Robinhood Investing For Beginners In 2024 | FULL Tutorial

Ryan Scribner
4 Feb 202426:04

Summary

TLDR本视频是一份全面的Robin Hood投资平台新手教程,从创建新账户到研究股票、投资S&P 500、探索加密货币选项,再到了解期权交易和其他功能,如现金管理等。视频还介绍了如何链接银行账户、存入资金、购买ETF,并提及了Robin Hood提供的退休账户选项和额外奖励。此外,还讨论了如何通过Robin Hood应用进行股票和加密货币的交易,以及如何利用其现金卡和其他金融工具来管理个人财务。

Takeaways

  • 🌟 开始使用Robinhood投资平台,首先需要通过提供的链接或在应用商店下载应用并注册账户。
  • 🔗 链接银行账户是投资前的重要步骤,可以通过应用内的指引轻松完成。
  • 📈 研究股票信息时,Robinhood提供了丰富的数据和图表,帮助投资者做出明智的决策。
  • 💰 投资者可以通过Robinhood投资股票、ETFs、加密货币等多种资产。
  • 🌐 探索Robinhood的加密货币功能,了解如何购买、发送和接收加密资产。
  • 💼 了解Robinhood提供的退休账户选项,如Roth IRA,并注意平台提供的额外贡献匹配。
  • 🎯 投资S&P 500 ETF是一种分散风险的方式,适合长期投资策略。
  • 📊 查看和分析股票和ETF的详细信息,包括市值、PE比率、分红收益率等。
  • 🔄 学习如何在Robinhood中执行买卖操作,包括即时和定期投资。
  • 💡 了解Robinhood Gold订阅计划提供的额外功能,如专业研究报告和更高的贡献匹配。
  • 🛒 探索Robinhood Cash卡和其他赚取额外收益的方式,如投资零钱和购物返现。

Q & A

  • 如何开设一个新的Robin Hood账户?

    -首先,需要在Robin Hood的官网或应用上创建一个登录账号,填写个人信息如姓名、邮箱和密码。然后下载并安装Robin Hood应用,根据指引填写地址、社会保障号码等信息。完成这些步骤后,账户即可开通。

  • Robin Hood账户开通后如何获得免费股票?

    -通过使用邀请链接(如ryan.com/start)注册Robin Hood账户,新用户在完成账户开通流程后,将有机会获得价值在5至200美元之间的免费股票。

  • 如何在Robin Hood应用中链接银行账户?

    -在Robin Hood应用中,点击右下角的个人菜单,选择“转账”选项,然后选择“链接账户”,可以选择通过借记卡进行即时转账或使用Plaid服务链接传统银行账户。

  • Robin Hood支持哪些投资选项?

    -Robin Hood支持股票、ETFs、加密货币和期权交易。此外,还提供现金管理服务,允许用户在未投资的现金上获得高收益。

  • 如何在Robin Hood上研究股票?

    -在应用中搜索股票代码或公司名称,进入股票详情页面,可以查看公司信息、价格走势、交易量、市值、市盈率等数据。还可以阅读相关新闻和分析师评级。

  • Robin Hood如何进行ETF投资?

    -在应用中搜索想要投资的ETF,例如Vanguard S&P 500 ETF,然后选择购买。Robin Hood支持使用美元进行投资,用户可以购买部分ETF份额,而不需要购买整股。

  • Robin Hood如何处理卖出股票后的收益?

    -卖出股票后的收益可以保留在Robin Hood账户中,用于进一步投资。如果想要将资金提取到银行账户,需要等待至少30天。

  • Robin Hood的退休账户选项有哪些?

    -Robin Hood提供Roth IRA退休账户,并为Robin Hood Gold会员提供额外的3%贡献匹配。所有用户至少可以获得1%的贡献匹配。

  • Robin Hood的现金管理服务有哪些特点?

    -Robin Hood提供现金扫荡服务,将未投资的现金转入高收益储蓄账户,目前年化收益率为5%,远高于普通储蓄账户。

  • 如何在Robin Hood上进行加密货币交易?

    -Robin Hood允许用户通过应用进行加密货币的买卖。用户需要通过搜索特定加密货币并遵循应用内的指引完成交易。注意,加密货币交易是独立于Robin Hood主体的法律实体。

  • Robin Hood的期权交易有哪些特点?

