New Robinhood Gold Update and Features 2019 (BEST UPDATE EVER) - YouTube

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Robin Hood just came out with a new update just two days ago and I heard
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about this just yesterday so let's just jump right into it and see what's
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brand-new about this update so real quick my portfolio as you can see is up
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to four thousand $19 that's I'm gonna save that for another day today is just
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gonna be specifically about the new Robin Hood gold and their brand new
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update but the four thousand dollar portfolio video will be coming out soon
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and I'll let you guys know what I've done to get to that amount let's just
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get straight into it if you guys are brand new to investing I don't recommend
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you guys to try out Robin Hood gold basically Robin Hood gold you are
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borrowing money that is not yours you're boring money from Robin Hood and you
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have to pay interest on it and if you guys don't know how to invest or
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anything like that you're most likely gonna lose money in the long run and if
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you guys are trying to do penny trading with bard money that's not gonna work
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out so I don't recommend it if you guys are brand new but if you have been
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investing for about a year or so maybe even less than a year if you're if
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you're not a really risky investor and if you do more swing trading instead of
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day trading Robin Hood gold might be something worth it for you basically
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this update they've revamped their Robin Hood gold program as you might call it
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so I already switched over I switched over yesterday when I found out that
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they did do this brand new update and I have to say that I'm really enjoying the
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new update it's a lot cheaper than before before I was paying about $10 for
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borrowing two thousand dollars and now I think I'm be I'll be paying like maybe
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eight to nine dollars every month so with the new Robin Hood gold basically
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you're paying a premium a five dollar premium minimum for some brand new
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features such as a research instant transfers trading on margin and soon
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you'll also be getting a level two trading so let's go through some of the
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commonly asked questions so I can give you feedback on some of the answers so
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already answered what is Robin Hood gold it's a premium feature from Robin Hood
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if you try it out for your first 30 days you can get you can
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for free how much does it cost it will cost $5 per month and you'll get all the
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premium features and your first $1,000 will also be covered with that
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five-dollar premium and if you're borrowing more money they'll charge you
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an interest rate of 5% yearly and like I was saying before if you're brand-new to
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investing in general you should not be trading with margin so you can actually
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use Robin Hood gold without doing the margin trading and you can still use the
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research feature the instant transfers feature and the level to trading level
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to trading isn't accessible right now so that's still coming soon so now you have
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the added benefit of turning off margin trading which is Robin Hood still
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commission free trading so yes Robin Hood is still Commission free trading
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you do not have to join the Robin Hood gold program to have the Commission free
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trading that's already built into the platform how do I downgrade from Robin
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Hood gold basically you just go into the settings and you can just turn it off
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it's really easy just look around really quickly and I might show you that later
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on in the video so now let's move on to the more important features of the new
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Robin Hood gold premium program so this is the brand-new feature with the new
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Robin Hood gold you have professional research from a specifically Morningstar
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Morningstar is an independent investment research company they do research on
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more of the popular stocks on Robin Hood so I'm gonna show you an example of some
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of the professional research that Morningstar will offer so this is AT&T
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one of my go-to stocks I'm buying this stock almost weekly right now is great
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for dividends so if we look at the dividend yield
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it's about 7% but I think it's right now is closer to 6% if we scroll down just a
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little bit further you can see the research report and this is just a quick
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snapshot of Morningstar's analysis just a quick headline we remain
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skeptical of AT&T strategy but we like the wireless and media segments
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Morningstar rating 4 out of 5 stars and this was updated about five days ago
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economic moat is narrow basic basically economic moat refers to how much of a
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business advantage or competitive advantage a certain scum pannier as over
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every other company within that industry and the economic moat for AT&T is narrow
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that means is a small competitive advantage compared to t-mobile Verizon I
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think that's it when it comes to American telecommunications so when it
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comes to fair value 18t fair value is thirty seven dollars and eighty auntie's
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trading right now at 32 dollars and 16 cents so it's well below the fair value
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mark you guys can take that for what it is and potentially even profit from that
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when it comes to uncertainty and stewardship it also goes into full
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details and full analysis all you have to do is read the full report I already
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went through this yesterday it is very very detailed there is a lot of
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information here like I'm just scrolling through here you guys can see that this
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is pages and pages worth of data this information is most likely publicly
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available but Robinhood makes it a lot easier for you to research and do
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everything through the Robin Hood app which is a brilliant idea in my in my
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opinion so now you guys can benefit from all that research Morningstar does you
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can use this and even do your own research on top of this so how often do
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the reports come out typically they come out when when earning calls come out or
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some big news comes out from that certain stock or company and to access
