The Allure of Investing Apps Like Robinhood and Their Impact on Investing, Ep #42

Capitalist Investor

Capitalist Investor
The Allure of Investing Apps Like Robinhood and Their Impact on Investing, Ep #42
Sep 23, 2020 Episode 42

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Apps like Robinhood, Acorns, and Stash have disrupted the investment industry. When Robinhood launched a zero cost-per-trade platform, it forced the big three (TD Ameritrade, Schwab, and Fidelity) to follow suit. But these trading apps are doing more than just impacting trade costs. How are the trading apps impacting and changing the game of investing? Is it for better—or worse? Listen to this episode of The Capitalist Investor to hear our take.

Outline of This Episode

  • [0:46] Keeping the app theme going: investments apps
  • [4:16] Robinhood has been all the rage
  • [17:08] Where Acorns fits into the game
  • [20:52] Think or Swim, TD Ameritrade, E-Trade, & Fidelity
  • [23:23] Key takeaway: investing is NOT a game

Resources & People Mentioned

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