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link to Does Robinhood Sell Your Data? (What Data Do They Sell?)

Does Robinhood Sell Your Data? (What Data Do They Sell?)

Robinhood suffered a lot of bad PR after restricting trading on GameStop on their platform, depriving millions of users of the option to buy shares and earn money from this volatile stock. Many also...

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link to Does Robinhood Offer Mutual Funds? (ETFs?)

Does Robinhood Offer Mutual Funds? (ETFs?)

Robinhood provides an excellent investing experience, sporting an intuitive UI and commission-free trading. However, you might wonder what exactly you can buy and sell on...

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link to Does Robinhood Automatically Exercise Or Sell Your Options?

Does Robinhood Automatically Exercise Or Sell Your Options?

Any options traders looking to use Robinhood should understand how the platform works so that you can get the most out of it. One of the things that many traders wonder is if Robinhood will...

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link to Can You Sell Covered Calls On Robinhood?

Can You Sell Covered Calls On Robinhood?

Many investors enjoy working with different strategies to make a profit. One of these options is selling a covered call.  If you prefer this type of strategy, then you’ll want to know if...

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link to Does Robinhood Take Out Taxes?

Does Robinhood Take Out Taxes?

Robinhood is an app that allows investors of any skill level to invest commission-free. They also offer resources for investors so you can learn about different investment options and become a better...

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link to Does Robinhood Have Real Time Quotes?

Does Robinhood Have Real Time Quotes?

Trading comes with risks, so it’s helpful to get real time quotes to help you make the best trading decisions. If you’re new to Robinhood, you may wonder if the platform also offers real-time...

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link to Why Is Robinhood Slow?

Why Is Robinhood Slow?

Robinhood’s clients experience many problems, from customer service issues to account restrictions for different reasons. While the severity of these different troubles varies among the 22.5...

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link to Can’t Take Your Money Out of Robinhood? (Here’s Why)

Can’t Take Your Money Out of Robinhood? (Here’s Why)

Robinhood had several incidents in recent memory when users were unable to withdraw money. At least one event affected probably every American user of Robinhood when it stopped all...

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link to Does Robinhood Accept PayPal, Credit/Debit Cards, Venmo, Cash App, etc.?

Does Robinhood Accept PayPal, Credit/Debit Cards, Venmo, Cash App, etc.?

Robinhood supports and accepts multiple payment options but not as many as some users would like to have. While Robinhood accepts checking accounts with all the major banks in the United States, you...

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link to Does Robinhood Have All The Different Penny Stocks?

Does Robinhood Have All The Different Penny Stocks?

Robinhood is currently one of the most popular trading platforms where you can trade everything from stocks, futures, options, and most recently, cryptocurrency. But what if you want to trade penny...

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link to Does Robinhood Have IRA Or Roth IRA Options? 

Does Robinhood Have IRA Or Roth IRA Options? 

Robinhood has long been known as one of the most popular platforms to set up an investment account, mainly due to its no-fee trading app. Given its pocket-friendliness, anyone can easily be tempted...

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link to Is Robinhood Trustworthy? (Can You Trust Them?)

Is Robinhood Trustworthy? (Can You Trust Them?)

Robinhood is one of the most popular trading apps out there and has been for a long time. However, recent controversies have made many people question their business practices and...

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link to Is Robinhood FDIC Insured? (Is It Safe?)

Is Robinhood FDIC Insured? (Is It Safe?)

Robinhood holds millions of dollars in cash deposits and investments. Whether you use Robinhood or Robinhood Crypto, you more than likely want your money protected and insured.  The two...

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link to Does Robinhood Report To The IRS?

Does Robinhood Report To The IRS?

Thanks to advances in mobile finance, there are more Americans investing than ever before. One particularly prominent broker for retail investors is Robinhood.  Since investing can be...

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link to Does Robinhood Have Custodial Accounts For Those Under 18?

