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Alex Ovanisian
Member Since: 5/16/2018
   

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Excellent Stock Investing Platform with Free Stock! - Robinhood

Published on 5/16/2018
For additional information  Click Here

Wanted to share an awesome stock investing platform with everyone here. Are you someone who's never invested and who wants to start investing? A very easy platform for beginning investors is a Phone and Web App called Robinhood.

 

The costs are free monthly and no commisions per trade, minimum account investment is only $1! Not only this, but if you use my referral link, we both will get a free stock worth $1-$500 in their platform.

 

There are two basic methods/strategies to investing in stocks. High Risk Short Term investing, this method is mainly buying low and selling high. I'd recommend working with stock which are more stable with their highs and lows, for example CHD (Church Dwight, Co Inc.), KO (Coca Cola), etc. Something stable which you can measure the lows and highs. Obviously this is just basic info, so I won't go into details on this aspect.

If done properly, you can get quite a large profit. I advise you to look much deeper into this and research all companies you invest in thoroughly before attempting.

 

Another strategy is Low Risk Long Term investing, this entails looking at companies that have predictable dividend histories. In this case, you should look into the best dividend stocks that have had consistent payouts and growth. Another aspect of this is just growth, which is grabbing non-dividend yielding stocks that are very low and early stages of business and holding them for several years until they are successful.

 

If done properly, this will work a lot better than a savings account. As previously stated, I advise you to look much deeper into this and research all companies you invest in thoroughly before attempting.

 

Robinhood also allows more advanced stock investing methods such as Option investing as well as investing in Cryptocurrencies including Bitcoins. Their Option Investing only allows buy/sell and call/put, so it is limited currently for those who are well versed Options investors. Cryptocurrency investing is a fairly new option and currently only have a few currencies available. Cryptocurrencies are different, in that you don't have to purchase a single "BTC" for example, you can purchase fractions, while normal stocks cannot be purchased in fractions.

 

I believe all investors should have a go with Robinhood, it is a very cost-effective investing platform.

Remember to use my link so we both get a free stock from Robinhood: my link

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