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This is a big part of it, which true some people get burned and lose money. But that doesn't mean they shouldn't do it. In fact, I'd argue it's slightly healthy
by SnowingXIV 8y ago
This is a big part of it, which true some people get burned and lose money. But that doesn't mean they shouldn't do it. In fact, I'd argue it's slightly healthy to have a little bit of skin in the game to understand how these things work. If you're into numbers, it's nothing more than a game or say fantasy football and you can cheer for your favorite players (companies).
Robinhood presents a nice way of making it easy to get into the stock market with a pretty interface and without going through a cumbersome broker and paying fees for things you don't understand. Do seek professional help if you are looking for 401k and retirement guidance.
If anything, RH is sophisticated gambling.