I'm really not much of an investor. Never bought stocks before(technically still haven't). But today I acquired 1 share of Sprint for free. How, I joined robin hood with a ref link.
First off, I'd like to thank @josephsavage for having a ref link to give me. I'd asked a few other people, but nobody else used robinhood so couldn't get it from them. Finally, he came around as the savior.
Signup was really quick, they just needed what I would expect to start buying and selling stocks. 5 minutes later, everything was submitted and I was approved for my free stock. I didn't even need to deposit anything to get the free stock, which I found strange as most other apps have something like, deposit $5 and we'll then give you an additional $5. Now they presented me with a choice of 3 stocks(hidden of course), and I had to pick one. I chose one at random and it was Sprint. I'm assuming all 3 choices were just Sprint and it was just an allusion of choice as I found this statement in their support guides:
There is an approximately 98% chance of the stock bonus having a value of $2.50-$10, an approximately 1% chance of the stock bonus having a value of $10-$50, and an approximately 1% chance of the stock bonus having a value of $50-$200, based on the price of shares at the time of purchase..
But hey, Sprint is worth $5 right now and $5 is $5. Could sell it and get myself a cup of coffee, even though I can't sell it for 2 days and withdraw the money for 30 days. Yay rules for free stock.
Robinhood also supports buying and selling of crypto and I haven't yet figured out how to activate it yet. They also say its commission free, but I'm assuming that theres some sort of hidden fee or else they wouldn't be able to stay in business.
So thats my stock story, what are you waiting for, get in and sign up and try it. Or are you already a member? Tell me how it is. Has selling been easy for you? I'd like some opinions from other people.
If you want to join in, you can use my ref link and give me another free share of stock, I'd really appreciate it, you don't even need to deposit funds to get it: https://share.robinhood.com/riship89.