When you sell stock with Robinhood, the stock you bought first is sold first -- period. Since stock prices generally increase over time, the earliest lots are most likely to have the largest amounts of gains, which could force investors to realize more gains and pay more in taxes when placing trades.
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Is Robinhood stock a good investment?
· Looks fine on all of them. When the price rises on Robinhood it's rising on the others, seems to not be a time delay. There are no other stocks I'm not accounting for But what's very weird is that one of the stocks is at 18.35 on in all other places, but on Robinhood it's 18.07... this is for after-market hours at 10:26 pm on a Wednesday
What are the best penny stocks to buy on Robinhood?
Webull is another alternative to Robinhood. I have been using it for more than a month, and some few things I like are The chart - it’s obviously better than Robinhood because of the information it provides. The Alert - which I typically use to get notified when a particular stocks hits a set price.
How does Robinhood Sell Your Stocks?
· Today's Market / Why Is Robinhood (HOOD) Stock Up 22% Today? ... The firm, however, cut its price target on HOOD stock to $13 from $24. Despite today’s rally, shares have tumbled over 40% so far ...
Can you bid for stock price on Robinhood?
I'm holding some shares of IPDN and the price of the stock on Robinhood is currently $0.85 while Nasdaq, Yahoo, and Google show it to be around only $0.80. Why is there a difference in the price? It can't be latency because on all three platforms other than Robinhood, the price of the stock hasn't changed since opening.
What got Robinhood into trouble with the SEC?
What got Robinhood into trouble with the SEC was misleading consumers by not disclosing that customers paid the highest possible prices for the shares they purchased and received the lowest price for those they sold. The company agreed to pay a $65 million fine to settle the charges.
Is Forbes opinion their own?
Opinions expressed by Forbes Contributors are their own.
Does Robinhood invest in bitcoin?
Similarly, Robinhood employs that concept to encourage their customers to trade more frequently and invest in higher-risk investments like bitcoin and options, all of which made the company more money.
Does Robinhood make money?
But they make money somehow. Kahler: Robinhood revolutionized the way small and younger investors can buy and sell stocks, options and cryptocurrency by eliminating minimum purchases and trading fees. The app, with its name implying it takes from the rich and gives to the poor, makes it easy and fun for anyone to invest.
Is free trade a good deal?
Larry Light: Free trades sound like a good deal. Back in the 1970s, sales fees on stock trades were around $50 per share, as I recall. Now they are much lower, depending on whether you use a discount or a full-service broker. But zero fees have a ring to them.
Is Robinhood free to trade?
Online stock trading from the likes of Robinhood is all the rage, especially among younger folks. A big enticement: The trades are free. But maybe this freebie isn’t all it ’s cracked up to be. That’s the argument of Rick Kahler, president of Kahler Financial Group in Rapid City, S. D.
Does Fidelity have zero funds?
Kahler: In contrast, Fidelity recently rolled out four fee-free mutual funds, called ZERO funds. The expense ratio to investors is 0.0%. It will still cost Fidelity between 0.01% and 0.0525% to have the ZERO funds managed. How Fidelity will make money is clearly disclosed: The company hopes investors will also invest in other funds with higher management fees, or place some stock trades at $5 a trade. It will also keep most of the interest on any excess cash left in customer accounts.
Basic Questions About Options
Good Evening everyone. I'm looking to dip my toes into options but have a couple of questions that I need clarity on.
Personal Capital Linking Security
Has anyone else been notified that their Robinhood account was linked to a device other than their own in a location out of their state when linking Robinhood to Personal Capital?
If I withdraw ETH from Robinhood do I still get to claim capital loss?
I bought some ETH at $4700 and now that robinhood allows users to withdraw their ethereum but I’m wondering since I’m at a loss with the ETH I bought so when I withdraw does it count as a sell? How will robinhood calculate my tax when I bought ETH at $4700 but withdrew it at let’s say $2900?
What happens when the share price exceeds your strike price? Do I lose premium AND 100 shares?
I've watched countless videos and am still a little confused on the risk of a CC
