Become younger Investor Do you control the world? If so, we have identified ways to benefit regardless of your age.
From time to time, it turns out that the story of holding the most valuable nuggets of investment wisdom is not covered by everyone.
For example, this heading intersected my feed:
- “HSBC employs FinTech with UK investment capabilities for young clients.”
It made me think about the future of financial markets.
This month, the British Bank HSBC Holdings (NYSE: HSBC) Announced a new service for young clients interested in investing.
This simple tool in the mobile app allows HSBC customers access to a bucket of ready-made funds that they can invest in from their bank account.
This news doesn’t blow anyone’s socks away. But it speaks to a financial game changer.
Now, with apps like Robin Hood and Coinbase, Anyone You can invest without all the hoops we had to jump over.
With just a few taps on your smartphone, you can own a stake in Tesla, Amazon, or a variety of other assets in seconds.
we I talked about Robin Hood And here a new wave of meme stock traders Money & Market..
Some investors who enter the market through free apps and fee-free trading want more …
Investors will move from Robinhood and HSBC
I love what HSBC is doing here. The client will have an easy way to invest immediately.
On a large scale, Robin Hood’s ease of use has helped grow its customer base in the United States this year to more than 22 million. 10 million of these accounts were created only in the first half of 2021.
But Robin Hood isn’t perfect. Remember GameStop (NYSE: GME) A big mistake? Earlier this year, Robin Hood blocked users from trading GME during large rallies and short squeeze.
As Robin Hood investors learn more about the market and grow their accounts, many will need more.
Millions of beginners gain experience and realize the value of features not available in Robin Hood. For example, access to more complex stock charts, surveys, over-the-counter stocks, mutual funds, bonds and futures.
Alternatively, you may want to avoid the way Robin Hood handles transactions. Its business model relies on routing customer orders through other trading companies rather than the stock exchange.Robin Hood claims the deal is competitive, but its business model is even illegal in the UK
Whatever the reason, investors who started Robin Hood will move on.
A better brokerage firm to buy
Chief Investment Strategist Adam O’Dell is targeting this transition with shares in his No. 1 brokerage firm.
Because he recommended this strain in a special report to him Green Zone Fortune The number of subscribers in July has increased by almost 20%.
And this company hasn’t slowed its growth either!
From 2015 to 2020, when people were just beginning to hear about Robin Hood, Adam’s top securities stocks were achieved Annual growth rate for new accounts is 27%, 23% of transactions processed per day, When 34% of client equity (That is, the amount the client holds in the company).
On top of that, a new wave of investors wanting more from their intermediaries, and the future of this stock looks bright.
To find out how Adam finds a company like his No. 1 brokerage firm Click here to see him Millionaire Market Summit now. Find out how to access this special report on “Market Breaker” stocks today.
What’s more, you’ll receive monthly Adam’s most confident stock surveys and recommendations, weekly updates to your model portfolio, and guidance on when to buy and sell.
Join Green Zone Fortune now!
Editor-in-chief, Money & Market
Robinhood Won’t Be Enough — No. 1 Brokerage Stock for 2022 Source link Robinhood Won’t Be Enough — No. 1 Brokerage Stock for 2022
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