Summary: <br> Announcer (<a href="https://www.temi.com/editor/t/j8fZpQvtLWCgRCNqvyIf836UH-8T1J7gGIS6vFYWUcvQd7aDEU7hbSxbKEVjTkPFyFwGAyE2QqBv_62FKZ10772IJsE?loadFrom=DocumentDeeplink&ts=0.3">00:00</a>):<br> <br> <br> <br> You’re tuned in to the Investing for Beginners podcast. Finally, step by step premium investment guidance for beginners, led by Andrew Sather and Dave Ahern. To decode industry jargon, silence crippling confusion, and help you overcome emotions by looking at the numbers, your path to financial freedom starts now.<br> <br> <br> <br> Dave (<a href="https://www.temi.com/editor/t/j8fZpQvtLWCgRCNqvyIf836UH-8T1J7gGIS6vFYWUcvQd7aDEU7hbSxbKEVjTkPFyFwGAyE2QqBv_62FKZ10772IJsE?loadFrom=DocumentDeeplink&ts=35.79">00:35</a>):<br> <br> <br> <br> All right, folks, we’ll welcome to the Investing for<br> Beginners podcast. This is episode 140 tonight. Andrew and I are going to talk<br> about which brokers to avoid in 2020. Andrew has some stories you’d like to<br> share with us, as well as I do. And we wanted to talk a little bit about some<br> of the brokers that we’ve worked with and some of them we’ve had some success<br> with as well as some that are you need to avoid. So I’m going to go ahead and<br> turn it over to Andrew, and he’s going to go ahead and start our little<br> diatribe here,<br> <br> <br> <br> Andrew (<a href="https://www.temi.com/editor/t/j8fZpQvtLWCgRCNqvyIf836UH-8T1J7gGIS6vFYWUcvQd7aDEU7hbSxbKEVjTkPFyFwGAyE2QqBv_62FKZ10772IJsE?loadFrom=DocumentDeeplink&ts=64.69">01:04</a>):<br> <br> <br> <br> Diatribe. It’s, gets it done. So I guess let’s talk about<br> the big one first. Let’s talk about Robin hood, one that neither of us has<br> personal experience with; however, many, many people have. And I guess if<br> you’re not a part of forums where Robin Hood is a popular platform, you might<br> not be aware of the issues that have happened. So I think we should bring light<br> to that cause it can have some serious implications for investors, particularly<br> because we get so many questions about Robinhood. Like still, even though<br> we’ve, we’ve covered Robin hood in the past on the podcast, I still get<br> questions about that all the time. It tends to be one of those brokers that<br> attracts a lot of new investors. And so be aware of what some of these brokers<br> don’t offer compared to what some of them do because there’s a big difference<br> between a good broker and a bad broker. And it could burn you at the worst time<br> when you’re not expecting it. So Dave, tell us about some of the things that<br> have been happening with Robinhood lately.<br> <br> <br> <br> Dave (<a href="https://www.temi.com/editor/t/j8fZpQvtLWCgRCNqvyIf836UH-8T1J7gGIS6vFYWUcvQd7aDEU7hbSxbKEVjTkPFyFwGAyE2QqBv_62FKZ10772IJsE?loadFrom=DocumentDeeplink&ts=130.95">02:10</a>):<br> <br> <br> <br> Okay. Well, there are three things that I am aware of as<br> far as issues that they’ve had recently. And when I say recently, I’m talking<br> about in the last two or three months. So two times that they have had issues<br> with their platform have stopped. No has stopped working completely where<br> people have not been able to trade buy or sell anything on their platform for a<br> period of time. So with all the craziness that’s been going on lately with the<br> stock market, there have been several days where people have not been able to<br> sell any of their companies or by any of their companies because they have lost<br> the ability to them to do anything on their platform. So that in itself is a<br> huge problem. So let’s say just for example, you’re in a company, a Tesla, and<br> you see that the stock price is falling from $800 a share to have, I have $100<br>
