Robinhood’s Issues Might be Blessing to Millennial Traders

With the increase in market volatility over the last few weeks young traders have tried to catch the markets at the right time; one of the most popular apps for young traders, Robinhood, suffered serious outages that left people feeling they missed out on a big opportunity and some are even threatening legal action; the episode might prove to be a blessing in disguise as the business of picking individual stocks is not easy; younger traders in particular would be better served to pick a strategy and add regular contributions so they can build wealth slowly over time; “The biggest determinant of success in investing is time in the market, not timing the market,” Betterment Director of Investing Adam Grealish says to Forbes. Forbes

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