Ask Terry Questions Robin Hood Investment Company

Robin Hood Investment Company

By Terry Savage on July 12, 2020 | Wild Card

Is Robin Hood a good investment company?

Terry Says

Robinhood is a a tech based financial services company that led the way in offering zero-cost stock trading — causing other firms to follow.
It recently had some bad publicity — first from its trading platform which did not peform well in the huge market movements of March, and then from the fact that one young man who used its platform committed suicide after mistakenly thinking he had lost all his money and owed a small fortune. But that’s like blaming fast cars when young people drive them without any knowledge of how speed kills.

Go online and read the reviews of Robinhood’s technology and offerings if you want to do a comparison with other firms, including Schwab and eTrade.



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