Robinhood 52week low. Can I invest 10k usd expecting for 10x potential over 5 yrs with target price $90. #tech #robinhood #investment #techstocks
Better put that money into $MSFT for 2x return over the next 5 years.
Bhai, HOOD is done. They have nothing that truly differentiates them anymore. Everyone is offering zero commission products and they are now just another trading platform. They'll stay in this area, but chance of 10x is very very less. But money into VOO and stop looking for 10x returns.
If you want to be that risky put 10k into tesla instead while its under $900
What makes you think Robinhood will 10x?
Once market improves and people start trading more., Hood may recover back to 25-30 level in 1-2 years… then some big fish will buy out Hood
Do you think stocks randomly 10x?
10x may be difficult as they will probably get bought soon
HOOD's business model is to get young people trading a lot. I've no idea how that business model is effective long term. The more experienced an investor gets, the vast majority realize that active trading is a losing strategy or for the few that are successful they'll need more powerful tools that can't fit on a phone screen. In both cases, when people get older, they're dealing with tens/hundreds of thousands or millions of dollars worth of personal assets, and you don't want customer service that's unreachable and things like random trading bans. Once you've graduated from phone trading, you've got tons of reputable brokerages like Fidelity, Schwab, TD Ameritrade, E-Trade, Merrill Edge, all with 0 commissions and good to great customer service.
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U can just press the bell icon