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Robinhood: A Way To Start Investing in Only 5 Minutes!

Are you ready to get over your fears and start living the best years of your life?

Start investing.

Investing is a way to overcome the limiting beliefs that have kept women from doing the things they are more than capable of doing.  It’s also a way to learn more about money and finance. You’ll be able to pass on this knowledge to your kids and grandkids.

And it’s easier than you think. All you have to do is download the Robinhood app and start shopping for stocks. Use this link and you’ll get to unlock a free stock to start your investing journey in less than 5 minutes!

Robinhood is a Wealthy Woman’s Dream Store

Robinhood is an app-based brokerage account that allows you to buy and sell shares of stock. Sign in and peruse the app to view a wide selection of stocks. If you have no idea which stock you want to buy at the moment, you can add the stock to your watchlist. Your stock watchlist is like your shopping cart. Stocks that have been added to your watchlist can be viewed every time you open your Robinhood app. You can add popular stocks like Apple (AAPL), Facebook (FB), Tesla (TSLA), and Walmart (WMT) to your list to get you started.

The price of the stock changes frequently. If the stock is volatile, you can expect to see multiple price changes throughout the day. If your goal is to buy at the best price, Robinhood’s color-coded technology will allow you to see if you bought at a high or low price for the day.

No Commission Fee When You Shop

Brokerage accounts typically charge you a fee to buy and sell stock. So if you want to buy a share of Apple stock, you have to multiply the number of shares you want times the current price. Then add on the commission fee. Commission fees are normally anywhere between $3.95 – $9.95.

Robinhood eliminates commission fees, giving you the freedom to buy and sell stocks at a cheaper price. Take advantage of free stock trading and have more money on hand to buy more stock.

Start Investing with the Change in Your Purse

You don’t have to be rich to open a Robinhood account and start investing. You can grab the change out of your purse and start investing. It’s really that simple.

The Robinhood app makes investing accessible to everyone. It proves that investing is not just for the rich. Anyone with a cell phone can dive into the markets and grab shares of stock in some of the most desirable publicly-traded companies.

Don’t Be a Foolish Investor

If you have no idea about investing, don’t just invest in stocks that “sound good” or “look appetizing”. Do your research or work with a team of professionals who are ready to give you exclusive research on-demand so that you can build your portfolio. You can also sign-up to receive insights every month through Wealthy Women Income Streams.

Have you used any investing apps? Comment below and let us know your experience.

You can get more information about brokerage accounts and ways to build your portfolio by subscribing to Wealthy Women Daily below.

 
Disclaimer: Wealthy Women Daily is solely education and informational, and is not intended to give investment or trading advice of any kind. Not all asset classes are suitable for all investors. Wealthy Women Daily is a research academy that provides you with the data and analysis you need to make an informed investment decision. 

About Charlene Rhinehart, CPA

Charlene Rhinehart is a Certified Public Accountant, Founder of Wealthy Women Daily, and Editor-in-Chief of the Dividend InvestHer and The Wealthy Woman Investor. Charlene is currently the Chair of the Illinois CPA Society Taxation Individual Committee. With over a decade of experience in the financial services industry, Charlene is one of the few leaders who design insights specifically for the woman investor. Charlene’s work has been featured in a variety of publications including the Huffington Post, Black Enterprise, and the American Institute of Certified Public Accountants. In 2019, Charlene released her book “Dividends Are a Queen’s Best Friend”, on Amazon.

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