How to Buy and Sell Stocks on Robinhood (Beginner App Tutorial)

Поделиться
HTML-код
  • Опубликовано: 15 окт 2024

Комментарии • 3 тыс.

  • @ChristopherAbelman
    @ChristopherAbelman Месяц назад +786

    Achieving success hinges on the steps you actively take toward it. Accumulating wealth involves cultivating positive habits, such as consistently setting aside money at intervals for robust investments. Financial management, often avoided by many, can later become a haunting issue. My hope is that anyone reading this finds success in their journey!

    • @HildaBennet
      @HildaBennet Месяц назад +3

      Starting early is simply the best way of getting ahead to build wealth, investing remains a priority. I learned from my last year's experience, I am able to build a suitable life because I invested early ahead this time.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch Месяц назад +1

      I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see. I have made more than 350% through my estateplanner(fa) by alternative investing. The portfolio comes with perks as well.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch Месяц назад +1

      I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see. I have made more than 350% through my estateplanner(fa) by alternative investing. The portfolio comes with perks as well.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch Месяц назад +3

      Controlling my portfolio cost me losses in 2022. So, in January 2023 I sought advice from a fiduciary. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

    • @HildaBennet
      @HildaBennet Месяц назад +2

      One of my goals is to employ the service of an asset-manager this year. I've seen some off social media but wasn't able to get a response. Could you recommend one?

  • @boofsmemes8361
    @boofsmemes8361 4 года назад +446

    Can I just say that this video is extremely helpful. And he isn’t money hungry. He said, “if you have a friend use their link instead”. Respect.

    • @justacommentercommenting
      @justacommentercommenting 3 года назад +1

      don't mined me I'm just here to inform you your comment is doing well.

    • @boofsmemes8361
      @boofsmemes8361 3 года назад +1

      @@justacommentercommenting thanks man I didn’t know hahaa this blew up

    • @justacommentercommenting
      @justacommentercommenting 3 года назад

      @@boofsmemes8361 yea lol yw

    • @charliedays
      @charliedays Год назад +1

      For those who may not know yet: "Robinhood doesn't allow for the sale of fractional shares with limit orders." This is important as I thought I'd be able to use this feature of Robinhood to ease things for me. Not possible! Only if you buy the whole shares.☹

    • @HonestFinance
      @HonestFinance  Год назад

      Good to know, thanks.

  • @jonszekeres9242
    @jonszekeres9242 3 года назад +198

    I am an absolute moron and this was incredibly easy to understand. Thank you so much, this is far less intimidating now

  • @g.geargy1736
    @g.geargy1736 5 лет назад +2369

    This genius is getting like thousands of free investments

    • @spellcasther7099
      @spellcasther7099 5 лет назад +233

      My free share was amazon 3920$

    • @robogecko8928
      @robogecko8928 5 лет назад +85

      ShhCorpZ u lying

    • @normalguy556
      @normalguy556 5 лет назад +146

      Cap is $500 worth

    • @dancingmadman2340
      @dancingmadman2340 4 года назад +69

      Lies, Deception....... amazon stays between 1,700 and 2100

    • @HankTheTank23
      @HankTheTank23 4 года назад +103

      @@spellcasther7099 Yeah, my dad is Bill Gates. Fuck off.

  • @austinbuholtz6970
    @austinbuholtz6970 3 года назад +697

    AMC to the MOON

    • @StarTheDon
      @StarTheDon 3 года назад +19

      You saw the tiktok too

    • @FaresMujarkesh
      @FaresMujarkesh 3 года назад +3

      What dose that mean AMC a

    • @bigjoe7135
      @bigjoe7135 3 года назад +10

      It’s going down 🥲

    • @FaresMujarkesh
      @FaresMujarkesh 3 года назад +4

      @@bigjoe7135 don’t but amc or GameStop trust

    • @bigjoe7135
      @bigjoe7135 3 года назад +8

      @@FaresMujarkesh Ive had amc from a while back but I don’t have GameStop

  • @bahatimoa
    @bahatimoa 3 года назад +17

    I love how clear and simple your demo is. Way easier to grasp

  • @elijahhassan8165
    @elijahhassan8165 5 лет назад +2034

    My first free share was apple. 200 bucks

    • @HonestFinance
      @HonestFinance  5 лет назад +366

      Seriously? Congrats on the free share. I never got anything worth more than $10, but my sister got Apple and her husband got FB. I guess the good ones really do exist

    • @spongypeakfromthe845
      @spongypeakfromthe845 5 лет назад +45

      Bruh im jealous

    • @wrknhvc7708
      @wrknhvc7708 5 лет назад +16

      Must be nice

    • @CodenameDk
      @CodenameDk 5 лет назад +28

      Same it was 223

    • @Slumbjorn
      @Slumbjorn 5 лет назад +25

      Nice. I got Beyond Meat, $113 as of today

  • @Lunaaa.ticccc
    @Lunaaa.ticccc 4 года назад +1737

    Invested $1,600 into 5 different stocks ... for a first timer I really don’t know what the heck I’m doing lol

    • @HonestFinance
      @HonestFinance  4 года назад +257

      Congrats! You’ll get the hang of it

    • @amnika2536
      @amnika2536 4 года назад +35

      Same here lol

    • @lbasura
      @lbasura 4 года назад +31

      Cindy San Jose how is it so far?

