Robinhood stock trading app valued at $1.3B with big raise from DST

Re:Robinhood stock trading app valued at $1.3B with big rais... by astrange on Friday March 31, 2017 @10:16PM (#14010007)

> 1) Build a well diversified portfolio (30+ companies)

This is sensible but Robinhood doesn't have fractional shares (it would cost something if it did), so you're really raising the bar on minimum investments here. If you just bought one Vanguard ETF and did nothing else, that'd be a great plan.

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Re:Robinhood stock trading app valued at $1.3B with big rais... by toomuchtodo on Friday March 31, 2017 @10:54PM (#14010133)

Yeah, but that'd show Robinhood's user base there is no need for the product.

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Re:Robinhood stock trading app valued at $1.3B with big rais... by walshemj on Saturday April 01, 2017 @07:56AM (#14011697)

And TBH if you don't have the finances to be able to hit a $1k minimum buy investing in individual stocks is probably something you should leave for a few years.

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Re:Robinhood stock trading app valued at $1.3B with big rais... by astrange on Monday April 03, 2017 @12:53AM (#14020663)

I agree, but if you're saving you should contribute a little each paycheck and it's nice to do it $50 at a time instead of $1000!

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Re:Robinhood stock trading app valued at $1.3B with big rais... by investorgator on Monday April 03, 2017 @10:14AM (#14022874)

DriveWealth, Motif and Folio offer fractional shares, but they are not free.

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