I’m not convinced their infrastructure is up to speed. I also think their “gamification” packaging, too -quick to approve options and margin accounts, poor trading execution and other areas are problematic and could lead to further SEC and/or FINRA actions. I am not philosophically aligned or in agreement with those practices/flaws. I am all for investor education and getting more retail investors into personal finance, I just think there are better ways than Robinhood, at least based on past and current practices.
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
"While it's clear that Robinhood has a long history of problems, this doesn't seem to be stopping customers from signing up. The number of users has grown exponentially throughout the last five years.
According to FINRA's filings, Robinhood users increased from a meager 500,000 in 2015, up to 31 million as of this month. Of those 31 million accounts, 18 million were funded as of the first quarter of 2021."
NVDA is the gift that keeps giving.
Keep rolling with the entire semiconductor market!
50% move in the last 6 weeks for NVDA. The sector has done very well, but they look like duds compared to NVDA recently.
I'm in on MU and they're down 5% today off an earnings beat.
I know some guys here are like a million times smarter then the traders on cnbc, but I thought there were two great back and forth's today in regards to oil.
One on the half time, and one on fast money.
Maybe T2K can dig up the videos.
One on the half time, and one on fast money.
Maybe T2K can dig up the videos.
I’m not necessarily a CNBC or disciple but I think many people sell them short and misinterpret their content. I enjoy watching Cramer and CNBC in general but don’t take everything they say (or anyone else for that matter) as gospel.
Yes, with a concentration starting with Khouw at around 6:57, then the back and forth between Seymour and Finnerman, and then capped by Khouw again to close out the segment.
Well done I knew you were the man for the job.
The segment in the halftime featured a good discussion between Jenny Harrington and Josh Brown.
Definitely a good chat on energy. I'm in OIH, XLE, VDE, and FCG. OIH continues to underperform expectations so I don't know if it's a dud or if it will play catch-up over the next few months. Oil prices should rise this summer. Regardless, I am watching all of these very closely and will dump as soon as I see weakness.
Because they completely ignored some serious regulations. I haven't read the S-1, but I'm curious what reserves they are keeping for pending litigation.
Time for old people to stop hoarding! LOL.
The one thing the writer fails to remember is that the baby boomers are never going to die, and if they do they are taking their money with them.
Well the millennials would just lose it buying Gamestop at $400 per share to stick it to the man, so it's pretty much the same outcome.
It’s a good thing they are not just a car company. Those numbers certainly don’t match the market cap.
Q2 was big for me. My value plays worked and tech rebounded nicely. YTD my entire portfolio is up 14.92%. Catching back up to the S&P 500 very quickly! 2 of my 7 accounts are 20%+ and only 1 is under 10% (but just barely).
Looking forward to the second half of the year!
Oh, my crypto account is up about 35%. One hell of a wild ride! LOL.
Portfolio up 7.9% YTD but I normally have 50-60% in cash. 15.8% on 50% of invested assets.
I really don’t like to track my percentage and only care that the balance continue to Increase. There’s only so much that next generation should inherit, a couple millions is enough.
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You know, even though we both are doing well YTD, the S&P 500 is winning. All that work for nothing. HA!
That’s right. We think it’s us but it’s only the market. The real test is when the market goes down or is flat. You will have to convert to my method of buying individual quality stocks when they are low and selling when they are high.
My sister, who basically buys and hold, has about the same amount of assets as me. She has a couple of investment advisors assisting her. You just have to be in the market. However, it must have been a big scare for her to lose 30-40% during the 2008 crash. I was basically out at the time. Since she’s over 65, she started to be more conservative in her investing with more cash or bond investment.
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+1
I beat the market nicely in Q2, but got crushed by it in Q1. My 2 accounts that are over 20% YTD are the ones that I play around with the least. LOL!
Set a good strategy and stick with it. If you want to play around with a portion of your money, stick with those high quality stocks.
Lots of good Chinese companies, but watch out for big brother:
Target price is for the general public. Most investors target a particular range and then decide when to exit a trade or stay long.
With the insane run up in TSLA over the past 2 years, a long period of consolidation with several corrections and high volatility is to be expected. AMZN, NFLX all went through the same, although their run up was not as violent as TSLA.
There is no doubt TSLA is the unquestionably leader in EV and has a lead of more than 5-6 years over the competition. Now what they do with this lead will determine the future of TSLA. Most TSLA longs are betting that Musk will do something special with this data that has been collected over the past many years.
Telsa doesn't have an official target set for vehicles sold in 2021. And even if you prove me wrong, Telsa missed by a couple hundred. Big whoop.
It’s only “big whoop” when it comes to Tesla. Most companies would get shredded for consistently coming in light.
Please, no facts to the Telsa Haters in the thread. LOL!