    -Robin Hood提供期权交易,没有佣金费用和月费。但是期权交易风险较高,不适合没有经验的投资者。

Outlines

00:00

🚀 开始Robin Hood投资之旅

本段落介绍了如何开启Robin Hood投资账户的全过程,从注册登录、下载应用、填写个人信息,到了解如何研究股票、投资S&P 500指数基金、探索加密货币选项等。强调了使用Robin Hood投资的便捷性和免费股票奖励,以及如何通过链接赚取更多收益。

05:01

🔗 链接银行账户与资金流转

详细说明了如何在Robin Hood应用中链接银行账户,并通过不同的选项进行资金的存取。介绍了如何使用借记卡即时转账,以及如何通过Plaid连接银行账户。同时,还探讨了如何研究股票,例如NVIDIA,并解释了市场表现、价格波动和公司基本信息。

10:02

📈 股票与市场分析

本段内容聚焦于如何分析股票市场,特别是如何使用Robin Hood应用来研究不同公司的股票和市场表现。通过NVIDIA和Johnson & Johnson的例子,解释了市盈率、股息率等关键财务指标,并讨论了不同行业的股票估值标准。

15:02

💹 加密货币与退休账户

介绍了Robin Hood应用中的加密货币投资选项,包括如何搜索和查看不同的加密货币。同时,还讨论了Robin Hood提供的退休账户选项,如Roth IRA,并提到了Robin Hood Gold订阅计划提供的额外匹配贡献。

20:03

🛒 投资S&P 500指数基金

本段落展示了如何通过Robin Hood应用投资Vanguard S&P 500 ETF,包括如何搜索ETF、理解其组成和历史回报率,以及如何利用小额资金进行投资。强调了分散投资的重要性,并提到了如何设置定期投资计划。

25:03

📖 投资资源与额外信息

最后一段提供了额外的资源和信息,包括如何获取免费的Robin Hood股票奖励,以及作者推荐的关于如何开始副业并最终实现财务自由的书籍。同时,还提供了作者的3小时股票市场入门课程链接,供有兴趣深入了解的观众参考。

