$ Trade for free

10 years ago, the idea of trading for free is largely unheard of. Now, many brokerage accounts have offered free stock trades which can cost up to $12 for each trade. For me, one good recommendation is the Robinhood.

Why?

1. Free stock trades
2. Free option trades
3. Ability to buy cryptocurrency
4. Intuitive user interface
5. Ability to see market sentiment based on 100 most popular stock.

With stock market at all time high now in early 2020, I am a little paranoid that the market can collapse anytime soon. Although there are no immediate signs, a risk averse investor would spread out the investment in multiple trades in order to spread out the average cost (some trades may be purchased at higher price while other trades are at lower price). These free trades basically allow this strategy to work. Of course if you are investing in an in-house fund such as Vanguard, then you can trade for free as well.

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