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An index fund from Vanguard takes advantage of the market soaring just as well as anything Robinhood provides. Robinhood encourages active trading, which is al
by TheCoelacanth 6y ago
An index fund from Vanguard takes advantage of the market soaring just as well as anything Robinhood provides.
Robinhood encourages active trading, which is almost always a bad bet for small traders.
Robinhood also provides access to much riskier things like trading on margin.
- kjksf 6y agoYou can invest in Vanguard ETFs on Robinhood. Except, you know, easier and faster than via vanguard.com Literally every brokerage allows trading on margin because they all make more money that way (via interest fees). Banks flood people with credit card offers (instant, unsecured $10k loan) and allow you to irresponsibly borrow against your mortgage. How are those other companies any different than Robinhood?
- zajd 6y ago> Banks flood people with credit card offers (instant, unsecured $10k loan) and allow you to irresponsibly borrow against your mortgage. This is also unethical and not ok
- logicslave 6y agoIt really doesnt, and wish people would stop saying this. Vanguard ETFs include all sorts of companies that are basically zombie companies. Buy buying their products, you are subsidizing terrible companies.
- loco5niner 6y agoIf I knew how to pick the good companies from the zombies, I'd already be retired.