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While this is a great point, the casual segment of the customer base that is being discussed would certainly not have enough awareness of this fact. At the very
by meatbundragon 9y ago
While this is a great point, the casual segment of the customer base that is being discussed would certainly not have enough awareness of this fact. At the very least, I didn't even though I do trade ETFs and large cap stocks casually...
- AFNobody 9y agoI am sorry but "casual investors" should be doing long term buy and hold because if you can't be bothered to spend 30 minutes on research to compare brokerages, I am genuinely horrified at the idea of you doing anything other than buying and holding an index fund. Robinhood's encouragement of the instant gratification, poorly researched trades is going to end badly for many of it's customers when we enter a bear market.
- meatbundragon 9y agoI disagree that investors' abilities to understand stocks and create portfolios should be judged by someone's willingness to find which individual brokerages offer free buy/sell of their own ETFs.