Beginning Robinhood Investors: This Is How You Build a Market-Beating Portfolio
It wasn't a stretch to conclude that a pandemic would wreak havoc on daily life for many Americans. But how many people would have guessed that it would give birth to an entire new class of newbie investors?
With a little extra cash on hand (thanks, stimulus), a lot more free time (thanks, lockdowns), and a brand-new platform tailored to a younger-crowd (thanks, Robinhood), that's exactly what we got.
It hasn't all been smooth sailing. All too often, beginner investors -- many who have made a home on Robinhood's platform -- try to make a killing on a small handful of stocks. They pour their money into a couple names, hold them for days or weeks, and quickly sell.
Source Fool.com
