The 5 Worst Stocks Robinhood Investors Love
Investing in 2020 should really come with a set of instructions. We've watched the benchmark S&P 500 get throttled to the tune of a 34% loss in less than five weeks, then subsequently regain everything back in under five months. In a six-month stretch, Wall Street has crammed in about a decade's worth of volatility.
For long-term investors, this volatility is actually welcome. That's because it's allowed patient investors to buy into high-quality stocks at a perceived bargain.
But these wild vacillations in the market have also encouraged short-term traders and get-rich-quick enthusiasts to come out of the woodwork. This trend has been especially noticeable with online investing app Robinhood. The average age of the platform's millions of members is only 31, and a significant number of its members appear to be new to investing.
Source Fool.com