    • @Lunaaa.ticccc
      @Lunaaa.ticccc 4 года назад +170

      BlubberManiac lmao well with the stock market being down for most of this time .. I’ve lost a lot of money but I’m still holding on my stocks and bought more as well as more shares

    • @Navaja09
      @Navaja09 4 года назад +66

      That's hella funny😂

  • @evie7560
    @evie7560 3 года назад +16

    I'm usually trading on my laptop, and realized that I did not know how to trade on Robinhood via my phone. Thank you so much!

  • @eclipse1738
    @eclipse1738 5 лет назад +431

    My first free share was Microsoft $137
    Thanks for the info. Great video

  • @qaddfeyirichardson7907
    @qaddfeyirichardson7907 5 лет назад +777

    Bru, you broke it down so damn easy. Thxz.

    • @HonestFinance
      @HonestFinance  5 лет назад +21

      You’re welcome. Glad it helped :)

    • @swagboyking4207
      @swagboyking4207 5 лет назад

      Dat bih cake bra bra ?

    • @682Deano
      @682Deano 4 года назад +2

      Watchin this smokin a joint

    • @laurenlocd3180
      @laurenlocd3180 2 года назад

      @@swagboyking4207 🤣🤣🤣🤣🤣🤣🤣🤣🤣

  • @franciscocaballero9962
    @franciscocaballero9962 4 года назад +471

    I just invested $25 hopefully I become rich in my dreams.

  • @tomevans4116
    @tomevans4116 5 лет назад +107

    I agree its extremely easy to use and beginner friendly. I use it everyday and there aren't many things I can say bad about it so far.

    • @lisahansen6014
      @lisahansen6014 4 года назад +2

      Do you have to watch it consistently and have you made money?

    • @lisacartwright5836
      @lisacartwright5836 2 года назад

      Hello everyone I’m here to share a good news with you, I’ve been scam several times, but the moment I met @cryptosminner.maundaland.fx on Instagram she was so real and amazing, I earn $52,500 with just $5,000 I believe you can also do it contact her @cryptosminner.maundaland.fx

  • @wrknhvc7708
    @wrknhvc7708 5 лет назад +259

    My free share was Zynga at $5.75 and it went up 10 cents in one day. Not bad

  • @jessicapalacios9405
    @jessicapalacios9405 4 года назад +55

    This is the first video I actually understand. Thank you so much

  • @Barddley
    @Barddley 4 года назад +1140

    So buy at a low price. Wait/pray they go up and sell? That simple?!?

    • @HonestFinance
      @HonestFinance  4 года назад +238

      Yup

    • @troylangner7337
      @troylangner7337 4 года назад +283

      NOOOOO, its not a freaking slot machine! I advise seeking true knowledge. Investors underground has a wonderful 7 part beginner series and ziptrader has incredible swing trade information. Never hold and hope!

    • @danielgarcia8757
      @danielgarcia8757 4 года назад +210

      Buy low, sell high

    • @andriod8014
      @andriod8014 4 года назад +49

      Brad honestly the thing I hate about RH is that it attracts people that are destined to lose money.

    • @adilarqib1347
      @adilarqib1347 4 года назад +95

      @@HonestFinance No is not that simple!!!! Be honest with beginners, please. A lot of people lose their money around approx 85%-95%. The market needs knowledge and a lot of studies and practices.

  • @hoops4evagirl
    @hoops4evagirl 4 года назад +12

    new to stocks. my first free share was $200 to microsoft. pretty happy with that!

  • @kamea4023
    @kamea4023 4 года назад +9

    Great videos. Please make an in-depth tutorial on how to read graphs when deciding to buy a stock and also an estimate sample of how much money we can make in investing to 1 stock in 3, 5 to 10 yrs if that’s possible. Thank you.

  • @AP-gp1my
    @AP-gp1my 5 лет назад +21

    This is the most coherent and useful tutorial I have ever seen. Thank you

  • @xexxxxx3658
    @xexxxxx3658 4 года назад +79

    Anybody get that one add at the beginning of the video where the guys like “DONT INVEST IN STOCKS”
    lemme tell you that my heart sank

    • @maariaagueda5359
      @maariaagueda5359 4 года назад +3

      lol use the right market moves meet the right advisor and boom you would be rich in a few years or months depends on how you Invest

    • @chris2162003
      @chris2162003 3 года назад

      Crypto took 1600 from me. Don't waste your hard warned money

  • @russellincoln1380
    @russellincoln1380 3 года назад +46

    i came here to learn how to invest after my my wife racked up close to 10 mil under 2 months, i mean my PhD pharmacy degree is brining in steady checks, but we never can stop learning can we?

    • @russellincoln1380
      @russellincoln1380 3 года назад +1

      @Mirabel Stone oh yes she started out with apps but eventually required the resourcefulness of an advisor, so after series of back and forth trials she met with Lucy Maria Koss, that summed up her beginning.

    • @shannonshuntel2958
      @shannonshuntel2958 3 года назад +2

      thanks for the dialogue you just helped me. i will leave a message across to her asap

    • @ritaparker2630
      @ritaparker2630 3 года назад

      @@shannonshuntel2958 shes super easy to spot on search engines i see!