Mindmap

Keywords

💡Robin Hood

Robin Hood是一个投资平台,用户可以通过它开设账户、投资股票和ETF等金融产品。在视频中,详细介绍了如何从零开始使用Robin Hood进行投资。

💡投资账户

投资账户是指在Robin Hood平台上开设的用于投资股票、ETF等金融产品的账户。用户需要提供个人信息并完成一系列验证步骤来开设此类账户。

💡ETF

ETF是交易所交易基金的缩写,它是一种跟踪指数、商品、债券或资产组合的投资基金,可以在交易所像股票一样买卖。

💡银行账户链接

链接银行账户是指将用户的银行账户与Robin Hood投资平台关联起来,以便进行资金的存入和取出。

💡股票研究

股票研究是指对潜在投资股票进行分析,以评估其价值和未来增长潜力。

💡加密货币

加密货币是一种数字或虚拟货币,使用加密技术进行安全保护,并通过去中心化网络进行交易和管理。

💡退休账户

退休账户是一种为退休储蓄而设立的账户,允许用户投资并享受税收优惠。

💡现金管理

现金管理是指对闲置现金进行有效管理,以获得更高的收益。

💡期权交易

期权交易是指购买和出售期权合约,这种合约赋予持有者在未来某个时间以特定价格买入或卖出基础资产的权利。

💡免费股票

免费股票是指用户通过注册或参与某些活动而获得的、无需支付即可持有的股票。

💡投资策略

投资策略是指个人或机构为了实现财务目标而制定的一系列投资决策和行动计划。

Highlights

这是一份全面的Robin Hood投资初学者教程,涵盖了从开设新账户到研究股票、投资S&P 500、加密货币选择以及期权交易等多个方面。

教程推荐使用提供的链接注册Robin Hood账户,以便获得免费股票奖励。

介绍了如何从零开始开设Robin Hood账户,包括填写个人信息、下载应用、以及完成必要的安全验证。

详细说明了如何将银行账户与Robin Hood连接,以便进行资金的存取。

强调了研究股票的重要性,并展示了如何在Robin Hood应用中查看股票信息和进行分析。

讨论了投资S&P 500的策略,推荐使用Vanguard ETF进行投资,并解释了这样做的多元化优势。

提到了Robin Hood提供的加密货币投资选项,并解释了如何通过应用进行加密货币的交易。

简要介绍了期权交易的概念,并指出这是高风险的投资领域。

说明了如何从Robin Hood账户中提取资金,包括卖出股票后的资金提取流程。

介绍了Robin Hood的现金管理功能,包括高收益储蓄账户和现金管理卡。

强调了Robin Hood不收取交易佣金的优势,并提到了其他小额费用的支付。

提供了关于如何利用Robin Hood进行长期投资和退休账户设置的信息。

分享了使用Robin Hood进行投资的个人经验和建议,包括投资策略和风险管理。

推荐了其他资源,如书籍和课程,供想要深入了解股市和投资的观众参考。

Transcripts

00:00

this is going to be the most thorough

00:01

and current Robin Hood beginner tutorial

00:04

out there so I'd recommend sticking

00:05

around for the entire video but if there

00:08

is a specific section that you're

00:09

looking for there is going to be a table

00:11

of contents down below where you can

00:13

skip around at any point in time we're

00:16

going to be covering opening a brand new

00:18

Robin Hood account from scratch we're

00:20

going to be getting a free stock I'm

00:22

also going to be showing you how to link

00:24

your bank account how to deposit money

00:27

into Robin Hood we're going to look at

00:29

how to research stocks on Robin Hood how

00:31

to invest in the S&P 500 using the

00:34

Vanguard ETFs we're also going to look

00:37

at some Robin Hood crypto options if you

00:39

want to invest in Bitcoin for example

00:41

we'll briefly touch on options trading

00:44

as well as some other features you might

00:45

care about like their cash management

00:47

where you can earn a high yield on your

00:50

uninvested cash we're also going to

00:52

cover how to withdraw money from Robin

00:54

Hood at the very end assuming you sell

00:56

some stocks for a profit or ETF for a

00:59

profit or maybe receive some dividends

01:01

and you're looking to cash that money

01:02

out real quick before we get started if

01:04

you could drop a like on this video it

01:07

will definitely help this video with

01:08

getting shared out with more people that

01:10

would be very much appreciated so if

01:12

you're looking to get that free stock

01:13

bonus you're going to want to use my

01:15

affiliate link which is going to be

01:18

ryan.com

01:20

start all you have to do is type that in

01:22

on your computer if you're watching this

01:24

on your phone or vice versa or it's

01:27

linked up in the description below at

01:29

this point it's going to ask us to

01:30

create a login now this isn't going to

01:32

be your full-blown Robin Hood investing

01:34

account this is just going to be your

01:36

login so you have a basic level account

01:39

so you're going to fill in here your

01:40

first name last name email address and

01:42

then your desired password now once

01:44

you've gone ahead and set up your login

01:46

just like I showed you you're going to

01:48

be brought over to this screen where it

01:50

says your investment Journey awaits and

01:52

you click on the black button here to

01:54

get the app and it's going to redirect

01:56

you to the App Store and whether you're

01:58

on Android or on iPhone phone it's going

02:00

to be slightly different but it's going

02:01

to be that same process from here you're

02:03

going to click on that install button

02:05

now in my case since I used to have a

02:07

Robin Hood account I'm just going to be

02:09

reinstalling it from the cloud but if

02:11

you are brand new it's just going to be

02:13

a regular install button now we're going

02:16

to click on the blue open button it's

02:18

going to bring us over to the Robin Hood

02:20

app now at this point Robin Hood is

02:22

going to ask you some information about

02:24

your address as well as your social

02:26

security number and this is something

02:28

required for the ayc or know your

02:31

customer laws and it's essentially for

02:33

the IRS reporting when you sell stocks

02:35

for capital gains or even potentially

02:37

earn dividends that is required to be

02:40

reported to the IRS and it also includes

02:42

earning interest if you use their high

02:44

yield savings so it is going to be

02:46

required just like any Financial account

02:48

or bank account I'm going to go ahead

02:50

and enter my address now and fill this

02:52

information in and you can follow along

02:54

step by step doing the same now once

02:56

you've gone ahead and filled in that

02:57

information it is going to ask you to

02:59

answer answer a few questions about

03:01

investing this is going to be regardless

03:03

of whatever investing account that you

03:04

open and it requires you to answer these

03:07

basic questions about your experience

03:09

and also some required insider trading

03:12

related questions we're going to go

03:13

through these together but it's nothing

03:14

to worry about the first question how

03:16

much investment experience do you have

03:18

it's none not much I know what I'm doing

03:20

or I'm an expert in this case I'm going

03:22

to say I know what I'm doing it now asks

03:24

