Did Charles Schwab Just Destroy Robinhood? – The Credit Shifu

by YouTube Team

We look at who is winning the race to $0 in the stock trading commission battle. Charles Schwab $0 commission starts today, it looks like a major upset for Robinhood’s business model. Robinhood is a great app for investing in stocks for beginners, but now there isn’t much of an advantage since Schwab and other brokerages have gone commission free.

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27 comments

Ghost Plays Games October 8, 2019 - 4:35 am

Robinhood app for me just started showing an unexpected server error about 3 hrs ago

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jalabi99 October 8, 2019 - 4:54 am

"Robinhood is a bit screwed" — thus saith The Credit Shifu!

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~Cat micco~ October 8, 2019 - 6:18 am

Happy Birthday!

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Kaptain October 8, 2019 - 11:30 am

My birthday is October 13

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Lagaleven October 8, 2019 - 1:41 pm

Happy Birthday Shifu! Great info on the tax implications of high frequency trading. I learned something new, thanks.

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Selma Lopes October 8, 2019 - 4:51 pm

Great information! Thank you!

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G. Repp October 8, 2019 - 4:59 pm

I like Robinhood.

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PH Chen October 8, 2019 - 5:09 pm

Look at SP500, the jump is common for all stocks. This jump is the market's reaction to the ISM Manufacturing PMI in the US, which dropped to 47.8 and it's lower than the expectations of 50.1

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takeoffmyshoes October 8, 2019 - 5:25 pm

Should I sell everything on my Robinhood and just focus on Charles Schwab? Should I just buy everything i own on back on Charles?

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Richie Rodriguez October 8, 2019 - 5:48 pm

Happy birthday

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Lisa October 8, 2019 - 5:59 pm

For a newbie Robinhood is perfect, td/thinkorswim is so difficultly to navigate. I donโ€™t see me leaving anytime soon

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KITE October 8, 2019 - 6:17 pm

Short answer: oh yeah

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Gregory Allen October 8, 2019 - 6:26 pm

Great video what do you think of Betterment?

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IllNinoAK47 Arias October 8, 2019 - 10:27 pm

Happy birthday brother!

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edouard beauvais October 9, 2019 - 2:53 am

Get a haircut already….nobody wants to see a guy in a baseball cap talk about credit cards.

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Prospers October 9, 2019 - 3:26 am

Happy birthday ๐Ÿ™‚

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Han Lee October 9, 2019 - 4:54 am

Good to see another video! Happy bday!

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infinitemoneycoin October 9, 2019 - 6:26 am

Happy birthday ๐ŸŽ‚๐ŸŽˆ!!!!!!!!!

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John Edwards October 9, 2019 - 9:08 pm

Happy Birthday ๐ŸŽ‚

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James Shaw October 10, 2019 - 3:31 am

What do you think of Interactive Brokers?

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Waiel A October 10, 2019 - 3:33 pm

I watched this video and there was 9,999 views, am I the 10,000th view?

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Amed Sayed October 11, 2019 - 3:20 pm

Robinhood still provide options for $0

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Chip B October 13, 2019 - 7:22 pm

Thanks for the video. Ive been wanting to invest smaller amounts of money and I think I'll be checking these companies out!

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BILL CASTLE October 20, 2019 - 12:56 pm

we shall see what happens robinhood has a loyal base. robinhood started with 0 the others didnt care about millennials at that time. iโ€™m loyal to robinhood

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Scott Smyth November 16, 2019 - 1:17 am

Happy birthday! This is another spot-on vid. Iโ€™m glad youโ€™re expanding more into the personal finance realm. How about a vid on the Public app (formerly Matador)? I invest on several platforms but the 2.5% Cash account on Public is pretty solid for me right now.

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Cookie Monster July 6, 2020 - 2:14 am

No way, shifu, your birthday is october 6?? Mine is tooo

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Patrick Wilson February 1, 2021 - 9:47 pm

Happy Birthday Dude ๐ŸŽ‚and many, many, more!!!! I hope your birthday is going to be great ๐Ÿ‘๐Ÿ’“
The man that's trying to build-up my credit score from Indianapolis ๐Ÿ‡บ๐Ÿ‡ธ

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