Presented in partnership with Robinhood…
Stand up if you want more money. OK, you’re probably all out of your seats right now.
Now, while you’re out of your seat, raise your hand if you actually know how to make more money while doing very little effort. Chances are less people have their hands touching sky right now, huh? That’s because, for whatever reason, many young people think that the only way of making money is by being gritty and going to work — but it can be the other way around, you just need to know where to look.
So what’s the best way of making more cash without tons of effort? Have your money go to work for you — which is possible with an investing app like Robinhood.
There’s a good chance you’ve heard of Robinhood, but there’s a better chance you have no idea how it can help expand your wealth. If that’s the case, no worries, because we’re here to explain how the investment app can make your money go into overdrive for you; despite a constantly fluctuating market.
Both investing beginners and pros love Robinhood because it doesn’t charge commission fees, and you can buy and sell all stocks for free without any limits. And because it’s super to use, you can seamlessly figure out what stocks you want to keep and which ones you want to sell.
Plus, you don’t need thousands of dollars to see an impact on your bottom line, with Robinhood allowing members free stocks, meaning you can get started with $5, $100, $500 or more to spare. Take a look below at a few other details to note.
- Break Free from Commission Fees. Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial. The same goes for buying and selling cryptocurrencies with Robinhood Crypto. Zero commission fees.
- Introducing Fractional Shares. Invest in thousands of stocks with as little as $1.
- Invest Any Amount. Choose how much you want to invest, and we’ll convert from dollars to parts of a whole share.
- Build a Balanced Portfolio. Customize your portfolio with pieces of different companies and funds to help reduce risk.
- Trade in Real Time. Investing in fractional shares is real-time and, as always, commission-free.
Since you can manage your portfolio from your phone, Robinhood gives you everything you need to manage assets all in one place from a single app. Told you your money will do all the work!
With Robinhood‘s investing app, some new investors are setting themselves up for long-term financial success. Even those who can’t invest tons of money, a mere $50 per month brings plenty of options, allowing you to get your feet wet as you start trading, and making your money work for you.
Plus, when downloading the Robinhood app and funding your account — which only takes a few minutes — you immediately get a share of a free stock into your account, which can be worth anywhere from $5 to $500; which is a nice boost to get your investments build some wealth.
The BroBible team writes about gear that we think you want. Occasionally, we write about items that are a part of one of our affiliate partnerships and we will get a percentage of the revenue from sales.