The idea of buying and selling stocks is an exciting one, the Wall Street dream is one that feels so distant to many of us. All that could change with the upcoming release of a new app called Robinhood.
The premise of the app is commission-free trading at your fingertips for any self-directed stock purchases. There is quite some hype surrounding its public release and with good reason, everyone wants to make money with their smartphone.
What’s most interesting here is the unlocking of a previously shadowed market. Many people do not trade stocks and never have, but are much more likely to give it a go now it is just a finger swipe away. Would you use it?
The app has some big backers too, with Google Ventures amongst its repertoire. Will this see the end for any remaining Wolves out there? Or is it another opportunity for them?
Make up your mind: https://www.robinhood.com/