    • @adamsfueher806
      @adamsfueher806 3 года назад

      @@ritaparker2630 yeah i just found her lol will contact her ASAP!

    • @mr.stealyourgirl1779
      @mr.stealyourgirl1779 3 года назад +3

      Man you actually made me hopeful until you mentioned all your trading guru bullshit

  • @nicolaszaroyan4764
    @nicolaszaroyan4764 3 года назад +4

    So lets say I'm ready to sell my stocks cause they went up, does it happen like instantly or is there a process to selling them? Thanks!

    • @HonestFinance
      @HonestFinance  3 года назад +1

      If you sell them when the market is open, it’s usually almost instant. But if you sell over the weekend, you’ll have to wait until the market is open again.

  • @moonchild7163
    @moonchild7163 3 года назад +4

    I was told that it’s best to buy TQQ & “ETF”
    That it has more momentum . Do you have any videos for beginners?!?! I saw a person on tik tok invested $5 and now he has $2k how can that even happen ?

  • @ImagineTracksMusic
    @ImagineTracksMusic 4 года назад +19

    With the rona virus going around, figure it would be a good time to get into stocks.. Is robinhood a good app to do so? Heard mixed reviews and opinions on it..

    • @HonestFinance
      @HonestFinance  4 года назад +2

      I like them a lot , but that’s my opinion

    • @skylinegtr1286
      @skylinegtr1286 4 года назад +1

      Jack French I’d say so. But I noticed that they went up today again. So maybe not so smart to purchase right now?

    • @Dominx21
      @Dominx21 4 года назад

      Jack French Same

  • @ConsuelaAllen923
    @ConsuelaAllen923 5 лет назад +41

    This is foreign to me. I've watched several videos and didn't learn anything. Lol! But you explain it so well ! Thank you! Subbed!

  • @henryargueta2679
    @henryargueta2679 4 года назад +3

    How long do you have to hold the stock before you sell it? A month? 90 days?

  • @nicolecarson9067
    @nicolecarson9067 2 года назад +1

    I recently signed up how long after you link your bank account are you able to start buying stock

    • @HonestFinance
      @HonestFinance  2 года назад

      It should be within a couple business days

  • @graceboss9089
    @graceboss9089 5 лет назад +13

    I really love how do you explain Robin Hood... I am on the road going to hurt for a year and I never figure out some settings... thanks a lot

  • @ricmadthetwinkslayer2817
    @ricmadthetwinkslayer2817 5 лет назад +6

    my share was tronox holdings for $9.29.
    What do you recommend should i hold?

  • @robbangerz
    @robbangerz 4 года назад

    Is right now the best time to invest in real estate. For example In less then a month stock went down 50%. [ 20$ down to 10$] but the history shows before the pandemic they were steady and going up 28$+. Or should we wait. Or is it high risk and not likely to go back up for several years.

  • @carolvargas6064
    @carolvargas6064 5 лет назад +98

    Thank you! The world of stocks is intimidating and I’m excited to try this. Appreciate your informative video!

    • @HonestFinance
      @HonestFinance  5 лет назад +4

      You’re welcome. It’s not too bad once you just get started

    • @yourneighbor2567
      @yourneighbor2567 5 лет назад

      @Daniel Beck lol

    • @yourneighbor2567
      @yourneighbor2567 5 лет назад +1

      @Daniel Beck no, I just wish I invested 10 years ago.

    • @daijajoe9313
      @daijajoe9313 5 лет назад

      Daniel Beck can you invest less than the USD amount that equals 1 bitcoin? I hope that makes sense im new to the whole stock thing .

  • @erolakhan2579
    @erolakhan2579 4 года назад +5

    I just bought 2K and i made $580 so far but idk what I’m doing if you show us how to play buy sell call put you will be my hero thx for all the video ...

    • @TheRoseWay
      @TheRoseWay 3 месяца назад

      Where can you tell on the app how much you made?

  • @KingStackkz
    @KingStackkz Год назад +1

    Quick question for anyone who know about Robinhood. How do you check the price you bought a stock at? Is there a way?

    • @HonestFinance
      @HonestFinance  Год назад

      Your monthly statements and history will show you or you can scroll down on the stock and it’ll show your buy/sell, dividend history

  • @emilyfranklin8190
    @emilyfranklin8190 2 года назад +67

    How to outperform the stock market; read thousands of annual reports, learn about margin of safety , buy undervalued stocks , insider information and seek professional help.

    • @Patriciacraig599
      @Patriciacraig599 2 года назад +2

      the problem with most investors is seeking instant result instead of being patient. patient is a virtue that is highly applicable in the financial market. its not a get rich quick scheme.

    • @PhilipMurray251
      @PhilipMurray251 2 года назад +4

      @@Patriciacraig599 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name SAMANTHA LEIGH WENTLAND and everything changed. I started enjoying huge returns from my investment.

    • @Patriciacraig599
      @Patriciacraig599 2 года назад

      @@PhilipMurray251 This is really impressive, who is this advisor?

  • @Youngtruckerdee
    @Youngtruckerdee 5 лет назад +4

    When you sell your shares how fast does your money go into your account ?