you if you're employed unemployed

03:26

retired or a student in my case I am am

03:30

technically self-employed uh so there's

03:32

not really a great category for that but

03:33

I will just say employed and my employer

03:35

in my case is my business which is

03:37

Scribner media LLC once you have that

03:39

filled out we're going to click on that

03:40

black continue button and now we start

03:43

off with these required questions that

03:44

are basically about insider trading and

03:46

in most cases they're going to be a no

03:48

first question are you or a family

03:50

member a senior executive or 10%

03:52

shareholder at a publicly traded company

03:55

in most cases it's going to be a no

03:56

unless you know of somebody in your

03:58

family who's like Warren Buffett or

03:59

borne Buffett Jr who owns tons of shares

04:02

of a public company it's going to be a

04:03

no for us it then asks if you or any of

04:06

your family members work for a stock

04:07

exchange or brokerage so if they work

04:10

for the NASDAQ or New York Stock

04:12

Exchange or possibly Fidelity Schwab

04:14

different brokerages you'll probably

04:16

know if people are doing that in your

04:18

family in most cases that's going to be

04:19

a no and then at this point it's going

04:21

to have you do a required tax

04:22

certification this is just basically

04:25

signing saying that you verify your

04:27

information is correct here that you

04:28

supplied in terms of your address and

04:30

your Social Security number because you

04:32

are opening a taxable investment account

04:35

and down the line you might also decide

04:36

to open up the high yield savings

04:38

account with them for the interest on

04:41

your uninvested cash and we're also

04:42

going to touch on that retirement

04:44

account later so again this is just

04:45

certifying that you gave the correct

04:48

information and I'm going to click agree

04:50

and accept and at this point you are

04:51

going to review and accept for

04:53

electronic delivery as well as the terms

04:55

of service for Robin Hood now my

04:57

application here is currently under

04:59

review but yours should be available

05:01

instantaneously so at this point you

05:03

should be able to move on to the very

05:05

next step but if not there is going to

05:07

potentially be a short review period if

05:09

they aren't able to verify you

05:11

instantaneously let's go ahead and cover

05:13

how to link your bank account with Robin

05:15

Hood and it's all going to happen from

05:17

this person menu here on the bottom

05:19

right so we're going to click on that

05:21

first and then you're going to click on

05:22

the three lines here at the top left and

05:25

this is your menu where you access the

05:27

different settings what we're going to

05:28

do now is navigate over to transfers

05:31

where we have options for deposits

05:32

withdrawals and even brokerage account

05:34

transfers now at this point there is a

05:36

security protocol requiring me to turn

05:38

off my screen share which is new I'm

05:40

glad I'm walking through this with you

05:42

guys together here with a new updated

05:44

version of this just so you would know

05:45

what to expect so I'm going to turn that

05:47

off I will take some screenshots and put

05:49

those on screen here as we continue on

05:51

this screen here you have the option to

05:52

transfer money manage recurring deposits

05:55

send a wire transfer transfer accounts

05:58

and also see available with withdrawable

06:00

cash but what you're going to want to do

06:01

from here is scroll down and you'll see

06:02

the option here for your linked accounts

06:04

and this is going to have the option to

06:06

add a new bank account you're going to

06:09

go ahead and click on that button now

06:11

from here you have the option to do an

06:12

instant transfer using your debit card

06:15

with a up to 1K daily deposit limit it

06:17

would be instant if you're looking to

06:19

invest immediately or you can do a

06:21

Traditional Bank account link if we

06:23

click on debit card it's going to give

06:25

you the option now here of just entering

06:27

your debit card information but if you

06:29

instead wanted to link it with your bank

06:31

account you would do that with plaid

06:33

automatically by entering your login

06:35

information and then selecting your

06:37

account now that we're out of that

06:39

particular section I can do the screen

06:40

recording again thankfully and we're now

06:42

going to do a little bit of research in

06:44

the app and we're going to take a look

06:45

at some stocks and then we're going to

06:47

take a look at the crypto section and

06:49

then we're going to get into the actual

06:51

purchasing of an ETF and talking about

06:54

retirement account and some other

06:55

options like that just another quick

06:57

reminder here if you haven't already

06:59

make sure you drop a like And subscribe

07:01

with the Bell turned on for those future

07:03

notifications we're going to look at one

07:05

of the most popular which is NVIDIA and

07:07

if you know the stocks symbol you can

07:09

type that in but if you don't you can

07:11

just type in the name of the company so

07:12

I'm going to type in Nvidia and we can

07:14

see nvda is the particular symbol so we

07:18

click on that here and we can see that

07:20

Nvidia is actually available in the

07:22

Robin Hood 24hour market and that's

07:24

pretty cool because Robin Hood has

07:26

select stocks that they support trading

07:28

of 24 7 and it's similar to the crypto

07:31

markets which a lot of us are familiar

07:33

with I'm going to click on got it for

07:34

now and we can see that Nvidia is having

