What is the Robinhood free stock promo?
As you may or may not know, Robinhood is a popular commission free stock trading app, which has recently integrated features for investing cryptocurrency.
How the Robinhood free stock promo works
The value of the Robinhood free stock promo depends on the value of the share of free stock your receive. The value of your free share may range from $2.50 all the way up to $200! Most new users report receiving free shares from the Robinhood free stock promo valued at $10 or less – but the best part is, there is no catch.
How to claim free stock on Robinhood
Ok, so you decided you’re ready to take advantage of the Robinhood free stock promo, but now you need to know how to claim free stock on Robinhood and take advantage of the promo offer.
Robinhood free stock not working?
Is your Robinhood free stock not working? First of all, DO NOT PANIC! Most people, when they login to for the first time to claim their Robinhood free stock promo, they visit the “free stock” section of the menu and don’t find anything there waiting for them, which leads them to believe their Robinhood free is stock not working or wasn’t ever issued.
How to get a Robinhood referral bonus (Additional free stock!)
Is one free stock enough to satisfy you, or are you like us and want even more free shares?! Well, if you’re like us, then you’re also in luck, because you can take advantage of the Robinhood referral bonus! All you have to do is refer your friends, family, or anyone who doesn’t already have a Robinhood account using your own personalized Robinhood referral link.
How to find your Robinhood referral code or referral link
There appears to be some confusion around the internet as to whether there is a Robinhood referral code or Robinhood referral link, or both. To be clear, there is no such thing as a Robinhood referral code, but every member does a custom Robinhood referral link.
What is Robinhood Gold?
With Robinhood Gold, those who upgrade can invest up to double their cash. They also get access to “after-hours” trading. In short, Robinhood Gold is similar to a margin account. A margin account allows you to borrow money to invest.
What is the best way to get your feet wet?
Starting to invest in the stock market is the best thing you can do to start building wealth. Robinhood is the best way for you to get your feet wet!
Is Robinhood free to trade?
Free stuff is great, but surely you want to hear more about Robinhood before you sign-up…. …Robinhood is a free-trading app that allows you to trade stocks without paying commissions. Instead of throwing $8 to your brokerage per transaction, you can trade 100% free of charge.
Does Robinhood charge commission?
Best of all, since Robinhood does NOT charge a commission, if you don't like the stocks you are getting for free, just sell them and buy what you want. You should definitely take advantage of this Robinhood Free Stock Giveaway!
What is trading day?
A “trading day” is a day when the market is open. The market is typically open Monday - Friday, depending on the holiday schedule. Understand this if you are looking to sell your free share immediately. Your sell order will have to wait at least two of these days.
Can you invite friends to Robinhood?
No. Robinhood only allows one account to be opened per person to restrict abuse of their free stock promotion. However, you can invite friends and each of you will get a free stock when you do this. By referring friends, you can earn up to an additional $500 in free stock! Not to mention, that $500 limit resets every year.
But for some investors, it might actually be worth it
John has found investing to be more interesting and profitable than collectible trading card games. He seeks growth and value stocks in the U.S., in Germany, and beyond!
Free is free
Robinhood is a pioneer of offering free stuff to investors. It was one of the first brokerages to offer commission-free trading in 2013. Now it's offering "free stock" (well, one free share of stock) to new account holders.
Random isn't random
Microsoft, Visa, and Johnson & Johnson are great companies. When I signed up for my Robinhood account, Johnson & Johnson's shares were trading just under $150/share, and Microsoft and Visa were at about $200/share.
Something isn't nothing
As you probably guessed, I didn't get a $200 share of Visa. Instead, I'm now the proud owner of a share of Helix Energy Solutions Group ( NYSE:HLX). I had to laugh, because Helix is an oilfield services company, an underperforming sector I've been saying investors should avoid. Lucky me!
Nothing isn't something
Robinhood isn't alone in advertising a too-good-to-be-true perk for signing up. Brokers Merrill Lynch and TradeStation both advertise cash rewards for new accounts, of "up to $600" and "up to $5,000," respectively. That sounds much better than a lousy $3.60 share of stock!
The deal isn't bad
Earning 3.6% in two days is better than earning 0.5% in 90 days (Merrill) or 1% in 270 days (TradeStation). And it's certainly better than earning nothing because you don't have thousands of dollars to invest.
Biggest noob question: Any site recommendations for learning?
I decided to play around with Robinhood because I'm bored. I put about $500 into random stocks, but have no idea what any of this means. Does anyone have a suggestion for sites that are simple to understand?
How are ETF expense ratios paid for on Robinhood?
I’ve never noticed any deduction from a statement from them. Does RH cover these fees?
Beginning Indicators for charting
Trading involves technical analysis, reading the charts and what each candlestick means and the shapes and indicators involved. One of my favorite and very useful tools for charting not on the brokerage platform is tradingview.
Sony now owns both Crunchyroll and Funimation
Sony now owns both Crunchyroll and Funimation. The company's Sony Pictures division completed the $1.175 billion acquisition on Monday. And with the deal now closed, Sony Pictures CEO Tony Vinciquerra said the company's goal is to "create a unified anime subscription experience as soon as possible."
Most Anticipated Earnings Releases for the week beginning March 22, 2021
As long as my stock value stays above the Margin maintenance and I can pay the monthly interest, trading on Margin is relatively safe?
Closing and Opening CC Same Day
So I closed out a Covered Call (CC) by buying it back. My understanding is that the 100 shares of the stock are released and now free to be used to open another CC but when I went to open another CC I received the pop up alert stating I can't because of margin requirements. FYI, I do not use margin (not a Gold account).
