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Wednesday, May 21, 2014

Robinhood App: Commission Free Stock Trades

Technology is wonderful in the way it continuously reduces costs associated with everyday life. This new app called "Robinhood" will offer commission free trading for the average investor with just a few clicks of your phone. This will drastically reduce the current commission model in place for the large brokerage houses and will eventually bring it to zero across the board. CNN describes the store behind the new app here.