07:36

a really solid day today they're up

07:40

4.27% and you can click here and drag

07:42

your finger along and it shows you the

07:44

price over the day you can also change

07:47

the timeline down here and see over the

07:49

last week Nvidia is up 88.8% in the last

07:52

month 37 1/2% 3 months is 51% year-to

07:57

date 33.4 7 the one year is over 200% 5

08:01

year is like 1,00% and the maximum chart

08:04

is like 83,000 so if you invested in

08:07

Nvidia back in 2015 or something at five

08:10

bucks a share now you're looking at like

08:12

over 100x on your money there so man

08:15

that would have been a good investment

08:17

but anyway very tough in hindsight to be

08:19

aware of these things that early on but

08:22

individual stock selection is really not

08:24

recommended anyway in fact what most

08:26

people like Warren Buffett would suggest

08:28

is doing the I ified approach of

08:30

investing in the S&P 500 and once my

08:33

account is fully reactivated I'm going

08:35

to show you how to deposit money and

08:37

actually invest in the Vanguard S&P 500

08:40

ETF that Warren Buffett himself

08:42

recommends but just so you are aware

08:44

this is how you research stocks we're

08:46

going to scroll down here and we have an

08:48

about section where you can get some

08:50

information about the particular company

08:52

you can see the CEO employees the

08:54

statistics here show us some information

08:56

you might want to be aware of volume is

08:58

the total number of of shares that have

09:00

traded today the overnight volume is

09:02

most likely related to that 24-hour

09:03

market that Robin Hood offers and you

09:05

can compare the volume of the day to the

09:08

average volume and this can show you if

09:10

there's more or less people trading the

09:12

stock than normal below that we can see

09:15

the market cap market capitalization

09:17

this is the total value of the company

09:20

and you can then see the price to

09:21

earnings ratio this is the multiple that

09:24

people are paying on the current share

09:26

price relative to the company's earnings

09:28

so this is a relatively expensive stock

09:31

based on the fact that people are paying

09:32

about $83 in investment dollars today

09:36

for exposure to this company making $1

09:39

of annual earnings it might be a little

09:41

bit confusing to understand that I

09:43

actually have a full video on

09:44

fundamental stock analysis I'll put a

09:46

card in the corner if you'd like to

09:48

watch that as this will walk you through

09:50

these very important Financial metrics

09:52

in valuation metrics like the PE Ratio

09:55

below that we also have the dividend

09:57

yield here Nvidia does pay a very very

09:59

small dividend but it's coming in at

10:01

.3% so it's a minuscule amount of money

10:04

but if we look at a different stock I'll

10:06

just switch over to a a dividend payer

10:08

for example Johnson and Johnson and

10:10

we'll see looking at their particular

10:12

yield it's

10:13

2.97% in just real quick looking at

10:15

their PE ratio there's his 11.5 so in

10:19

the case of Johnson and Johnson

10:21

investors are paying about 1150 today

10:23

for exposure to $1 of their annual

10:25

earnings now it doesn't mean you're

10:27

going to get those earnings in your

10:28

pocket the only money you're getting in

10:29

your pocket is that dividend which in

10:31

this case is that

10:33

2.97% but it's important to understand

10:35

that stocks of different Industries will

10:37

have totally different normal valuations

10:40

so for example Healthcare which Johnson

10:42

and Johnson is a part of has a baseline

10:45

level price to earnings ratio which is

10:47

considered normal whereas in Tech and in

10:50

particular AI which would be the sub

10:52

segment there or industry that Nvidia is

10:54

involved with that is going to have a

10:56

much higher price to earnings ratio

10:58

that's Norm Al just based on the growth

11:00

potential that is priced into today's

11:02

numbers now again that's just some stock

11:05

market jargon that you probably don't

11:06

need to be aware of especially if you're

11:08

just looking to be a passive ETF

11:10

investor which is what's recommended but

11:12

you might just want to be aware of it

11:13

anecdotally just so you know some of the

11:15

basics back looking at Nvidia now we're

11:17

going to scroll down further and we can

11:19

see the news section so if you're

11:20

wondering hey why is Nvidia stock up 4

11:23

1/2% today we can look at any news that

11:26

came out surrounding them so we can see

11:28

wow look at that meta stock is actually

11:30

up 21% today and the news here is that

11:32

meta rolls out own AI chip to power

11:35

Facebook and Instagram targets Cost Cuts

11:37

and Nvidia Independence so that's pretty

11:40

crazy because they're actually looking

11:42

to I guess separate from Nvidia but even

11:44

despite that um you know Nvidia is still

11:46

doing really well today so if you want

11:48

to read into the article you can click

11:49

on that and it does it right in the

11:51

Robin Hood app it's super clean for just

11:53

getting upto-date info on stocks and

11:55

below that we have the analyst ratings

11:57

so if you are looking to get the Wall

12:00

Street professional opinion on a

12:02

particular stock or even a fund you can

12:04

come down here and see what they say in

12:06

this particular case among 53 analyst

12:08

ratings 92% say it's a buy 8% say it's a

12:12

hold and 0% say it's a sell you can also

12:14

see what the bullish thesis as well as

12:16

the bearish thesis is and that's going

12:18

to be sort of the professional opinion

12:21