    • @HonestFinance
      @HonestFinance  5 лет назад

      It’s instant for trading , but it’ll take 3 business days to transfer to your personal bank

  • @blak238
    @blak238 3 года назад

    I got two questions.
    1. If the P/E ratio is blank and the div/yield is blank and I invest, can I still make money?
    2. Which one makes you money, the P/E ration or the DIV/YIELD? Which one should you look for profit

  • @cyclonefn9544
    @cyclonefn9544 3 года назад +12

    I don’t get this so do I just buy a stock and you just have to wait till it goes up?

    • @coachcole7463
      @coachcole7463 3 года назад +2

      @Victoria Wendy how’s that gonna hall buddy

  • @TheBuckeyefan12
    @TheBuckeyefan12 3 года назад +11

    So just to make sure I make sense because I’m still confused on SELLING. For example let’s say I put in $50, I see that stock up $20 but came back down to where I started, $50. Do i sell at $50 or nothing to keep what I at least put in? I know I’m stupid you can go ahead and say it lol

    • @dezz52screamogirl
      @dezz52screamogirl 3 года назад +2

      I’d like to know this too

    • @nicholaswhorf7522
      @nicholaswhorf7522 3 года назад

      It’s a gamble you could either hold and wait for the stock to either rise increasing your share or it could drop decreasing the value of your share the choice is up to you to hold or sell and it all depends on how you think the stock is going to do it could drop them rise significantly it could rise and drop again it’s all just a game that you have to determine how you want to play

  • @brendadilley4703
    @brendadilley4703 Год назад +1

    When you sell does it go into buying power or your acct you use????

    • @HonestFinance
      @HonestFinance  Год назад

      It’ll turn into buying power in your cash account

  • @TheRulesOfAnything
    @TheRulesOfAnything 4 года назад +5

    I am 15 and I am now gaining knowledge about how to buy n sell shares so that I can use it in the future

    • @HonestFinance
      @HonestFinance  4 года назад

      That’s so great that you’re starting young and learning

    • @Ricardo-xb4qs
      @Ricardo-xb4qs 4 года назад +1

      Same here💰🧠

  • @SquirtIeSquad
    @SquirtIeSquad 4 года назад +43

    "Thats just how everything is right now" That has changed very quickly in the past month lol

    • @HonestFinance
      @HonestFinance  4 года назад +3

      Yes it has

    • @brou971
      @brou971 4 года назад

      Would you recommend investing on times like this? Never have invested but I am interested. This tutorial might help me make some extra money.

  • @blondieblu8819
    @blondieblu8819 3 года назад

    I didn’t get any free stock? Signed up a long time ago but just recently added money & started buying. Obviously I should have used a referral link. I only invested $6 but I’m a broke nursing student & figured I’d build a portfolio slowly, wish me luck please!

  • @LB-dh1zd
    @LB-dh1zd 5 лет назад +7

    Bro good stuff literally i have no experience in stocks and this answered every question i had

    • @HonestFinance
      @HonestFinance  5 лет назад

      You’re welcome. I’ll try to answer your questions if you ever have any :)

    • @sirsergio4663
      @sirsergio4663 5 лет назад

      Nic Will
      loco292_YT how are the stocks going for you? Is there money you made so far?

  • @tamyrawilliams4797
    @tamyrawilliams4797 4 года назад +52

    i turn 18 this month in june so i’m doing research as of now. hopefully i’ll get lucky to help pay off student loans because i will be a freshman in college in august edit: feel free to leave some tips please!

    • @briannaguudwin2605
      @briannaguudwin2605 4 года назад +7

      Yassssss start early sis, and trust me u will be thankful u did🙏🏿 soak up as much info u can

    • @Iendleasereit
      @Iendleasereit 4 года назад +1

      Trade cautiously!

    • @michellearteagaa
      @michellearteagaa 4 года назад +1

      Same I turn 18 in August

    • @CliftonPhotographer
      @CliftonPhotographer 3 года назад

      Considered a bit like gambling only put in when you can afford to lose. I would also recommend investing in some substantial stocks like Amazon or Google and taking some risks on other stocks that you hope will go up.
      But always remember there's a risk.

    • @pyrofestimo
      @pyrofestimo 3 года назад +6

      Buy low, sell high. Don't sell until at least it turns green.

  • @asiyasharif3063
    @asiyasharif3063 4 года назад +1

    So quick question...every month you have to put in the company you are investing in? And like for how much? Is it the same amount you bought it for or?

    • @HonestFinance
      @HonestFinance  4 года назад

      You don’t have to invest every month. If you do, it’ll be for whatever the current price is

  • @tongvang724
    @tongvang724 4 года назад +7

    People keep saying buy low sell high. So, if I buy a share at $25 and its rising to $26, so meaning i should sell it for $30????

  • @beneachus4901
    @beneachus4901 3 года назад +2

    I’m doing some research before I download the app and this helped me a lot. Thank you!

  • @bryanrvr03
    @bryanrvr03 4 года назад

    Do you need a broker account to use robinhood or i mean getting the money to your bank or is it all connected directly. Little confuse on that or can I just go in without one?

  • @pedropio3838
    @pedropio3838 3 года назад +2

    A really good video bravo, not many how the idea on how to trade options due to its overwhelming and confusing nature of trade.

