Glued to the Robinhood App? Why That Hurts Gains

Robinhood makes it really easy to trade, but is that a good thing?

Glued to the Robinhood App? Why That Hurts Gains Charles Sizemore, Editor, Green Zone Fortunes Robinhood — the stockbroker that drove stock commissions to zero — is going public. It’s somewhat ironic that you will soon be able to buy and sell shares of the company responsible for breaking the Wall Street model. But that is the case, and it has some implications for all of us as investors. Robinhood owes its popularity to its user-friendly design. And the company deserves credit for that. Almost 9 million Robinhood users are on the app daily. These users are checking their accounts seven times per day on average. Talk about engagement! But more trading is not always better trading. In fact, it’s almost always worse. P.S. My colleague and chief investment strategist Adam O’Dell is known as one of the best stock-pickers and investment analysts in the world. He’s spotted three market catalysts that could send the market to brand new heights … catalysts that will help “mint more new millionaires in the next 12 months than in the last 15 years.” To find out more about these events, and learn about Adam’s No. 1 “market breaker” stock of 2021, click here for the details in Adam’s Millionaire Market Summit. Suggested Stories: Follow Your Gut? No Way! Play “Moneyball” With Stocks Midyear Financial Report Card: One Tip to Win in 2021 FROM OUR PARTNERS 25-Year-Old Prodigy Reveals Secret to Soaring Stocks "Old school" folks might be skeptical of listening to financial advice from someone half their age, but this stock whiz beat out 15,000 experts to claim No. 1 title.  See his next big recommendation right here, for FREE. Marijuana Market Update Reader Response: Village Farms Stock Analysis Matt Clark, Research Analyst This week, I answer a reader question about Village Farms International, a Canadian company known for producing greenhouse-grown vegetables. Its subsidiary, Pure Sunfarms, has now developed into a significant player in the Canadian cannabis market — specifically in British Columbia. In today’s Marijuana Market Update, I tell you whether it’s a good time to buy VFF. Suggested Stories: A Pipeline to Dividend Growth — Buy ONEOK's 6.5% Yield Now Tragedy Spurs Action: 3 Ways to Shore Up Your Financial Risk FROM OUR PARTNERS Ex-CIA Insider Has a Stark Warning About Biden's "Recovery" It gives me no pleasure to give you this stark warning ... but I have to do it nonetheless. Anything else would be grossly irresponsible... Put simply, Joe Biden's widely touted post-pandemic "bailout" is doomed. In fact, I've uncovered three ticking financial time bombs that could derail America's "recovery."  You can find my full message about these grave warning signs here. Chart of the Day Michael Carr, CMT Lenders Set Up the Next Debt Crisis History shows that credit market crises all start the same way. Lenders loosen their standards and increase risk. The subprime mortgage crisis that led to the Great Recession in 2008 is a recent example. Banks and other lenders ignored risks because they assumed home prices always went up. This meant anyone qualified for a mortgage, and that led to disaster. We are in the early days of the next crisis. Lenders have lowered standards for auto loans as demand for the loans increases. (See chart below.) Let’s take a look at the numbers. Suggested Stories: Seasonals Highlight a Bullish Opportunity for QQQ in July Earnings Season to Be Better Than Ever 1872: John Blondel patented the donut cutter.  Privacy Policy The Money & Markets, P.O. 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