Update: On April 7, 2020, NASDAQ halted trading of Luckin Coffee (LK) indefinitely.Update: On May 11, 2020, Luckin Coffee's Board fired CEO Jenny Qian Zhiya, and COO Jian Liu.Driven by a tech savvy strategy combined with efficiently laid out stores, Luckin Coffee went from a concept in late 2017 to having more store locations in … Continue reading What happened to Luckin Coffee? A big blow in its attempt to knock off Starbucks in China
Update July 19, 2020: Stock buybacks are reportedly down 98% over the last year as of June 2020.In the wake of negative United States economic news this month, there's been a lot of talk about stock buybacks. The controversy is this: should major companies that have been buying back their own stocks as a means … Continue reading Why Are Stock Buybacks Bad?
In a recent piece on building a portfolio that can withstand any market environment, we discussed how many considered a 100% stock portfolio as the place to be during the last ten years. Then came a global pandemic and oil price war that set stocks back about 30% year to date. Disappointingly, other asset classes … Continue reading Hiding Places: Profitable ETFs During the Coronavirus Bear Market
On Monday, March 9, 2020 something that rarely happens took place. When the S&P500 dropped 7% within 3 minutes of the markets open, it triggered a 15 minute closure of the market known as a circuit breaker. The equities and options exchanges, according to the New York Stock Exchange, have procedures to kick in a … Continue reading What is the Purpose of a Circuit Breaker for the Market?
Tesla has yet to introduce autonomous flying vehicles but that hasn’t stopped the stock from taking off to new heights this month. As individual investors on Robinhood, catching the move that Tesla has made recently is all of our dreams. It’s also a “cool” company that most of us enjoy talking about. The CEO even … Continue reading The Most Hated Stocks of 2020
In the 1980's, McDonald's was on its long quest of fast food domination and thriving at it. A few years back, I watched The Founder starring Michael Keaton as Ray Croc, the brains behind the rapid expansion of McDonald's. The film really puts into perspective how the chain changed American, and global, dining habits forever. … Continue reading What happened to McDonald’s pizza? Our journey to the last location still selling it
A cool feature from the Robinhood app is the potential to receive free stock both for you and the friend you refer to Robinhood. It’s a great way to add to your portfolio while also introducing friends to the stock market and the benefits of free stock trading from Robinhood. What stocks will you and … Continue reading Robinhood Referral Code: Easy Way to Get Free Stocks For You and Friends
Investing 100% of your portfolio in US stocks has been a winning trade for more than a decade now. Holding the popular ETF SPY (a popular stand-in for the S&P 500 index) over the past ten years would have netted you an excellent annual return of just under 14%. Investors who picked their own stocks, … Continue reading The Sleep Easy Portfolio: How to Sleep Easy in Any Market Environment With Just Four ETFs
Looking to spice up your portfolio with some exotic international flavors? Or are you just on the hunt for some bargain basement securities? Read below to learn about over-the-counter (OTC) stocks and how to buy these unusual offerings on the Robinhood app. What are OTC stocks? OTC stocks got their name because they do not … Continue reading How to Buy OTC Stocks on Robinhood
What is a fractional share? Robinhood, the simple commission free trading app that has taken young investors by storm, has now offered an option quite appealing to the aspiring investor. Many new traders would love to have a part of the action when it comes to expensive stocks like Amazon (AMZN) or Apple (AAPL) but … Continue reading How to buy fractional shares on Robinhood