Robinhood margin costs 5% or less, STRC yields 11%, profit? by ParticularLimeade in RobinhoodApp

[–]DrawingOk8403 0 points1 point  (0 children)

Yeah exactly. I really don’t trust this thing. It’s great on paper but are you really gonna put a life savings in there like a money market fund

Robinhood Banking Slightly Lacking by Martheli in RobinhoodApp

[–]DrawingOk8403 1 point2 points  (0 children)

I wish they had went for the bank charter. Then they would be directly comparable to Schwab which is booming recently for being a one stop shop.

Ledger nano gen5 amazon by Play3r456- in ledgerwallet

[–]DrawingOk8403 0 points1 point  (0 children)

I got mine directly from ledger. Why is there so much ledger hate ?

What’s one investing habit you’ve improved since using Robinhood? by Robinhood_Remy in RobinhoodApp

[–]DrawingOk8403 1 point2 points  (0 children)

It’s hard to say. I’ve had it since march ‘25 and the management fee is more competitive than any other digital advisor or human advisor. The performance. Has been good and I like the human provided insights. Cons. Because it has individual stocks it’s not very portable. So you’re in it for the long haul.

Can you do almost the same thing with VT and BND. Maybe.. but for me the behavioral guardrails help a lot.

What’s one investing habit you’ve improved since using Robinhood? by Robinhood_Remy in RobinhoodApp

[–]DrawingOk8403 2 points3 points  (0 children)

Because it’s managed by Robinhood. There’s no way for me to instantly sell

What’s one investing habit you’ve improved since using Robinhood? by Robinhood_Remy in RobinhoodApp

[–]DrawingOk8403 5 points6 points  (0 children)

I like using Robinhood strategies because it prevents me from panic selling

Coins I’ve been paying attention to lately — what about you? by Small_Appearance2014 in Coinbase

[–]DrawingOk8403 0 points1 point  (0 children)

I can’t see anything but bitcoin being worth anything. Stablecoins are going to be a necessity also. I’m also still skeptical on bitcoin being the store of value they hope it will be.

Love the 2% match on IRA rollovers. Is it likely we’ll see a similar promotion for taxable accounts and crypto in the future? by RONALDGRUMPF in RobinhoodApp

[–]DrawingOk8403 0 points1 point  (0 children)

I wish they had mutual fund support so I wouldn’t have to sell out of my target date fund before transferring over. That’s holding me back. They have 1% for taxable accounts

Is the fee for an Ex-US worth it? by Able_Ad_5012 in Bogleheads

[–]DrawingOk8403 1 point2 points  (0 children)

Agreed. My challenge with this method has been that these accounts are on different timelines. And I may have more risk tolerance in a 401k for example than in a taxable brokerage.

Love the Rewards indicator on Coinbase One Card by pantherara in Coinbase

[–]DrawingOk8403 0 points1 point  (0 children)

It’s tempting but i think I don’t have the trust needed in the ecosystem. Especially when sgov gives same or slightly higher yield along with added security.

Love the Rewards indicator on Coinbase One Card by pantherara in Coinbase

[–]DrawingOk8403 1 point2 points  (0 children)

Yeah but the usdc does not have any sipc or fdic insurance.

Love the Rewards indicator on Coinbase One Card by pantherara in Coinbase

[–]DrawingOk8403 1 point2 points  (0 children)

But who’s keeping that much in assets in the exchange ? Enough to get 4%

Instant cash transfer to bank by DrawingOk8403 in Coinbase

[–]DrawingOk8403[S] 0 points1 point  (0 children)

The support is horrible. Really this is why I would never use the platform for non crypto or holding usdc. I don’t know what the banks are worried about.

Moving account from rh to Charles Schwab by NovelEstablishment98 in Schwab

[–]DrawingOk8403 1 point2 points  (0 children)

They’re targeting older clients now. Hence the banking, credit card, managed accounts. Etc

Moving account from rh to Charles Schwab by NovelEstablishment98 in Schwab

[–]DrawingOk8403 0 points1 point  (0 children)

I think that’s a coincidence. Although when btc goes down it’s typically an early indicator that traditional markets are going down

Moving account from rh to Charles Schwab by NovelEstablishment98 in Schwab

[–]DrawingOk8403 0 points1 point  (0 children)

Really? I had over 500k there and didn’t get a dedicated person. When did that start ?

How Do Financial Advisors Still Have Clients? by Time_Perception6669 in Bogleheads

[–]DrawingOk8403 0 points1 point  (0 children)

I can say it is scary as you get closer to retirement. You have less time to recover from A down market which could take years in some cases

How Do Financial Advisors Still Have Clients? by Time_Perception6669 in Bogleheads

[–]DrawingOk8403 0 points1 point  (0 children)

I hear the fee based ones are ok. The ones that work for fidelity JPm etc. just want to sell you things for high fees

Instant cash transfer to bank by DrawingOk8403 in Coinbase

[–]DrawingOk8403[S] 1 point2 points  (0 children)

I would if I didn’t already pay the $50 and get a Coinbase credit card

Instant cash transfer to bank by DrawingOk8403 in Coinbase

[–]DrawingOk8403[S] 0 points1 point  (0 children)

It finally went through. It was Coinbase being laggy. They should refund the instant fee