Answer
Yes, you can make another Robinhood account. You just need to make sure that you’re using a different email address and phone number for the new account.
How Robinhood Makes Money
My 12-Year Old Wants to Invest in the Robinhood App
You are allowed to have multiple accounts on Robinhood, but you can only trade stocks in one account at a time.
Yes, you can set up a Robinhood account for someone else. When you create the account, you will need to provide the other person’s name, date of birth, and Social Security number. You will also need to provide your own name, date of birth, and Social Security number.
You can have up to three accounts on Robinhood.
Yes, you can have multiple portfolios on Robinhood. To create a new portfolio, click on the “Portfolios” tab in the navigation bar and then click “Create a New Portfolio.” You can then name your portfolio and select the stocks that you want to include.
You can have multiple stock accounts, but you can only own stock in one company per account.
Robinhood has not released any information on the number of users they have lost. However, it is safe to say that they have lost at least some users, as most companies experience user attrition.
The average person makes about $1.50 per day on Robinhood, which is a free stock trading app. This amount can vary depending on how often the person trades and the stock’s performance.
Yes, you can open a Robinhood account for your child. You’ll need to provide your child’s name, date of birth, and Social Security number. You’ll also need to provide your own name, date of birth, and Social Security number.
There is no limit to the number of trading accounts that one can have. However, it is important to note that each account will require its own set of log-ins, passwords, and other related information. Additionally, it is important to have a clear understanding of each account’s investment goals and risk tolerance levels in order to make sound investment decisions.
Yes, you can buy the same stock in different accounts, but you may not own more than 10% of the outstanding shares of any one company.
There’s no one-size-fits-all answer to this question, as the best way to structure your brokerage accounts will vary depending on your individual needs and goals. However, generally speaking, it can be helpful to have multiple brokerage accounts if you want to:
diversify your investment portfolio
take advantage of different investment opportunities
avoid being penalized for exceeding account limits.
Yes, you do have to pay taxes on stocks when you sell them, regardless of how you bought them. This is because the government sees stock sales as income, just like if you were to get a salary from your job.
There are a few ways to do this. One way is to invest in a company that is doing well and has a good future outlook. Another way is to invest in a company that is undervalued. You can also look for stocks that have a high dividend yield.
No, Robinhood does not give you money. It is a commission-free stock trading app that allows you to buy and sell stocks without paying any fees.