10 Things + A Sweet Bonus from Robinhood
Robinhood, Simple tips for new investors, Bad money moves, rising prices
This week Robinhood, the brokerage for the people (then turned evil villain and now working its way back to its roots) paid me $14,714.92 (free cash) to transfer my IRA over from Schwab (Schwab countered at $1k). I was hesitant, but when I added in the fact that they also offer 5% on uninvested cash, a 3% rewards credit card, and a WAY better mobile UX – I decided to give them a shot. I invested their generous bonus into shares of SPY and HOOD (as a bet that many others will also make the switch). When I access the funds in 20 years they should be worth $107,832 (avg. return on the S&P). So far, I’m enjoying the move. Thanks, Robinhood!
BTW – Robinhood said you can still get the 3% match if you initiate the transfer by April 30th. Use this link and we’ll each get a free bonus.
10 Things 👇️
Kaitlyn Clark's 28 Million Dollar Deal
Need a CPA? Check out this link from my friend Sam Parr
This chart on where prices are rising ✖️
Where the top 0.001% put their wealth
From Laid off Twice to Million Dollar Biz
Can you retire off of just one ETF? 📺️
I want to do one of these this summer
Make your money rise and grind while you sit and chill, with the automated investing and savings app that makes it easy to be invested.
When a man is in trouble, there is no greater joy than to see a friend coming to help.
PS – Did you notice the slick new Sunday Money logo? Hit reply and let me know what you think!