If you keep up with financial markets at all, there is no way that you have missed the recent IPO of Robinhood (HOOD). This was a long-awaited IPO that actually underperformed mightily in the first day of trading, but has since become very volatile and exploded in price. This is being traded around like the newest of the meme stocks, and I just want to speak to how we should be viewing such a notable stock given my investment principles. Today, we will discuss:
1. What Robinhood is
2. Why Robinhood's stock is interesting
3. How to stick to our investment principles given Robinhood's stock
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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)