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A lot of people don’t realize that Robin Hood was never a good investment in the first place.
During times like this, investors get a little bit crazy and buy any stock at any price.
Companies like Robinhood benefit from irresponsible trading behavior where the stock market becomes a big casino.
But now we’re entering into a new era of stock market investing.
This is what I call a grownup’s stock market because it won’t be so easy to find low price stocks like it was during the pandemic.
So I would be extremely careful about investing in Robin Hood stock, because I don’t believe that the last year was indicative of the long-term prospects of this company.
Sincerely,
Dr. Boyce Watkins http://AllBlackEconomics.com source
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