on why the stock could go up in the

12:23

future or why it could be overpriced

12:25

today and why it could go down so if you

12:27

were looking to invest in an IND idual

12:29

stock you'd want to fully understand

12:31

both of the cases here and see if the

12:33

risk reward potential made sense for you

12:36

if you're looking for individual stock

12:37

ownership now if you're looking to get

12:39

more info here you can click on show

12:40

more and it gives you a bit more info on

12:42

that they do offer professional research

12:44

reports that come as part of Robin Hood

12:46

gold that is going to be a separate

12:48

package that we will talk about later on

12:51

but I don't personally use it I have in

12:52

the past but we'll talk about what that

12:54

is in case you're interested below that

12:56

we have the earnings chart and this

12:58

shows us us the quarterly earnings over

13:00

time on this chart here it's showing us

13:02

what the expected EPS or earnings per

13:04

share were versus the actual EPs and

13:07

what we can see here as the trend is

13:09

that Nvidia has been beating those

13:12

Expectations by a wider and wider margin

13:14

it looks like and that's probably why

13:16

the stock has gone up so much so they

13:18

have expected figures that's basically

13:20

like these professional analysts and

13:23

think of it like um horse racing where

13:24

you have people who are like

13:25

handicappers and they know what they're

13:28

doing and they have these statistics in

13:30

mind in the same manner you have these

13:32

people putting out these estimates on

13:34

what they think the company's going to

13:35

do in that Financial quarter and based

13:37

on the consensus Nvidia has been doing

13:40

above those expectations over time here

13:43

now if you're looking to get ideas on

13:44

other stocks through the app they have

13:46

lists here like most popular stocks you

13:49

can also look at what stocks are in the

13:50

24-hour market we'll take a look at that

13:52

is it's relatively interesting and

13:54

there's 225 particular items here so if

13:57

you wanted to look at what stocks were

13:59

supported here you could scroll through

14:01

all of these yourself at the bottom

14:02

there's also this people also owned

14:04

section where you can see related

14:06

companies such as AMD Microsoft meta and

14:10

this could just give you an idea of

14:11

other companies in that particular

14:13

industry what we're going to do now is

14:15

explore the crypto section of the app

14:17

and as mentioned before this is a

14:19

separate legal entity that runs the

14:21

Robin Hood crypto section and there will

14:23

be a separate set of disclosures that

14:25

you will have to go through if you want

14:27

to do this yourself within the app so

14:29

what you're going to do here if you're

14:31

interested is go to the search bar just

14:33

like before and this is going to give

14:35

you a list of um you know popular

14:38

cryptos based on 52e highs lows Etc but

14:41

if you had a particular asset in mind

14:43

such as Bitcoin and then you can see we

14:45

have Bitcoin Bitcoin cash Bitcoin gold

14:47

we're going to go ahead and click on

14:49

bitcoin and if you wanted to go ahead

14:52

and trade crypto through the Robin Hood

14:54

app you could do so here now Robin Hood

14:56

does also offer a wallet now which

14:58

allows you to send and receive

15:00

cryptocurrencies however there is

15:02

additional verification and a layer of

15:05

two-factor authentication that has to be

15:07

added but you are able to do that if you

15:09

want to send and receive crypto similar

15:11

to the coinbase wallet so I'm not

15:14

personally going to invest in Bitcoin

15:16

using the Robin Hood app but you could

15:18

do so if you're looking to do it in one

15:20

convenient place and just like before

15:22

you can use the chart here and look at

15:24

the performance of Bitcoin for example

15:26

over the last year it's up about 82% now

15:29

let's go ahead and talk about the

15:30

retirement accounts as this is one of

15:31

the biggest pieces of news surrounding

15:34

Robin Hood in recent years because these

15:37

retirement accounts that they offer are

15:39

pretty slick if you're looking to invest

15:41

for the super longterm and take

15:42

advantage of compound interest without

15:44

worrying about taxes something like a

15:46

Roth IRA is a really solid option and

15:49

that's now available through Robin Hood

15:51

we're going to scroll through here and

15:52

just take a look at some of the options

15:54

here in the tiles I don't have a

15:55

full-blown retirement account set up

15:57

with them but if you wanted to it can

15:59

all be done Under One Roof and we're

16:01

also going to talk about a contribution

16:02

match that they offer which is rather

16:04

unheard of if you have Robin Hood gold

16:06

which is their paid subscription plan

16:08

they offer a 3% extra match on top of

16:11

your contributions to your retirement

16:14

account which is pretty insane now you

16:16

do have to pay for Robin Hood gold I'm

16:18

going to show you that shortly but if

16:19

you are maxing out your contributions

16:21

for example it might be worth it if you

16:24

you know run the numbers and see what

16:25

that cost ends up being but even if you

16:27

don't have Robin Hood you would still

16:29

get a 1% match on top of what you

16:32

contribute so if you're looking to

16:33

invest with a Roth IRA and maximize

16:36

those contributions you can get an extra

16:38

1 to 3% bonus on top of what you put in

16:41

simply using Robin Hood they also have

16:43

recommended portfolios if you don't want

16:45

