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Robinhood promises "investing for all," but what they deliver is a lot more gambling than investing. Robinhood pushes their customer base - most of whom are new investors - towards risky products like crypto and options contracts. That's because they make most of their transaction revenue from these offerings. A respectable firm should act in the best interest of their customers. Robinhood, on the other hand, says one thing and does the other. That's why we'd never invest in HOOD stock. But, is Robinhood safe? Let's find out.
Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/1uwpnsM5AL4.
By Nanalyze3.5
44 ratings
Robinhood promises "investing for all," but what they deliver is a lot more gambling than investing. Robinhood pushes their customer base - most of whom are new investors - towards risky products like crypto and options contracts. That's because they make most of their transaction revenue from these offerings. A respectable firm should act in the best interest of their customers. Robinhood, on the other hand, says one thing and does the other. That's why we'd never invest in HOOD stock. But, is Robinhood safe? Let's find out.
Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/1uwpnsM5AL4.

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