Great tool for managing traditional and crypto purchases
Rating: 10 out of 10
IncentivizedUse Cases and Deployment Scope
I use robinhood to manage personal investments outside of my main retirement/401K.
Pros
- Easy for a novice to use
- Ability to purchase partial shares
- High yield savings for uninvested funds
- Gold Membership perks
Likelihood to Recommend
robinhood has been great for me as a first time investor using "play money" outside of my main 401K and retirement. It has options for purchasing partial shares, which means you don't have to purchase a full, even share in order to invest. I love to option to buy and sell crypto so easily. Crypto prices move quickly. I can set alerts when I want to get in and for when I want to get out. The availability of index funds also balance it well. I like reading the articles and morningstar ratings that provide direction on market sentiment, fair value and quick earnings results.
Vetted Review
3 years of experience