to be fully in control yourself which is

16:47

a really cool option and of course it's

16:50

all going to be in a tax advantaged

16:52

manner so myself I would personally

16:54

suggest that you get started on the

16:55

Robin Hood investment side with your

16:57

taxable brokerage account get familiar

17:00

and then think about setting up a

17:01

long-term investment goal here and use

17:04

the retirement section of the app for

17:06

that another feature you might want to

17:08

take advantage of is the Robin Hood cash

17:10

card if you're looking to use the money

17:12

in your Robin Hood account in the form

17:14

of a debit card so they really do have

17:16

all of the bases covered now in terms of

17:18

your entire Financial life you could do

17:20

it all pretty much within Robin Hood At

17:21

this point if you wanted but a couple of

17:23

options that they have here is you can

17:25

invest your spare change similar to the

17:27

acorns round up they're also going to

17:29

allow you to invest a part of every

17:31

paycheck automatically no hidden fees

17:34

and then cash back when you spend there

17:36

is currently a weit list there but if

17:37

you were interested you could jump on

17:39

that and you could be among the first to

17:41

get that when those cards become

17:43

available and then as far as earning a

17:45

high yield on your savings they offer a

17:47

cash sweep program where you can have

17:49

your uninvested cash swept over into a

17:52

separate high yield savings account

17:54

currently this pays a 5% apy which is

17:57

about 8 times higher than average of

17:59

what you're seeing out there so if you

18:01

wanted to earn a high yield right within

18:04

your Robin Hood account on your

18:05

uninvested cash you can do so with Robin

18:08

Hood cash sweep all righty guys so we're

18:10

going to finish things off in my

18:11

fiance's Robin Hood account just because

18:13

my Robinhood account was pending

18:17

reverified to keep the video rolling

18:20

here the only thing we couldn't show you

18:21

here was the free stock since I'm not

18:23

going to get it until my account

18:25

reactivates officially here's the

18:27

details of the Hood free stock and this

18:29

is going to be linked up down in the

18:31

description below if you want to check

18:32

it out yourself basically you're going

18:34

to be getting a dollar value which

18:36

ranges from $5 to $200 and it's going to

18:39

be random however 98% of people get a

18:43

value between $ and $10 for their reward

18:47

now from here you get to actually pick

18:49

your stock from a list of 20 of

18:51

America's leading companies so whether

18:53

you wanted Tesla or different companies

18:55

like that for example you can choose

18:58

which company you invest in with that

19:00

reward based on using fractional shares

19:03

as far as selling the free stock goes

19:05

you're able to sell it three trading

19:06

days after claiming it however if you

19:08

want to actually withdraw that money to

19:10

your bank account you are going to have

19:12

to wait at least 30 days after claiming

19:15

it but what you could do is sell that

19:16

stock and then use that money to invest

19:19

in whatever stock or ETF that you would

19:21

actually like to own now right now in

19:23

the app it's showing $0 in buying power

19:26

but we're going to go ahead and click

19:27

here and it's going to allow us to

19:29

deposit funds and I showed you how to

19:31

link that bank account earlier so

19:33

assuming you completed that step you'll

19:34

be able to deposit funds at this point

19:37

we're going to click on the black

19:38

deposit funds button and I'm going to

19:40

deposit $10 from this particular bank

19:43

account and then we're going to click on

19:45

review and then transfer $10 at this

19:49

point it's going to show us a timeline

19:50

here for the deposit so it shows it was

19:53

initiated today on February 2nd and it's

19:55

going to be available to trade and

19:57

withdraw by February 5th we're going to

20:00

click on the continue button now however

20:02

the cool thing about Robin Hood is they

20:04

do offer this instant deposit feature

20:06

which means you can invest your money

20:08

early as long as you don't sell that

20:10

particular asset before your new deposit

20:13

settles now I'm going to show you how to

20:15

invest in the S&P 500 using the Vanguard

20:18

ETF and we have $10 of buying power but

20:21

we are going to be able to do that

20:23

thanks to the fractional share investing

20:25

we're going to click on search here and

20:27

now we're going to type in the Vanguard

20:29

S&P 500 and it's actually going to be

20:32

the very top search there in most cases

20:34

when you type in Vanguard but it's the

20:35

Vanguard S&P 500 ETF under the symbol vo

20:40

we're going to click on that and it also

20:41

shows us this is available in that

20:43

24hour market which is really cool if

20:46

you want to do some research on this ETF

20:48

just like before you can scroll down and

20:50

get information on it it's pretty cool

20:52

here because this will show us some

20:54

different visuals here on the ETFs than

20:56

you would have seen looking at the

20:58

stocks so we can see here that the index

21:00

is tracked by the S&P 500 it also has 8

21:04

underlying Holdings so you have

21:05

diversification built in among 500 of

21:08

the largest US companies the Inception

21:11

date of September 2010 and it's also a

21:14

large blend so it's a mix of large

21:17

companies you can also see what sectors

21:19

are represented in this as well as the

21:22

top 10 Holdings so if you invest in vo 7

21:26

cents on every dollar is going into

21:27

