3 ms·
I don't quite understand the appeal of investing via phone app. Investing my life savings (any any amount really) is one of the few things I would absolutely no
by Gunax 7y ago
I don't quite understand the appeal of investing via phone app. Investing my life savings (any any amount really) is one of the few things I would absolutely not want to do on a phone touchscreen.
When I heard of Robinhood I thought it would fail for sure... I guess that shows how much I can predict startup success.
- desine 7y agoI don't see how the phone format is so much worse? To be honest, most of my recent investments have been limit orders submitted from the can. Of course by that point I've already done a lot of research on a desktop computer, but if I get a price movement alert I'm double checking for recent news (often with a twitter cross reference) and submitting an order as fast as I can... which often means using the closest device, which more often than not is my phone
- bransonf 7y agoI don’t use Robinhood anymore, but it’s definitely had an effect on retail brokerages. Foremost, it has attracted a younger crowd than most other brokerages have been able to. The $0 commission is now pretty universal, and most brokerages are pushing better mobile apps. I don’t really trade from my phone, but you have to admit it’s convenient for when you’re not always near a desktop.