  • @HonestFinance
    @HonestFinance  5 лет назад +24

    Enjoy the Robinhood tutorial. I hope it helps.
    And here's a playlist to watch more Robinhood videos: bit.ly/RobHood_Playlist

    • @Thebrycelong
      @Thebrycelong 5 лет назад +1

      Honest Finance yes thanks for the vid!

    • @HonestFinance
      @HonestFinance  5 лет назад +2

      Thanks for the comment . I’m glad you can see cuz that was a concern of mine along w the different microphone

    • @Thebrycelong
      @Thebrycelong 5 лет назад +1

      Honest Finance it was very well made, good overview, looking forward to more content like this

    • @proudtobewhiteprivileged9530
      @proudtobewhiteprivileged9530 5 лет назад +3

      friends don't let friends own sprint stock

    • @D9Beats
      @D9Beats 5 лет назад +1

      Honest Finance this video is awesome! I really like how you can see your phone in real time. Yah, I’ve never gotten a free stock that’s more than 5 bucks haha

  • @BusyBrainyBody
    @BusyBrainyBody 3 года назад +1

    I bought Doge coins and my stocks are more than doubled now 😁 I’m so excited.
    Should I cash it out and rebuy at a lower date? Or just let it grow?

    • @kingkongz84
      @kingkongz84 3 года назад +3

      Dogecoin doesn't seem to have much long term potential in my opinion.

  • @SS-ib9po
    @SS-ib9po 2 года назад +1

    I was one of the lucky ones. I received a $200+ free Visa stock

  • @MyaBritish
    @MyaBritish 4 года назад +8

    my first free stock pick was Visa valued $203 a share ;)

  • @endgamesurvivor7257
    @endgamesurvivor7257 2 года назад +1

    so how much money do you get for selling like in your bank account

  • @NateOBrien
    @NateOBrien 5 лет назад +349

    Great video! I love Robinhood

    • @HonestFinance
      @HonestFinance  5 лет назад +15

      Thanks. For individual stocks and ETF’s it works and it’s easy. Great job w your channel by the way. It’s awesome seeing us all start to grow :)

    • @jameswalker9999
      @jameswalker9999 4 года назад +4

      Trading as a beginner was very difficult due to lack on trading experience, this resulted in losing my funds though I've been able to recover all that I lost, all thanks to Mr Charles_forex09 at Instagram , i never knew good trader still existed till I come in touch with him.

    • @mariebendanillo6383
      @mariebendanillo6383 3 года назад

      Kudos for the Video clip! Forgive me for the intrusion, I would love your thoughts. Have you heard the talk about - Aoyincoln Telepathic Authority (search on google)? It is a smashing one of a kind guide for turning one thousand into two thousand five hundred dollars in a day without the normal expense. Ive heard some unbelievable things about it and my good mate called Gray after many years got amazing success with it.

    • @domvon7561
      @domvon7561 3 года назад

      @@HonestFinance if2oi7l)

    • @OnlyKent
      @OnlyKent 3 года назад +11

      Not anymore you don’t lol

  • @TheMuzikTrail
    @TheMuzikTrail 3 года назад +3

    If I sell my stock, does the value hit my bank account?

  • @balance3809
    @balance3809 4 года назад +1

    So once you get money from your stock that you profited from you can do what you want with it and spend it anywhere?

    • @balance3809
      @balance3809 4 года назад +1

      Do I have to pay taxes?

    • @HonestFinance
      @HonestFinance  4 года назад +1

      Yes you do

    • @HonestFinance
      @HonestFinance  4 года назад +1

      Ya. You can transfer the money right to your bank and spend it however you want to

  • @sebadaba
    @sebadaba 4 года назад +3

    Thanks for the tutorial video. I've had Robinhood over a year but haven't traded at all. 😅 Now I know how.

    • @HonestFinance
      @HonestFinance  4 года назад

      Good luck trading and thanks for watching!

  • @YourHostAishaPrendy
    @YourHostAishaPrendy 4 года назад +11

    Curious beginner - when I invest - stocks gains profit - I sell, the money goes to my bank account?

    • @HonestFinance
      @HonestFinance  4 года назад +6

      It’ll go into your cash account, then you can deposit to your bank

  • @raffy6767
    @raffy6767 3 года назад +1

    What order type would you recommend for someone who is willing to hold a share for many years ?? I am not thinking of selling any stock just shareholding for years to come . Which order type is best for that ?

  • @kendrickmaslow3085
    @kendrickmaslow3085 4 года назад +60

    I have been trading for about 6 months now and just about every trade backfires and slaps me in my face. Nearly impossible for me to catch more than a few points . I try to do top down analysis but it doesn't work for me . I say to myself, clearly I'm in the 90% that lose money, so I open a demo account, do my analysis, then take the opposite of what I would normally take and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?

    • @kendrickmaslow3085
      @kendrickmaslow3085 4 года назад

      @Ray smith You're correct, I don't lose money every single trade, but my main problem is trying to let my runners run. Very rarely do I catch big moves . Instead they go a few pips in my direction, then go against me if when I try holding them. Also my entries could use a lot of improvement. A mentor would be amazing, but getting one is easier said than done. If it's not too much to ask, do you know any legit ones?

