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A comment on Robinhood raises $323M at a $7.6B valuation. Parent comment

Re:Robinhood raises $323M at a $7.6B valuation by levosmetalo on Monday July 22, 2019 @02:32PM (#20500834)
Care to elaborate? I was under the impression that Indexes are treated the same way as stocks.
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Re:Robinhood raises $323M at a $7.6B valuation by QuackingJimbo on Monday July 22, 2019 @02:37PM (#20500895)
Amateur investors are best off buying indexes and holding forever. Robinhood entices them to trade in and out of individual stocks (or worse).
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Re:Robinhood raises $323M at a $7.6B valuation by mrep on Monday July 22, 2019 @03:17PM (#20501330)
> Amateur investors are best off buying indexes and holding forever.

And you can do so on robinhood by buying ETFs while potentially saving money on transaction fees if you were to use a traditional brokerage (I say potentially because vanguard lets me buy their etfs without a transaction fee when I use their brokerage account).

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