We want to make first-time investors into long-term investors," Tenev said in response to an investor question.ĭue to the penalties involved in withdrawing money, IRAs tend to attract long-term investments, rather than the quick flip in stocks, options and cryptocurrencies that some investors turn to Robinhood for. "We are interested in building more account types, including IRAs and Roth IRAs, we've been hearing that a lot from our customers.
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