosedive in history, as well as the fastest rebound from a bear market bottom of all time. You could rightly say that investors' resolve has been tested like never before.
However, this volatility has also brought short-term traders out of the woodwork.
Online investing app Robinhood, which is best-known for offering commission-free trades and parsing out free shares of stock to new members, has been particularly adept at attracting millennial and/or novice investors. While it's great that young people are putting their money to work in the stock market, many are doing so with the wrong idea that they're going to get rich quick by diving in and out of the market. History shows that this rarely, if ever, ends well.
Source Fool.com
