Aug 8, 2020
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For a lot of people, the idea of investing is intimidating. After all, you need to drop thousands of dollars if you want to buy stocks that anybody has heard of, right?
Wrong. Thanks to an app called Robinhood, you can invest in companies like Google and Tesla no matter how much you’ve got to spare, whether it’s $5 or $5,000.
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Better yet, Robinhood doesn’t charge commissions or trading fees, so every dollar you make on your investments goes directly to you — you’ll never have to give a cut to a broker.
And if you sign up for Robinhood using this special link, you get a free stock.
Easy no-fee investing with Robinhood
Robinhood is super easy to use. Just download the app and fill out an application form to open an account.
Once your application is approved, you can transfer funds to your account and start investing right away.
Robinhood lets you buy and trade stocks, options, exchange-traded funds (ETFs), and even cryptocurrencies, so you’ll be able to invest in whatever you’re into.
They also recently introduced fractional shares, which means you can still own a piece of your favorite company even if it’s out of your price range — Amazon, Disney, and Netflix, to name just a few. Anytime they profit, you’ll profit as well.
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Sign up now and collect your free stock
When you sign up for Robinhood, they’ll automatically put a free stock into your account. It works on a lottery system, so if you’re lucky the stock you get could be for a major company, like Visa, Microsoft, or even Facebook.
You don’t need to have any money in your account to claim your free stock, just download the Robinhood app, sign up, and it’s yours.
Robinhood makes trading stocks easy. So set up an account and start investing today.
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Shane is a reporter for MoneyWise. He holds a bachelor’s degree in English Language & Literature from Western University and is a graduate of the Algonquin College Scriptwriting program.
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