Dogecoin (DOGE) has recently had a spike that has increased the intrigue in the cryptocurrency that was once considered just a meme. Investopedia describes Dogecoin as: "...a peer-to-peer, open-source cryptocurrency...considered an altcoin and an 'almost sarcastic' meme coin." The name comes from its shiba-inu breed dog mascot. Investopedia also notes that while the coin was … Continue reading What is Dogecoin (DOGE)? A history and timeline of the ‘joke’ currency
Photo from Robinhood.com Originally inspired by the Occupy Wall Street movement in 2011 (doesn't that seem like forever ago?), Vladimir Tenev and Baiju Bhatt set out to create a no-fee trading to "democratize access to the financial markets." A generation of new millennial investors have been lured in by the ease of access and ability … Continue reading How Does Robinhood Make Money?
It's been quite a month so far (January 2021) for Bitcoin (BTC). As of publishing, we have been able to surpass a $40,000 price for BTC. Speculation is all over the place where things could go next. While we all are in our own unique situations, here are some of the questions you might be … Continue reading Bitcoin Bulls & Bears: Winter 2021 Edition
Update: Since we first published this piece, Bitcoin has surpassed its incredible December 2017 peak and on January 7, 2021 surpassed $40,000 per BTC. Read my story of getting into crypto below and how you too can get some of your own using Robinhood! I remember sitting in an Atlantic City hotel room in June … Continue reading How to buy Bitcoin and other Cryptocurrency on Robinhood
Interactive Brokers Customer Support: Best Contact Methods at a Glance1. Phone number: 1 (877) 442-2757 (live phone support is offered 24/6)2. Web site: https://www1.interactivebrokers.com/en/index.php?f=15603. Live chat: https://www1.interactivebrokers.com/en/index.php?f=1560&p=chat4. Email: IBKR does not have a public customer service email address, but you can send a message to a customer service member here: https://www1.interactivebrokers.com/en/index.php?f=38695. Fax number: (312) 984-10176. … Continue reading IBKR Support: How to Contact Interactive Brokers Customer Service If You Have a Problem
Bitcoin is rallying again. In fact, according to CoinTelegraph, the price of the world’s most famous cryptocurrency has hit its second highest price ever. Just this year, bitcoin has appreciated 165%. While investing directly in cryptocurrency is relatively easy now thanks to apps like Robinhood and Coinbase, you may have some reservations about holding cryptocurrencies … Continue reading How to Allocate to Bitcoin: Alternative Ways to Play the Cryptocurrency
Like many of us, The Walt Disney Co. has had one heck of a 2020. What should have been a victory lap as the company enhanced its newly launched and popular Disney+ streaming service to complement its already strong positions in theme parks, sports and entertainment franchises turned into a nightmare as COVID-19 froze many … Continue reading Daniel Loeb: Third Point Activist Investor Pressures Disney to Change
A common mistake of novice traders is to focus on the wrong securities or markets. While every trader should develop his or her own personal style, success will elude them, no matter how talented they are, without one key ingredient: volatility. Unlike long-term investors, successful traders thrive off of volatility, or rapid changes in the … Continue reading What Should I Trade in 2020? Why Traders Thrive on Volatility
At BroStocks we are all about supporting your aspirations. Start a side hustle that could lead to a successful full-time business. Building your portfolio on Robinhood and other brokerage accounts. Maybe investing in that first piece of rental real estate as your first step to growing your net worth. Tiger 21 is the real-life embodiment … Continue reading What is Tiger 21? Four Lessons From Michael Sonnenfeldt’s Exclusive High-Net-Worth Investing Club
Apple (AAPL) made headlines recently for continuing to post strong numbers even amidst the COVID-19 pandemic. The company also announced that its Board of Directors approved a four-for-one stock split. So what does this mean? You might be under the impression that a stock split is a move utilized for companies that are in financial … Continue reading What is the Difference Between a Stock Split and Reverse Stock Split?