Does Robinhood Have Custodial Accounts For Those Under 18?

Robinhood has quickly grown to become one of the top options for retail investment in the U.S. Many U.S. citizens benefit from the company’s demystification of investing, but what happens when you...

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link to Why Is Robinhood So Popular? (9 Reasons Why)

Why Is Robinhood So Popular? (9 Reasons Why)

Robinhood is one of the fastest growing online brokerages. But, why is Robinhood so popular? The popularity of Robinhood can be attributed to the fact that they give inexperienced investors the...

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link to Is Robinhood Zero Commission? (What Does it Actually Cost?)

Is Robinhood Zero Commission? (What Does it Actually Cost?)

Robinhood bills itself as a commission-free platform to trade stocks, ETFs and cryptocurrencies. But Is Robinhood zero-commission? What does it actually cost? While it’s free to sign up for a...

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link to Is Robinhood Cash Or Margin Account?

Is Robinhood Cash Or Margin Account?

Many new Robinhood users wonder “is Robinhood cash or margin account?” This is especially confusing on Robinhood since the way they set up their accounts is different than other...

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link to How Much Money Do You Need to Open a Stock Account?

How Much Money Do You Need to Open a Stock Account?

Thinking about investing in stocks, but aren’t sure where to start? You need a stock account first. But, how much money do you need to open a stock account? The truth is, you don’t need any...

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link to Why Does Robinhood Say I Don’t Have Enough Buying Power?

Why Does Robinhood Say I Don’t Have Enough Buying Power?

You’re trying to buy stock on Robinhood but can’t. An error message pops up saying you don’t have enough buying power. Why is that coming up and what do you need to do to be able to buy the...

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link to Can You Day Trade On Fidelity? 

Can You Day Trade On Fidelity? 

Known as one of the top online brokers, Fidelity offers commission-free trades on stocks, ETFs, and more along with a myriad of other features. But, can you day trade on Fidelity? You can day...

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link to Is Robinhood Zero Commission? (What Does it Actually Cost?)

Is Robinhood Zero Commission? (What Does it Actually Cost?)

Robinhood bills itself as a commission-free platform to trade stocks, ETFs and cryptocurrencies. But is Robinhood actually zero-commission? What does it actually cost? While it’s free to sign up...

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link to Why Does Robinhood Say I Don’t Have Enough Buying Power?

Why Does Robinhood Say I Don’t Have Enough Buying Power?

You’re trying to buy stock on Robinhood but can’t. An error message pops up saying you don’t have enough buying power. “Why does Robinhood say I don’t have enough buying...

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link to Are Fidelity Index Funds Good?

Are Fidelity Index Funds Good?

When it comes to shopping for index funds, you have a lot of options. However, Fidelity might be at the top of your list.  But are Fidelity index funds good? Fidelity index fund expense...

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link to Does Opening A Fidelity Account Affect Your Credit? (Or Do A Hard Pull?)

Does Opening A Fidelity Account Affect Your Credit? (Or Do A Hard Pull?)

So you want to open an online stock trading account with Fidelity but you’re worried about your credit being impacted. Does opening a Fidelity account affect your credit though?  Neither...

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link to Why Does Robinhood Say Unsettled Funds?

Why Does Robinhood Say Unsettled Funds?

When new Robinhood users first start selling stocks with the platform, a common question they have is “Why does Robinhood say unsettled funds?” Unsettled funds in your Robinhood account means...

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link to Can You Lose Money On Robinhood? (What Happens If You Do)?

Can You Lose Money On Robinhood? (What Happens If You Do)?

While stock trading can be extremely rewarding, there’s always a risk of losing money involved. The same goes for buying and selling stocks on Robinhood. Robinhood is just like any other...

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link to Are Robinhood Stocks/Shares Real?

Are Robinhood Stocks/Shares Real?

It seems like Robinhood is always under the spotlight, whether it’s for good or bad reasons. Perhaps one of the most common concerns users have is if they own the stocks and shares they buy through...

