Robinhood debuts First Trade Recommendations for beginner investors

Robinhood debuts First Trade Recommendations for beginner investors


Image by Robinhood

Robinhood has introduced a new experience geared towards trading noobs, and the company says its personalized stock recommendations could help beginners get a sense of the technical side of trading.

If you’re a new user and haven’t added anything to your Investment Profile, you’ll get the option to choose “Get help with your first investment” from the Investing tab. Robinhood will then present you with a questionnaire that asks what your investment goals are, how long you plan on investing your money, and more.

Based on those answers, Robinhood will recommend a personalized portfolio containing four diverse exchange-traded funds (ETFs), with additional information about each fund and why Robinhood picked it for you. Once you’ve reviewed…

Continue reading…

Source:

This post was originally created on this site & curated for Mamizi members