Robinhood Review – Pros & Cons | Stock Investment Platform! [Updated: October 2020]

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[Updated 10/2020] Investors looking for a platform have many options, especially with zero trading fees to buy stocks.  The list of playforms that allow you to invest in stocks is extremely long, such as Charles Schwab, Fidelity, Vanguard, but there have been modern breakthroughs based on smartphones and technology.

Those modern technology platforms that allow you to invest in stocks bring names in such as Robinhood, Webull, M1 Finance, to name a few.  After all, the mission of these investing platforms is to help you on your financial journey.  Therefore, we wanted to analyze an application/service providers for the readers, and that my friends is – Robinhood!

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Lanny’s Recent Purchase – KMI

Back at it again!  Finally, after I just stated I haven’t made a purchase in weeks and nothing looked appetizing, I made a purchase on October 22nd – when the market was…. ALL GREEN almost.  Well, in every green day there has to be one stock that looks undervalued.  I ended up buying a stock I already own after another dividend increase.  Let’s see who I purchased. Continue reading

Lanny’s October Watch List

It’s been a while since I’ve come out with a post.  Just for the readers – I’m a public accounting firm in a top 10 firm that audits SEC registrants and the last week I’ve been in the middle of our own regulators inspection process on the audit work that we perform – therefore, my days have been approximately 12-15 hours long, depending on the day, been a whirlwind, but thank God for Bert, the other Diplomat for continuing to write away.  Thank you Bert.  I’ll also do a spin off with him and write about my October Watch List.  Let’s see what stocks are high on my list and which one’s I would actually consider to invest into.  “There’s only one October!”

Watch List

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Lanny’s September Income & Expense Summary

September is officially in the books after a quick review of the income & expense breakdown for the month.  It was another fun overall month, busy with work, travel, clients and other activities.  I wonder if I still am achieving the 60% savings challenge?  Only one way to find out, let;s check out my income & expense summary for September!

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Seagate Technologies (STX) Stock Analysis

 

Now seems to be a pretty good time to perform a stock analysis as we approach the middle of the month!  We have had ups and downs within the Market and it really can’t decide which way it truly wants to go.  With interest rates remaining on hold (thanks Fed… – was really hoping for a bigger discount, kidding!), the market has been a tick upwards over the last 1-2 weeks.  I wanted to hop into a sector and stock that has been beaten down this year with what is perceived to be sound dividend metrics.   How about the technology sector? Seagate Technologies (STX) – you are up!seagate

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Lanny’s Recent Purchase – EMR (x3)

Well – I am sure you can read from the subject line – I was back at it again with a wonderful dividend aristocrat stock.  It’s hard to keep staying away from this stock when the market wants to keep throwing the discounts and sales in your face!  I was fortunate to have capital and make a stock purchase limit order yesterday on October 1st, 2015.  I purchased Emerson Electric (EMR) for the third time in the last 2 months!  Let’s find out why:

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Lanny’s September Dividend Income

September… ah September.  The leaves are changing and so did my dividend income for the month.  It’s a wonderful quarter end, which for me and most investors – typically means a larger than normal month of dividend income to our portfolio.  Most of the big blue chip companies pay on the calendar quarter end and I own quite a bit that does so.  As the leaves change color and the temperature begins to cool in Ohio, our portfolios heat up with checks coming into our mailbox from all of the wonderful companies that we own.  Now… to the numbers!

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