Robinhood debuts First Trade Recommendations for beginner investors

  • Thread starter Thread starter The Verge RSS
  • Start date Start date
T

The Verge RSS

Guest
Author: Emma Roth

robinhood_first_trade_recommendation.0.png

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…

Continue reading...