  • @jokergoodner7052
    @jokergoodner7052 3 года назад +42

    Starting early is the best way getting ahead to build wealth, investing remains a priority the stock market has plenty of opportunities to a decent payout with the right skill and proper understanding of how the market works.

    • @clintonj.johnson9879
      @clintonj.johnson9879 3 года назад

      Bitcoin has been huge news lately with many people investing in it and seeing a great return on their money.

    • @godblessamerica6151
      @godblessamerica6151 3 года назад

      I am a huge fan of crypto I hold a few coins in my wallet.

    • @godblessamerica6151
      @godblessamerica6151 3 года назад

      I recently bought bitcoin worth of $4,000 and I hope it increases within a short period of time.

    • @jessieandres2306
      @jessieandres2306 3 года назад

      I certainly will profit alot at the end of this bull run bitcoin is having now, I invested $10k four months ago.

    • @sandrabutcher4009
      @sandrabutcher4009 3 года назад

      How does bitcoin investment really works, I'm ready to invest huge in it now.

  • @fernandotrejo1425
    @fernandotrejo1425 3 года назад +1

    So when I invested and I have 1 share at low price should I buy more at low and then sell my shares when they are higher? When I invest if it goes down I’m losing what I invested right? Do I have to put more money in or just sell it?

    • @HonestFinance
      @HonestFinance  3 года назад +1

      It’s up to you and your goals. Usually buy low, sell high is the simple strategy, but you’ll probably need to keep invested for a long time

  • @faithjones2770
    @faithjones2770 3 года назад +3

    If I sell a stock does the money into my account or do I have to wait until somebody buys it?

    • @HonestFinance
      @HonestFinance  3 года назад +2

      If the market is open, it’s usually instant when you sell shares. The money will always take two trading days to settle

    • @mujtabakhan7380
      @mujtabakhan7380 3 года назад

      Thanks 🙏🏽 though where you see the earnings (profit) what you just sold

  • @BrendanWhelan
    @BrendanWhelan 4 года назад +2

    Random question. If you say trade and only hold a stock briefly and sell it, do you still get the Dividends? Or would you need to hold it for a year?

    • @HonestFinance
      @HonestFinance  4 года назад

      You just need to hold it until the company issues a dividend. Look them up online and you can see the history.

    • @HonestFinance
      @HonestFinance  4 года назад

      Most companies pay a dividend 4 times per year, so keep that in mind

  • @Azjedi13
    @Azjedi13 4 года назад +6

    do you get a seperate account just for this or is it safe to just connect it with your checking ?

  • @Indoorsy_Dog_Person
    @Indoorsy_Dog_Person 4 года назад +4

    We just signed up, waiting for our money to transfer. If we use our buying power listed before the bank deposit goes through, is there interest on that like margins?

  • @MilkmanCR
    @MilkmanCR 3 года назад +1

    1:02 How you can tell this youtuber is a good and honest guy

  • @brandonp.8544
    @brandonp.8544 5 лет назад +5

    Quick question, do you have to wait a couple of hours/days to sell your stock, or can you sell it instantly on here?

    • @HonestFinance
      @HonestFinance  5 лет назад

      It’s pretty much instant if the market’s open

  • @izzymoreno256
    @izzymoreno256 4 года назад +5

    I just signed up and got a free share for Siri, I'm excited to learn all about investing! 🙌🏼

  • @ChibindBrothers
    @ChibindBrothers 3 года назад

    Lots of people like to start up using ROBINHOOD because it’s so easy to use and pretty self explanatory. It’s only takes like 10min to sign up. We all started with Robinhood at first. Good job going through how you can quick research a company on the platform. 👏

  • @YellowCase2024
    @YellowCase2024 5 лет назад +5

    If you sell those two stocks, white does the money go? Into your robinhood account? Or, back into your bank account?

    • @HonestFinance
      @HonestFinance  5 лет назад +1

      It stays as cash inside Robinhoods holding Account . You can then transfer it to your bank

    • @eastonbertoni2164
      @eastonbertoni2164 5 лет назад +1

      @@HonestFinance do they take any of it?

    • @HonestFinance
      @HonestFinance  5 лет назад +4

      No they don’t. It’ll just sit and do nothing u til you transfer to your bank or buy some shares

  • @Wavyslim
    @Wavyslim 4 года назад +3

    So let’s say I sell a share. Would I able to deposit the money I get directly into my bank account?

    • @HonestFinance
      @HonestFinance  4 года назад +4

      Yes. You just always have to wait 3 trading days before you can transfer the cash

  • @dillonstudios3390
    @dillonstudios3390 3 года назад

    My cousin uses robinhood and he really likes it. I am in middle school and trying to understand the basics of the market and start investing. Thanks for the vid

  • @evangarza2309
    @evangarza2309 4 года назад +45

    just got my first stock, bought some microsoft in hopes they purchase tiktok, wish me luck :)

    • @HonestFinance
      @HonestFinance  4 года назад +1

      Good luck!!

    • @mark7gti125
      @mark7gti125 4 года назад +2

      Might as well buy walmart stocks too then lol

    • @evangarza2309
      @evangarza2309 4 года назад

      @@mark7gti125 haha my microsoft stock has been doing great, not a bad idea

    • @mark7gti125
      @mark7gti125 4 года назад

      evan garza walmart and microsoft teaming up to buy the tiktok app..cool u have microsoft

    • @mckinleynoys4001
      @mckinleynoys4001 4 года назад

      evan garza have you made any money?