Apple you also have a lot of money going

21:29

into Amazon Google birkshire Hathaway

21:32

Microsoft Nvidia meta Tesla JP Morgan

21:35

Etc but it's really cool to see this

21:37

visual breakdown here of what your money

21:39

is going into and how you have this

21:41

diversification built in you can also

21:43

see the average historical return here

21:46

and that can be helpful too in just

21:48

gauging The Benchmark but in terms of

21:50

investing in a diversified manner this

21:52

is what Warren Buffett recommends

21:54

investing in a low fee um S&P 500 Index

21:57

Fund or in this case it's just an

21:59

exchange traded fund we're going to

22:01

click on the green buy button and at

22:03

this point we have options here of

22:05

buying shares but if I wanted to buy a

22:07

whole share it's going to be

22:09

$453 which I don't have in the account

22:12

but if I click here we can actually

22:14

change it to buying in dollars and this

22:16

is going to allow you to invest with

22:18

dollars instead of buying whole shares

22:20

so what I can do here is put $10 at this

22:22

point into the S&P 500 and I'm actually

22:25

buying

22:26

02 2036 shares of VO we're going to

22:31

swipe up and that is going to be

22:33

received and then just like that the

22:35

order is completed so if I click on view

22:38

order it's going to show us that it was

22:40

filled it was February 2nd 2024 $10 and

22:44

we can see that the value was $

22:46

45384 per share at the time of purchase

22:49

now if we go back to vo and scroll down

22:52

you can see my position is listed here

22:54

you can see my number of shares as well

22:56

as the total return and things like that

22:59

so if you wanted to continue investing

23:01

over time you could do that right here

23:03

within the app or you could also set up

23:06

a recurring investment into something

23:08

like the S&P 500 or other Investments if

23:10

you wanted to do so and all of that

23:12

would be happening right over here by

23:14

clicking on the person icon and then

23:16

going over to these multiple lines right

23:18

now I don't have any recurring

23:19

Investments enabled but if you click on

23:21

view recurring Investments you could

23:23

create a recurring investment here to

23:25

automatically invest in something like

23:26

the S&P 500 ETF the last thing I want to

23:29

cover here quickly is options it's

23:31

disabled by default but if you wanted to

23:34

do options trading you can click on

23:36

enable options trading I'm just going to

23:37

click on learn more just so I can tell

23:39

you a bit about it there are no

23:41

commission fees to buy or sell options

23:43

or monthly fees with Robin Hood however

23:46

it is extremely risky territory for

23:48

investors so you have individual stocks

23:50

which are high risk and then you have

23:52

options which is just risk piled on top

23:54

of risk so it's really not for those who

23:57

are in experienced but if you did want

23:59

to explore them it is here in the app um

24:02

you have basic call options and put

24:04

options and you can also get into more

24:06

advanced options strategies if you want

24:08

to enable them in the app as they have

24:10

different levels available for their

24:12

options trading and let's say you want

24:14

to go ahead and sell a particular asset

24:16

what you would do is click on the trade

24:17

button and now you have the option to

24:19

sell and this is where you could put in

24:21

the dollar value you're looking to sell

24:23

so I could sell that 101 available if I

24:26

wanted to I'm not going to just because

24:28

it really wouldn't make sense but if you

24:29

wanted to you could immediately sell and

24:32

there are no trading commissions there

24:33

are some small fees that you do pay like

24:36

you know fractions of a penny that go to

24:38

finra and different Regulatory Agencies

24:40

but there aren't any trading commissions

24:42

that go to Robin Hood so there you have

24:44

it guys that's going to wrap up this

24:46

beginner's guide to Robin Hood investing

24:48

I hope it helps you to get started on

24:49

your investing Journey like I said if

24:51

you want to go ahead and grab that free

24:53

stock offer you have the top link down

24:56

in the description below or once once

24:57

again it's ryan.com start and that is an

25:01

affiliate link so we will earn a

25:03

commission through investing simple if

25:05

you decide to use that link there's also

25:07

the full article in the description

25:08

about the Robin Hood free stock if you

25:10

want more information on that finally if

25:12

you are looking to learn how to get

25:14

started with your side hustle I do have

25:16

a book out there from side hustle to

25:18

main hustle to millionaire which is a

25:20

step-by-step guide on how to get started

25:23

with your very own income stream outside

25:25

of working a job or anything like that

25:28

and it tells you about how I did this

25:31

myself starting off as a utility worker

25:33

and then quitting my job and then

25:35

building up these various digital income

25:37

streams just like the investing simple

25:39

blog becoming a millionaire in the

25:41

process and all of the steps involved so

25:43

if you guys want to check that out

25:44

that's going to be available in person

25:46

at Barnes & Noble stores it's also at

25:48

libraries across the United States you

25:50

can find it on Amazon as well as an

25:53

author narrated version on Audible

25:55

thanks so much for tuning in if you're

25:56

looking to learn more about this stock

25:58

market you can click below to watch my

26:00

3-hour stock market for beginners course

26:02

and I'll see you there