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| author | Benjamin Sanders <ben@sanders.life> | 2025-02-07 07:33:31 -0500 |
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| committer | Benjamin Sanders <ben@sanders.life> | 2025-02-07 07:33:31 -0500 |
| commit | a77bde84e2659d9df4899da8a5f31136372398cc (patch) | |
| tree | fd7d1e47cc5ef23f1f11d34c70a099d9fa4f5b7b /_posts/2022-04-14-migrating-from-robinhood-to-public.md | |
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diff --git a/_posts/2022-04-14-migrating-from-robinhood-to-public.md b/_posts/2022-04-14-migrating-from-robinhood-to-public.md new file mode 100644 index 0000000..64719f6 --- /dev/null +++ b/_posts/2022-04-14-migrating-from-robinhood-to-public.md @@ -0,0 +1,29 @@ +--- +layout: post +title: "Migrating from RobinHood to Public" +date: 2022-04-14 +permalink: "/blog/migrating-from-robinhood-to-public" +author: Benjamin Sanders +catagories: RobinHood,Public,Stock-Trading +--- +So, I finally made the decision to migrate my personal stock portfolio from RobinHood to Public. This decision wasn’t made in light of what happened during the whole GameStop fiasco or because I hate RobinHood. As a matter of fact I was considering getting out of managing my own stock portfolio all together now that I have a 401k. However, I do like being able to “be in the game” so to speak and maybe have a portion of my money growing rather then just sitting in a bank account somewhere. + +## Making the Switch + +For me the switch wasn’t that hard. I just used the Public app which I already have a brokerage account open with them. I initiated the transfer from there answered some questions about the brokerage account I was coming from (RobinHood) and now I wait. + +## Why Make the Switch? + +I decided to make the switch primarily because I like the community aspect of Public. It’s pretty cool loading up the site or the app and seeing the community page. As well as being able to follow people like [Graham Stephan](https://public.com/@GrahamStephan) and other investors. I still plan to be more of a long term investor but Public seems to offer more information that I can act on when making investment decisions. + + + +## No Such Thing as a Free Lunch + +There’s the saying that if a service is free you’re the product but Public seems be different in that you can have the option of tipping them when you sale stock. Which, is a nice way to help out a service that provides a way for smaller, retail, investors to even have a chance of building personal wealth that was previously reserved for the elite stock brokers. + +I’m sure Public isn’t perfect but I remain cautiously optimistic about it and hopefully will be a really long term thing. + +I guess this is the first real blog post I’ve written on my site in a while so I thank you all who read it and if you haven’t yet signed up for Public and would like to give it a try. You can check it out here. We’ll both get a free stock when you deposit money in a new account. + +Moving swiftly onwards from that little bit of shilling I do hope you have a wonderful day. :) -Ben
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