This sixth monthly edition of “My Robinhood Stock Picks” will probably be the last for a while. With my recent purchase (and financing) of a minivan, as well as the fact I have a more tax-advantaged Individual 401k to put money in that I’ve nowhere near maxes out, I think my money has better use elsewhere.
Now that September is over, it’s time to take a look at my Robinhood account and check on its performance. For those that are new to my blog, I’ve been making these monthly updates since my first full month of buying stocks on Robinhood in June of this year. That means this is the fourth post in the series.
At the end of last month - the last day, in fact - I signed up for a Robinhood account. I signed up mostly for fun - but also for the free stock that Robinhood is currently offering. I got Chesapeake Energy (CHK), which is worth only about five bucks. However, some people get stocks worth a couple hundred dollars, such as Facebook or Apple.