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A comment on Robinhood Is Set to Raise at Least $200 Million in New Funding. Parent comment

Re:Robinhood Is Set to Raise at Least $200 Million in New Fu... by novok on Friday May 24, 2019 @06:23PM (#20005828)
They could make a fixed fee robo-advisor service for example, and start competing with businesses like wealthfront.
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Re:Robinhood Is Set to Raise at Least $200 Million in New Fu... by ackbar03 on Friday May 24, 2019 @10:15PM (#20006713)
Personally I think this whole robo adviser thing is just bs. It's a marketing gimmick at best, not much real value
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Re:Robinhood Is Set to Raise at Least $200 Million in New Fu... by novok on Saturday May 25, 2019 @12:35PM (#20009907)
Automatic rebalancing of a custom portfolio is a value. I wouldn’t bother otherwise myself. Tax loss harvesting gives you a tax deduction also.
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Re:Robinhood Is Set to Raise at Least $200 Million in New Fu... by astura on Friday May 24, 2019 @11:11PM (#20006889)
This is what Acorns is
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