Robinhood Recommended Portfolio Review- Something For Everyone

Robinhood is infamous for being the easy place to day trade stocks that are "going to the moooon" 🚀🚀🚀 but recently I learned they have a more diversified and hands off approach to investing for retirement: Recommended Portfolios. They take a similar approach to many other popular investing services and simply ask you a few questions about your current income and investments, then recommend you a diverse mix of stocks and ETF's that are tailored for the goal and preferences you specified. It's very easy, convenient, and is probably wiser than the individual stock picking many people choose to do on the platform. Today I show the Robinhood Recommended Portfolio that they made for me and even invest a bit of money into it to test it out and show you what the service is like. ⏱Handy Timeline: 0:00 Robinhood's Recommended Portfolio 0:22 How do you want to invest 0:33 Financial Questions 2:54 Customer Disclosure fine print 4:43 Robinhood Portfolio finalizing 5:45 Stocks vs Bonds mix 6:25 Recommended Portfolio example 8:02 Why we can't change the portfolio mix 9:50 Recurring Investments 10:30 My opinions 11:19 Robinhood video 11:23 Secrets Sign up for Robinhood with my link and we'll both pick our own gift stock 🎁 https://join.robinhood.com/brendab533 I reserved my spot for the new Robinhood Gold Card! Here’s my link so you can get access, too. https://robinhood.com/creditcard?referral_code=fc6557aa (Affiliate Links offer a financial incentive that supports my work, but doesn't cost you anything extra. Please note these links are affiliate links^) ===== 📗Easily learn all the essentials of stock market investing in a single afternoon: https://brendan-s-site-0fd7.thinkific.com/courses/Investing ⧉Join this channel to get access to perks: https://www.youtube.com/channel/UCVaO3-9dDkesDFAFrvqvcFg/join Digital Products I made for you: Relationship Money Plan: https://brendanevan.gumroad.com/l/RelationshipMoneyPlan Net Worth Tracker: https://brendanevan.gumroad.com/l/ZCeXo Budgeting Spreadsheet: https://brendanevan.gumroad.com/l/BrendanBudget2022 New Investor Checklist: https://brendanevan.gumroad.com/l/InvestingChecklist Better Goal Template: https://brendanevan.gumroad.com/l/Goals Memento Mori Life Grid: https://brendanevan.gumroad.com/l/BFAM-MementoMori My Free Newsletter: https://brendanevan.substack.com/ My Early Retirement Projection Spreadsheet: https://brendanevan.gumroad.com/l/RetireEarly ===== The Investing Apps I Recommend: 📈M1 Finance Investing: (Get up to $100 when you start investing today! *eligibility requirements apply* To get it, invest at least $100 in an individual account or at least $500 in a retirement account) https://m1.finance/td-bpuTpiT9T 👨‍💻Data made easy with Fennel, the superpowered investing app: More info or a free trial without a credit card here: http://fennel.sjv.io/c/2906384/1959471/20785 🐿Start investing with Acorns! Best app for beginners! Get $5 when you use my invite link: https://acorns.sjv.io/P0bQDY 🤿Want to dive deeper with an investing service built for the pros and available to everyone? Check out Interactive Brokers: https://www.interactivebrokers.com/mkt/?src=brendanevanPY1&url=%2Fen%2Fwhyib%2Foverview.php 📊Get 2-12 free stocks with WeBull after you make your first deposit! (The best app for getting free stocks. Remember, you MUST link your bank account or you get no free stocks!) https://www.webull.com/k/BrendanEvan 👩‍🏫 Learn more with Skillshare, my favorite online learning platform: https://skillshare.eqcm.net/c/2906384/298081/4650 ===== 📥Contact me here for business purposes: Brendan@brendanevan.com #BrendanEvan Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support! As an Amazon Associate I earn from qualifying purchases. Updated Acorns Affiliate disclosure as of 4/9/24: Paid ad. Compensation provides an incentive to positively promote Acorns. The information and opinions presented are for informational purposes only and represent the views of the promoter as of the date created and are subject to change. Investment advisory services offered by Acorns Advisers, LLC, an SEC-registered investment adviser. View important disclosures at https://www.acorns.com/brendan/ and Acorns.com.