Robin Hood: 3% match on IRA transfer - Mr. Money Mustache
Jan 26, 2024 · Robinhood is owned by the same people who own Citadel, if you followed the GME stuff. They make money by selling your order flow to citadel's high frequency trading hedge funds. But, if you are indexing away in a vanguard ETF say, that order flow / worst legally allowed execution on trades doesn't really matter.
Robinhood credit card 3% cash back on everything - Mr. Money …
Oct 11, 2024 · The Robinhood investment account sync is kind of a mess so I just do it manually now in Empower. Ex: it sometimes just shows the balance, but not the underlying holdings (throwing off a bunch of charts like asset allocation), it won't reflect margin being used, you get hit with 2-factor prompts every time you open Empower, etc.
Free stock from Robinhood - forum.mrmoneymustache.com
May 12, 2017 · And Robinhood makes money from interest, selling deal flow and Gold membership which starts at $10 a month and is basically margin on a fixed price. They also raised $100m+ at a 1.3B valuation. I think they will do really well.
VTI vs. VTSAX - Mr. Money Mustache
Jan 19, 2022 · I read that Robinhood doesn't offer mutual funds, so you probably can't buy VTSAX there. Note at Robinhood your trading data is the product they sell to hedge funds. In terms of how they make money, hedge funds are their clients. I don't like that kind of conflict of interest. For new investors, Vanguard offers a lot of safe choices.
Robin Hood: 3% match on IRA transfer - Mr. Money Mustache
Mar 22, 2024 · I've completed the process of transferring 2x Roth IRA and 2x Trad IRA accounts from Vanguard over to Robinhood. It took a bit more time/effort than expected, but overall it was an easy $18.6k. I started with a trial run on our smallest account. I called Vanguard and asked them to convert my VTSAX mutual funds to ETF equivalent (VTI).
convert mutual fund to etf to take advantage of brokerage bonus
Apr 14, 2024 · Eg: You complete and send the Transfer Funds form to Robinhood. Robinhood would then contact Chase, Chase would sell and send funds direct to Robinhood This achieves two things - 1. Most importantly - funds never leave the tax sheltered account umbrella. No impact to contribution limits, no taxable income created. 2.
Robinhood and Beneficiaries - Mr. Money Mustache
Feb 25, 2022 · Re: Robinhood and Beneficiaries « Reply #3 on: February 24, 2022, 03:48:40 PM » You can transfer your stocks to another brokerage without selling (I think the partial shares will get sold but it won't be that much).
Consolidated 1099-B: Really Have To Enter Each Line Transaction?
Apr 19, 2017 · If anyone should need to enter extensive detailed transaction information (for example, lots of wash sales), most tax programs allow you to import or copy-paste in transaction information that is in CSV or spreadsheet format. As described below, Robinhood definitely provides an Excel file upon request.
Robin Hood: 3% match on IRA transfer
Jan 30, 2024 · 2) If you are transferring in mutual funds, from say Vanguard, you'll first need to sell those because Robinhood can't transfer in mutual funds. So when you consider the settlement period of selling mutual funds, plus the ACAT transfer period, you could conceivably be out of the market for a bit and easily see the market go up 3% during that time.
Mint Closing Down. Alternatives? - Mr. Money Mustache
Nov 2, 2023 · -Robinhood-not recognized at all-feature that Mint doesn't have: it knows which part of the mortgage payment is principal vs interest and automatically deducts the principal part from spending (this feature can be turned off) Accounts that synced with no problems were: Chase Discover Amex Target Red Card Capital One Vanguard Scholar Share