Robinhood



  • Last week I decided to open a Robinhood brokerage account. Currently everything must be done through their smartphone app. They offer free stock trades, but will restrict your account if you do too many day trades.

    I transferred a “huge” total of $25 into the account. I won’t be using it much. A couple days later an offer appeared in my app that I earned one share of stock for opening the account. They claim there’s a 1 in 100 chance the stock will be something like Apple or Microsoft. With my rotten luck, I got one share of Sprint, that’s worth about $5.


 

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