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Message
Robinhood app
Posted on 12/13/14 at 12:53 am
Posted on 12/13/14 at 12:53 am
First off: I finally decided to make an account today after being a long time reader of the money talk board and the rant.
I'm wondering what yalls thoughts are on the zero commission stock trading Robinhood app? It launched this week and has almost a 500,000 person wait list to receive an invitation to use the app. I'm not exactly close to the top of the list (400K people ahead of me) so who knows when I'll get the invitation. Has anyone made it to the top of the wait list and received an invitation yet? Is it worth the wait?
For those of you who haven't put your email on the wait list yet, supposedly if you use this link to do so you can bump me up a few spots on the list! LINK
I'm wondering what yalls thoughts are on the zero commission stock trading Robinhood app? It launched this week and has almost a 500,000 person wait list to receive an invitation to use the app. I'm not exactly close to the top of the list (400K people ahead of me) so who knows when I'll get the invitation. Has anyone made it to the top of the wait list and received an invitation yet? Is it worth the wait?
For those of you who haven't put your email on the wait list yet, supposedly if you use this link to do so you can bump me up a few spots on the list! LINK
9
Posted on 12/13/14 at 1:47 am to Ari_Gold
A couple days ago I was around 40k in line. Now, I have just under 14k in front of me. I didn't get anyone to bump me either. At this rate, I'll let you know next week.
Posted on 12/13/14 at 9:23 am to nolatiger711
I'm suuuuuuure you guys have no vested interest in advertising this app.
Posted on 12/13/14 at 9:25 am to GFunk
quote:yeah....
5 posts
Posted on 12/13/14 at 9:42 am to Ari_Gold
Got my official invite last week. Transferred 3k into the account straight from checking account to play around with. Easy set up all done within 5 mins on phone while waiting at the airport.
Have not made any trades yet.
Have not made any trades yet.
Posted on 12/13/14 at 9:43 am to GFunk
There are more than half a million people waiting in line to use this app. I assure you they have no reason to be here advertising
Posted on 12/13/14 at 9:46 am to bayoubengals88
quote:Next I'm going to start promoting a random penny stock for my pump and dump!
5 posts
Really just a coincidence guys... I'm a grad student at LSU, been reading TD since freshmen year. Just finally decided to make an account this week to procrastinate studying for finals (finished this morning).Posted on 12/13/14 at 9:49 am to LSUregit
quote:
Got my official invite last week. Transferred 3k into the account straight from checking account to play around with. Easy set up all done within 5 mins on phone while waiting at the airport.
That's exactly what I think I'm going to do with the app once I finally get in. I don't see it replacing my ETrade account.
Posted on 12/13/14 at 9:49 am to Ari_Gold
quote:
Ari_Gold
Posted on 12/13/14 at 10:11 am to I Love Bama
quote:
There are more than half a million people waiting in line to use this app. I assure you they have no reason to be here advertising
Maybe so, but the URL in the OP's link is robinhood.com/?ref=3eRnbY
Of course, you can get there via robinhood.com without the reference.
Posted on 12/13/14 at 10:28 am to foshizzle
quote:
Maybe so, but the URL in the OP's link is robinhood.com/?ref=3eRnbY
Of course, you can get there via robinhood.com without the reference.
Very investigative of you. I said right before the link that if you used the link to join the wait list it will supposedly bump me up on the wait list. I really just wanted to know if anyone was using the app yet and if it has lived up to the hype.
This post was edited on 12/13/14 at 10:31 am
Posted on 12/13/14 at 10:37 am to Ari_Gold
Welcome to Money Talk.
fwiw I don't care if you were advertising or not...This app has been anticipated by many for quite some time.
edit: What are you studying?
fwiw I don't care if you were advertising or not...This app has been anticipated by many for quite some time.
edit: What are you studying?
This post was edited on 12/13/14 at 10:38 am
Posted on 12/13/14 at 10:46 am to bayoubengals88
quote:Accounting. Getting my 150hrs for CPA.
What are you studying?
Posted on 12/13/14 at 11:07 am to Ari_Gold
How do they make money without trade fees?
Posted on 12/13/14 at 12:10 pm to 704Reb
Posted on 12/13/14 at 12:12 pm to 704Reb
quote:
Robinhood charges interest for margin trading and collects interest on cash balances.
Robinhood is well-funded by notable investors such as Index Ventures, Ribbit Capital, Google Ventures, Andreessen Horowitz, Social Leverage, and many others, which affords us the freedom to focus on building a wonderful brokerage experience rather than short-term profits.
According to the FAQ page on their website.
Posted on 12/13/14 at 12:55 pm to Ari_Gold
Only 265k in front of me
Posted on 12/13/14 at 1:29 pm to Ari_Gold
I got two invites.
Posted on 12/13/14 at 3:01 pm to C
quote:Well hook me up!
I got two invites.
Posted on 12/13/14 at 3:27 pm to Ari_Gold
Just bumped you up, I don't really trade at all but figured I could play around with a few bucks.
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