12-20-2022, 10:54 PM
Should I transfer my inheritance to robinhood for 4% intrest?
<!-- SC_OFF --><div class="md"><p>Hope this post applies to the sub. My father passed a few years ago and left me $24,000. The money has been in a checking account. My friend got me into investing recently and I've noticed that Robinhood is now offering a 4% yearly intrest on any un used funds.(with RH gold) I don't want to put the money in stocks in the current market. Is robinhood a safe place for it? I'm aware they can change the intrest rate at any time they choose. I'd love some advice that dosnt put the money at any real risk. Thank you</p> <p>EDIT: I hate all of you people. You only want to see others fail. I will make major profits and you surfs will only suffer loses. I'm putting the 24k into TSLA puts on robinhood.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ScoresMann223"> /u/ScoresMann223 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/zqh0h1/should_i_transfer_my_inheritance_to_robinhood_for/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/zqh0h1/should_i_transfer_my_inheritance_to_robinhood_for/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Hope this post applies to the sub. My father passed a few years ago and left me $24,000. The money has been in a checking account. My friend got me into investing recently and I've noticed that Robinhood is now offering a 4% yearly intrest on any un used funds.(with RH gold) I don't want to put the money in stocks in the current market. Is robinhood a safe place for it? I'm aware they can change the intrest rate at any time they choose. I'd love some advice that dosnt put the money at any real risk. Thank you</p> <p>EDIT: I hate all of you people. You only want to see others fail. I will make major profits and you surfs will only suffer loses. I'm putting the 24k into TSLA puts on robinhood.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ScoresMann223"> /u/ScoresMann223 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/zqh0h1/should_i_transfer_my_inheritance_to_robinhood_for/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/zqh0h1/should_i_transfer_my_inheritance_to_robinhood_for/">[comments]</a></span>