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Podcast: The Investor Coaching Show with Paul Winkler
Episode: Robinhood Rockets Into S&P 500 With Gambling and Other Addictive Practices
Description: Today, Paul and Evan discuss how Robinhood has grown to become one of the largest companies in the United States by gambling on stocks, crypto, and other speculative assets. When asked in an interview about whether investors are also turning to more traditional forms of investing for retirement, the company basically replied, “No, and we don’t care.” Listen along to hear these two advisors talk about why this kind of investing is so popular and how it’s making a fortune for the company at the expense of the investor.
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