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all those reports all you have to do is just go into the stocks scroll down and
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look for that gold stamp right next to the report so when it comes to instant
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deposits so now you guys have more access to a bigger instant deposit
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before the update my instant deposit was roughly around I think $1,000 and now
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this up to my deposit up to $5,000 so this makes it really easy if you want to
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buy certain stock right away instant deposit really helps so for every gold
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user you have an instant deposit of 5000 and as your portfolio grows 10,000
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25,000 50,000 you also reach that next level and so if you have a ten thousand
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dollar portfolio value you can access to ten thousand and so on and so on so
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margin investing you're borrowing money from Robin Hood to invest so this lets
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you invest more money your money and also Robin Hood's money for more
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potential gains and also more potential losses and I recommend you guys to have
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enough money to pay it back before you even borrow it so so make
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sure you have enough money in your emergency fund or savings to pay them
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back if you're planning to borrow a lot of money because trading penny stocks is
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very risky doing any type of investing is very risky and and there is a
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potential to lose money when it comes to trading in the stock market how do I pay
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for margins so that $5.00 for the Robin Hood gold you get $1,000 of margin
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trading and anything you bar above that you're paying 5% yearly on that that
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helped reduce my costs per month so anything you borrow over that $1,000
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limit you'll be paying 5% yearly on that so with the new update you guys can turn
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off margin if you're not comfortable trading on margin so to access your
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margin settings in Robin Hood all you have to do is go into your portfolio tab
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and go into settings Robin Hood gold and at the top you can see there's like a
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toggle button that says margin investing on so you can disable your margin
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investing by clicking that red prompt there all the way at the bottom that
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says disable margin investing and you can even toggle your borrowing limit
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here so let's say you want to set a borrowing limit of 3,000 you can see
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that a borrowing limit now is that $3,000 so now you get a lot more control
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when it comes to your margin investing so this is really great for beginners
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make sure you set your limits before you start investing and lastly level to
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market data this has not come out on Robin Hood yet but it is coming soon
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according to them not sure when that is if they do this right this is really
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going to take Robin Hood to the next level
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so I'm gonna give you an example of what level 2 data looks like on another
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application so I'm gonna log in to my buy Nantz and I'm going to show you what
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it looks like on the by net app i think - does it very well this is my finance
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app and i'm gonna go into the trade section here on the bottom so on the
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right side you can see you can see the asking price and you can see the selling
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price and also here on the bottom e on the bottom left you can see the spread
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on the bids and the ask as well if Robin Hood does it I think it'll look
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very similar to this so all this is just basically more tools to help you decide
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when is the right time for you to sell or buy certain stock if you want to use
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level 2 data you guys can we find that on other sites if you if
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you're really into level 2 data and all this price action research and stuff you
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guys can't download thinkorswim and make sure you're using a computer or a
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desktop or a laptop screens is a lot bigger and this would be a lot easier to
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read doing it on a mobile device screens too small
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you guys might you guys might miss something especially on the charts
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because it's the charge of so small to read this update seems very small but I
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think this will really help out a lot of the brand new investors that are just
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jumping into investing in stock market for the first time it'll be a lot easier
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for them to get all that research from Morningstar instead of just like you
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know not even doing any research at all I know a lot of beginners are just
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copying my portfolio or anybody else's portfolio that they're they're just
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watching on youtube I don't recommend anybody to do that I think it's better
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to do your own research because everybody's different everybody has
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different risk tolerance other than that limit increase that is uh that is a big
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bonus especially if one of your stocks go on sale you guys want to have access
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to all that money so you can buy that stock on sale and even swing trade or or
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just keep it for the long term next is the margin trading I'm not too much of a
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margin trader I think I'm at the moment I'm borrowing about two thousand dollars
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and with that two thousand dollars I'm invested in dividend stocks and I used
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dividend payouts to pay back that margin trading and I collect the difference
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I'll link a video here so you guys can check that out if you're interested in
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that strategy and I don't recommend that strategy especially if you don't have
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any money to pay back that market trading if you do start to lose money on
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your stocks and when it comes to level 2 data the more tools you have in your
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belt is the better but I'm not too much of a day trader so I don't really see
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too much advantage of that for myself so I hope you guys enjoyed that analysis of
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the new Robinhood gold and their brand new update that they just released a few
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days ago my name is Bruce Wayne again if you guys enjoyed the video don't forget
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to leave me a like subscribe for more content just like this I come out with
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at least three videos every week my subscriber base is growing very large so
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welcome to all the new subscribers and hit that Bell icon to join a
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notification squad and I'll see you guys in another video bye