  • @sk8tb1
    @sk8tb1 4 года назад +5

    The app is downloading now. And im a beginner so far what ive read is that. This app is like a bank account. I select the amount that i want to have for example 1k. And i buy the stocks that i want and when im out of balance robinhood will say. Ohh time to put more money.

  • @kyraa4699
    @kyraa4699 4 года назад +1

    This might be a dumb question but... If you sell your stock in robinhood would you have to pay taxes on that profit even if you don't transfer your profit to your bank account and just keep it in robinhood to buy another stock?

    • @HonestFinance
      @HonestFinance  4 года назад +1

      Ya you’ll have to pay taxes on any gains even if they stay in your brokerage (robinhood account)

    • @kyraa4699
      @kyraa4699 4 года назад

      @@HonestFinance ok cool thanks!!!

  • @kayhix7603
    @kayhix7603 5 лет назад +7

    I'm excited to get started, was feeling super intimidated

    • @HonestFinance
      @HonestFinance  5 лет назад +5

      Just start. It’s not too bad at all

    • @slywitit7482
      @slywitit7482 5 лет назад +2

      Same

    • @slywitit7482
      @slywitit7482 5 лет назад

      Thank you

    • @sirsergio4663
      @sirsergio4663 5 лет назад

      Tee Hix
      Nic Will
      loco292_YT how are the stocks going for you? Is there money you made so far?

  • @alanway5
    @alanway5 4 года назад +14

    how do you buy from less known companies? it''s always apple, netflix, pepsi but they already got pretty high.

    • @HonestFinance
      @HonestFinance  4 года назад +4

      Just do the same research for the smaller companies

  • @t0xicd00m9
    @t0xicd00m9 4 года назад +2

    I got a visa stock worth over $200 from the free stock you get when linking your bank account! This video helped out a lot, thanks!

    • @HonestFinance
      @HonestFinance  4 года назад

      That’s awesome!! Congrats and good luck!!

    • @heidimartinez4077
      @heidimartinez4077 4 года назад +1

      Me too! I guess we’re one of the lucky ones!

  • @nicwill8525
    @nicwill8525 5 лет назад +17

    Thank you. I’m very new to stocks. This was helpful

    • @HonestFinance
      @HonestFinance  5 лет назад

      You’re welcome.

    • @sirsergio4663
      @sirsergio4663 5 лет назад

      Nic Will
      loco292_YT how are the stocks going for you? Is there money you made so far?

  • @Crazy4cake1114
    @Crazy4cake1114 4 года назад +18

    Say I am selling a stock worth 10$. If I set a limit order to 15$, will it auto wait and if the company ever reaches 15$ it’ll sell?

    • @HonestFinance
      @HonestFinance  4 года назад +4

      Exactly. If they reach $15 by the specified date, then it’ll execute

    • @Chellie4561
      @Chellie4561 4 года назад +3

      @@HonestFinance So what happens if it doesn't reach the amount by the execute date??

    • @HonestFinance
      @HonestFinance  4 года назад +3

      Then it won’t do anything

  • @unclewreckum4504
    @unclewreckum4504 3 года назад

    I do not see a referral link 🤷🏻‍♂️ sorry for my lack of knowledge but I want to learn or start investing from my phone for small amounts to keep for long term. I am watching this video to learn about robinhood and learn what to do. But I did not see the link you were talking about

  • @ernieluevano289
    @ernieluevano289 3 года назад +3

    I have a question how does the money come to you does the bank give the money to you? Orrr

    • @HonestFinance
      @HonestFinance  3 года назад +4

      You attach your bank account so you can deposit and withdraw

    • @ernieluevano289
      @ernieluevano289 3 года назад

      @@HonestFinance thanks brother!

  • @jacob-bu1ou
    @jacob-bu1ou 4 года назад +4

    Any tips for a 17 yr old looking to gain more knowledge before i head into the market once im 18 this august

    • @HonestFinance
      @HonestFinance  4 года назад +3

      Start by reading “The Intelligent Investor”. There’s also lots of RUclips content to learn from as well

    • @italiancapo7
      @italiancapo7 4 года назад

      Honest Finance that book is outdated. There are newer books with more relevant info.

  • @ryanforcier8840
    @ryanforcier8840 3 года назад +1

    Once you sell a stock how long does it take for the funds to be available to make a cash withdrawal.
    Another question. So I bought a stock at 58.00$ it now is trading at 110$ if I sell will I get 110$ that I can withdrawal for cash?
    Thank you!

    • @HonestFinance
      @HonestFinance  3 года назад

      It takes two trading days to settle before you can withdraw. And yes you’ll have $110 if you sell it for that much

    • @ryanforcier8840
      @ryanforcier8840 3 года назад

      @@HonestFinance what are your thoughts on ETC. I SEE ITS DROPPING NOW. 😬

    • @HonestFinance
      @HonestFinance  3 года назад

      Your call. I think it’s too high, but maybe it’ll keep going up

  • @michaelhardy2920
    @michaelhardy2920 4 года назад +4

    My first free share was Berkshire Hathaway for $227 it’s say I have to wait 3 trading days what does that mean?

