Is Robinhood a Scam?

When an investment app advertises free stock trades, it is normal to be suspicious. After all, most people have been groomed to assume that if something sounds too good to be true, it is probably a scam. As a result, many wonder whether Robinhood, the commission-free online broker is legit. Here’s what you need to know.What is Robinhood? Robinhood is an investment app and online brokerage firm. The app launched in December 2014 and initially had a waiting list of more than half a million Read more [...]

Is FAANG Losing Its Luster?

In August 2018, Apple hit the $1 trillion market cap mark for the first time. Then, in September, Amazon reached the milestone too. It seemed like high-growth tech stocks were taking the world by storm. However, things shifted during 2018’s third quarter. The NYSE FANG+ index has fallen by 12 percent since mid-September, and many are wondering if FAANG is losing its luster.What Are FAANG Stocks? FAANG is an acronym that refers to five high-performing and popular tech stocks. Facebook, Read more [...]

Is the Cannabis Stock High Times a Good Investment?

High Times (HITM) is one of the most recognizable names in the cannabis space. The monthly print magazine has been in publication since 1974, so the brand has had some staying power. However, longevity doesn’t mean there isn’t risk. Is the Cannabis Stock High Times a Good Investment? The High Times IPO has garnered a significant amount of attention, a reflection of the level of brand recognition the company enjoys. The initial offer period was extended until the end of October, giving more Read more [...]

Even if You’re Strapped for Cash, You Can Still Invest

If at first you think you don't have enough funds for it, you can still invest.Once you have some emergency savings put away and all of your high-interest debt paid off, you should think about investing, even if it's just a little bit. You Can Still Invest If after you’ve paid off your debt and paid your bills you only have $20 left over the best possible thing you could do with it is invest.Dividend reinvestment plans allow you to make an initial invest as little as $20 or $30. Making Read more [...]