I agree Robinhood is better than the incumbents in multiple ways. But at some time, other startups offer similar benefits while promoting an approach that is more likely to help the average person increase their wealth in the long term.
I don't think Robinhood is terrible. I just think someone who doesn't know what they're doing would be better off starting with Betterment or Acorns, which are just as user friendly as Robinhood.
I don't think Robinhood is terrible. I just think someone who doesn't know what they're doing would be better off starting with Betterment or Acorns, which are just as user friendly as Robinhood.