    • @HonestFinance
      @HonestFinance  4 года назад +1

      Congrats!! You just need to wait 3 trading days before you can sell it

  • @joshherrin9209
    @joshherrin9209 4 года назад +8

    So wait what you buy a share/stock and depending on the company because it is always fluctuating they pay you back a percentage of that share/stock and over time it pays itself of depending on the fluctuating of the company then eventually you will be in profits if everything goes right?

    • @HonestFinance
      @HonestFinance  4 года назад +4

      Yes. If they make money, you’ll make money

  • @JJEWEL-wh9dw
    @JJEWEL-wh9dw 2 года назад +1

    what if there’s nothing written in the p/e and DIC/yield ratio? Should you not invest?

    • @HonestFinance
      @HonestFinance  2 года назад +1

      Lots of companies don’t pay dividends and that’s okay. And newer companies often don’t have p/e listed in the beginning. Investing in them is up to you

  • @loco292YT
    @loco292YT 5 лет назад +12

    Hey man, great job... I’m super new to stock and you explained it AMAZING!!!

    • @HonestFinance
      @HonestFinance  5 лет назад +1

      Thanks!!

    • @sirsergio4663
      @sirsergio4663 5 лет назад

      loco292_YT how are the stocks going for you? Is there money here?

  • @timm2020
    @timm2020 4 года назад +11

    Can you set an amount to sell at? Like if I buy a share for $10 can I set it to sell when it hits $20?

    • @HonestFinance
      @HonestFinance  4 года назад +5

      Yes you can. Just set a limit order

  • @Motown-nu5to
    @Motown-nu5to 3 года назад +2

    Should you sale same day if it made Profit or hold?

    • @HonestFinance
      @HonestFinance  3 года назад

      It’s up to you

    • @Motown-nu5to
      @Motown-nu5to 3 года назад +1

      Honest Finance i wont get flagged if im new on robinhood for buying and saleing same day?

    • @HonestFinance
      @HonestFinance  3 года назад

      No, but there are limits on day trades.

    • @HonestFinance
      @HonestFinance  3 года назад

      Scroll down to the bottom of the “investing” tab in your settings and you’ll see the day trading info

  • @tmoney458
    @tmoney458 5 лет назад +4

    Thank you! Not in stocks yet but soon. Great video and info!!

    • @HonestFinance
      @HonestFinance  5 лет назад +2

      Thanks. I was worried about this video because the microphone wasn’t perfect with the screen shots, but I’m glad everybody’s liking it

  • @Toxicmenace2025
    @Toxicmenace2025 4 года назад +6

    I don’t know what’s more exciting listening to this guy or watching paint dry

  • @Lover-ur4te
    @Lover-ur4te 4 года назад +2

    so i have stocks on Robinhood but i don’t trade them daily. i’d been planning on seeing if they multiply over time. should i start trading and buying and selling daily?

    • @HonestFinance
      @HonestFinance  4 года назад

      Long-term is usually a better strategy, but it’s really your choice

  • @jasonvandergriff7809
    @jasonvandergriff7809 4 года назад +37

    When setting a limit buy or sell, I've been selecting extended hours, and setting it for the 90 time period, instead of market hours, trading day only. Is there an advantage or disadvantage to this method?

    • @RagedRatMan
      @RagedRatMan 4 года назад +2

      did you figure it out?

    • @lisacartwright5836
      @lisacartwright5836 2 года назад

      Hello everyone I’m here to share a good news with you, I’ve been scam several times, but the moment I met @cryptosminner.maundaland.fx on Instagram she was so real and amazing, I earn $52,500 with just $5,000 I believe you can also do it contact her @cryptosminner.maundaland.fx

  • @anaglez9387
    @anaglez9387 4 года назад +3

    Thank you so much for showing step by step! New subscriber! 🤗And definitely watched all the ads

    • @HonestFinance
      @HonestFinance  4 года назад

      I’m glad the video helped and thanks for subscribing

  • @Eye-Wandering
    @Eye-Wandering 4 года назад

    Is it a good idea to sell all your shares right now cuz the world is basically dying especially the stocks are going down so hard right now cause of CORONA virus?

  • @MrJules409
    @MrJules409 5 лет назад +7

    When you sell your share(s) does the money go to your Robinhood account first or straight to your bank/credit union?

    • @HonestFinance
      @HonestFinance  5 лет назад +3

      It goes into your cash account in Robinhood. It’ll never go straight to your bank

    • @MrJules409
      @MrJules409 5 лет назад +1

      @@HonestFinance thanks

    • @MrJules409
      @MrJules409 5 лет назад +1

      Ok I sold some stocks and it says the funds are withdrawable. I attempted to transfer to bank and got hit with a $9 reversal fee. Am I supposed to wait x amout of days before I can put it back In bank?

    • @Jason-on3vs
      @Jason-on3vs 5 лет назад

      MrJules409 wait three business’s days for it to be transferred to your account (savings or checking account)

  • @malikpbhussian14
    @malikpbhussian14 4 года назад +7

    Had to pause the video to say...I thought I new the app well enough. But shit this video is like that! Great info straight to the point.