In partnership with

Digital Trends may earn a commission when you buy through links on our site. Why trust us?

This content is sponsored. Digital Trends works closely with advertisers to highlight their products and services to our readers. Although this article is informational and not opinionated, it reflects thorough fact-checking by our team to ensure accuracy. Our dedicated partnerships team, not external advertisers, crafts all sponsored content in-house. For more information on our approach to sponsored content, click here.

You can invest in under 10 minutes with Robinhood

Robinhood

When it comes to the stock market and general investments, a return is not always a done deal. However, as of the end of November 2023, the S&P 500 has posted a total annual return of about 21%. That means if you had invested in the S&P ahead of 2023, you’d now be sitting on some decent profits. As we head into 2024, that should be hot on your mind, and you might want to start thinking about investing. Of course, that also means putting money aside to invest, opening an account with a broker, and doing some research on what stocks to buy. Surely, there’s a simpler method? Cue Robinhood, a convenient mobile investing app, which you may or may not have already heard about.

You can install Robinhood on virtually any of your mobile devices, from your phone to your tablet, and with a few quick taps, you’re well on your way to a brighter future. Not only is it one of the best investment apps for iPhone and Android, but it’s also one of the best investment apps for beginners. Sure, stocks can go down, and if you’re not doing the right research, you can lose money, but that’s why you want to follow the snowball effect*. Make little investments here and there, which eventually add up over time. And the easiest way to do that is on mobile, specifically within an app like Robinhood. But stocks aren’t the only assets you can invest in with Robinhood, so let’s take a closer look.

Try Now

Make your move: Invest in your future

With Robinhood, you can dive right into the investing world quickly and easily, and there are no commission fees. That’s always a benefit, but it helps to know when and where you should put in money. Here are the investment opportunities that Robinhood offers:

  • Crypto — Start with as little as $1 and invest in popular cryptocurrencies like BTC, ETH, DOGE, SHIB, and more.
  • Retirement — Thanks to Robinhood’s IRA option, you can plan for retirement with custom portfolios and a 1% match for your deposits.
  • Cash Card — It works similarly to a bank-operated debit card, only it’s connected to your Robinhood account. As you spend with the card, more is invested into the options you choose.
  • Stocks — As you might expect, you can invest any time with the tap of a button in your favorite companies and stocks, from Apple to GameStop.

There are no minimums and you can begin investing as soon as you sign in. You will need to deposit some money into your Robinhood account, of course. You can also earn free stocks and rewards by referring others to the app.

Robinhood Gold — only $5 per month

With Robinhood’s premium service, for just $5 per month, Gold offers additional benefits that can help you earn more money faster. For example, IRA matching is up to 3% for every dollar per year. You can take advantage of a lower 8% margin rate if you’re trading on margin, as well as Level 2 Nasdaq premium data with Morningstar insights. The latter helps you make smarter, more informed trades.

Plus, you’ll get up to 5% APY on idle cash you have sitting in your Robinhood account, which is a damn good return, especially compared to most banks and financial institutions. Just to provide an example, with $10,000 of uninvested cash, you can earn over $512 per year with Robinhood Gold. Compare that to the National Average Savings Rate of 0.6% APY, which would earn you a measly $60 per year with $10K deposited. Robinhood and Robinhood Gold are clearly the better choices there.

Learn to be greater, financially

In the spirit of democratizing finance for all, Robinhood also offers a wealth of resources to help you learn more about the markets and investing. With lessons like “Investing 101” and “What is a Stock,” you can really dive into the basics. But when you’re ready for more, you can go beyond to learn about options trading, dividends, trading strategies, and much more. It’s a great start and will help you form the building blocks of your financial journey.

And if you’re investing in stocks, you can find all the information you need about the various companies and stock tickers right within the app.

It takes just 10 minutes to get started

Download the app, sign up for an account, deposit some money, and you’re in! You can invest that money any way you see fit, whether that’s buying some new stocks, stacking your favorite crypto, or dropping funds into an IRA. Heck, if you wanted to simply deposit money and take advantage of the interest building on uninvested cash, that’s an excellent idea, too. What matters is that you’re doing something to secure your financial future, and with Robinhood, it couldn’t be any easier.

Try Now

*Please keep in mind this is not financial advice and we highly recommend doing your own research before putting money into any investment opportunities, including via Robinhood.

Topics
Why finding quality pros for your business on Upwork is easier than ever

Finding talent and support can be difficult for a small to medium-sized operation with limited resources compared to some of the biggest brands in the business. Moreover, if you only have a local reach, you may be dealing with a much smaller talent pool and with fewer opportunities. You need a better way to access a wide range of talent, manage and communicate with those professionals, and organize administrative tasks like time tracking, payments, and so on. Most importantly, you need somewhere to find high-quality professionals who will get the work done on time and within budget. Cue

Upwork

Read more
Get 50% off these incredible scent diffusers to luxuriate your living space

An excellent and convenient way to fill your home with luxurious, aromatic scents is to employ a diffuser, an electronic device that turns perfume-like oils into mist and disperses it into the surrounding air, in this case, the air in your living space or home. Hotel Collection is our favorite place to shop for new diffusers, supplies like oils, and other notable accessories. And wouldn't you know it? Right now, they're offering 50% off large diffusers when you use code JUSTFORYOU50 at checkout. That remarkable deal allows you to save half of the biggest diffusers from Hotel Collection, like the Penthouse or the Presidential models. They offer coverage for areas from 1,200 square feet up to 6,000 square feet, which means your entire home will smell splendid. Act soon because the deal will be over before you know it.
Shop Now
 
Why you should buy a Hotel Collection scent diffuser for your home
You deserve a true sanctuary to come home to. Not just one that is clean and inviting but also smells divine, like the scent of homecooked baking, fresh linens, or

white tea and cedar

Read more
This BLUETTI portable power station is truly weatherproof

It seems like we're covering a new BLUETTI launch here at Digital Trends every month, but that's okay. Thanks to the brand's excellent products, innovative advancements, and great features, people all over can access reliable power. Its latest launch, the BLUETTI AC240, is an IP65-rated weatherproof portable power station that delivers a comprehensive energy solution for outdoor enthusiasts, first responders, and beyond. Protected against dust, water, and elements, this expandable station creates an uninterrupted power source in any environment at any time. Moreover, it empowers users to stay connected, even with power-hungry devices, to tackle demanding tasks regardless of the current weather, environment, or location. Right now, you can save big by taking advantage of Early Bird pricing.
Buy Now
 
Why you should buy the BLUETTI AC240 all-weather portable power station

Imagine for a moment that you're camping with your family, hiking through the great outdoors, or even taking a long, scenic road trip through the countryside. In all of these situations, even when you're off-grid, you'll still need reliable access to power to charge your phone and tablet(s) and power up other electronics -- like a coffee maker when you wake up in the morning. Of course, power stations and power outlets don't exist randomly out in the wild. You could use your vehicle, but that will drain the battery and, in some cases, still won't provide enough power for what you want to do. Cue the BLUETTI AC240 portable power station and devices like it.

Read more