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link to Does Robinhood Have Index Funds?

Does Robinhood Have Index Funds?

Trading stocks on Robinhood is often a breeze, but they don’t allow you to trade mutual funds or bonds. This issue leads many investors to wonder if the popular brokerage firm lets people purchase...

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link to Do You Actually Own Bitcoin/Crypto On Robinhood?

Do You Actually Own Bitcoin/Crypto On Robinhood?

With the rise of Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies, you might be wondering if you own your actual crypto. After all, there are numerous crypto wallets and online crypto trading...

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link to Does Robinhood Run A Credit Check Or Affect Your Credit Score?

Does Robinhood Run A Credit Check Or Affect Your Credit Score?

Robinhood makes it easy to invest without feeling like you have to know everything about the stock market. However, many beginners are worried about paying taxes, credit score issues, and so...

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link to Is Robinhood Realtime Or Delayed?

Is Robinhood Realtime Or Delayed?

A lot of active traders have questions before joining Robinhood. These questions can range from how safe it is to how to join. One of the most commonly asked questions has to be whether Robinhood is...

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link to Is Robinhood A Good App? (Pros And Cons)

Is Robinhood A Good App? (Pros And Cons)

There’s no denying Robinhood’s popularity. It has over 13 million users right now and growth is showing no signs of slowing anytime soon.  But, is Robinhood a good app? If you’re new...

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link to Why Does Robinhood Need My Social Security Number? (Is It Safe to Give?)

Why Does Robinhood Need My Social Security Number? (Is It Safe to Give?)

Robinhood takes many of the complexities out of investing, but some of the required personal information might make you a bit scared. Afterall your SSN is important to you and no one wants their...

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link to Are Robinhood Deposits/Transfers Instant? (Are Withdrawals Instant Too?)

Are Robinhood Deposits/Transfers Instant? (Are Withdrawals Instant Too?)

Investing has made a comeback in 2021 and Robinhood makes it accessible and easy for its users.  When investing money with Robinhood or depositing money into your Robinhood account to invest,...

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link to Is Robinhood Easy to Use? 

Is Robinhood Easy to Use? 

Whether you’re a budding investor, new to the financial stock and trading scene, or a seasoned market veteran, you’ve likely heard of the Robinhood app.  The app was designed to create an...

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link to Is Robinhood Really That Bad?

Is Robinhood Really That Bad?

Robinhood is one of the most popular stock trading brokerages in the world, but it’s often shrouded in debate. Some people swear it’s the best app for beginners and experts alike, while many...

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link to Is Robinhood Expensive?

Is Robinhood Expensive?

It's safe to say, obtaining wealth is a goal many people -- myself included -- share. While there are a plethora of ways to generate wealth, one of the best has to be investing in stocks. In the...

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link to Does Robinhood Allow Day Trading?

Does Robinhood Allow Day Trading?

Robinhood allows customers to buy and trade stocks all the time, mostly without fees. However, day trading is often up for debate because of how many rules there are.  Robinhood is known for...

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link to Does Robinhood Have Fees?

Does Robinhood Have Fees?

Robinhood has quickly become one of the top stock trading platforms in the United States. Customers of all experience levels can buy and sell stocks at what is presented to be a free...

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link to Does Robinhood Have Crypto Fees?

Does Robinhood Have Crypto Fees?

Cryptocurrencies are taking the internet by storm. Many people are enjoying this new asset class and the riches it can deliver. Robinhood is one of the platforms that is benefiting from this surge in...

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Hi, my name is Matt and I'm the founder of Smart Saving Advice. Are you tired of the lack of information for normal investors? Are you tired of trying to find answers to your investing questions and being more confused afterwards?

So was I! So that is why I decided to start Smart Saving Advice. I wanted to create a site where financial and investing questions would be answered in plain English where anyone can find the answers to their questions and understand them too!

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