Ok, I see Ameritrade is restricting it too. I thought it was just the newbie mobile apps but I was mistaken.
I was going to transfer what I had in Robinhood over to my existing Ameritrade account, but now I wonder if there's any difference in regards to how they're treating customers with this. I can't find details, only that Robinhood is preventing its clients from selling GME, but I don't know exactly what restrictions Ameritrade is imposing. Any idea?
That city as a whole has adopted East Asian shame avoidance as a #1 driver of behavior. In their mind, getting shamed is so horrific and dishonorable that they do everything they can to avoid the most obvious shames. Controlling them is as simple as flipping a switch.
Who else besides Robinhood? I don't know all the details why, but I've heard Robinhood and the like are considered a joke among investors. I've heard of them imposing limits like this before that my major broker has never done.
Remember after the 2016 election Google held that management meeting and they were all crying and saying how they're gonna fight against Trump, and we were kind of shocked that the whole company was in the tank for Hillary? Ah, those were the days.
https://www.whitehouse.gov/briefing-room/presidential-actions/
Mask mandate is fake news. What he did sign was an order to all federal agencies to issue their own tailored mandates, using CDC guidelines as a guide, for their federal employees and anyone on federal land they administer. Might mean masks, might not, depending on which federal land it is.
My impression is the RNC is all about the fundraising money. They back whoever they think can bring the RNC the most money, or pretty much the good old boys club. Ideology is marketing to them.
The DNC is similar but worse, willing to cross every moral line.
I agree with the whole argument about academia being trash. But the construction jobs situation is what happens with big economic shifts where the industry has failed to adjust - or prevented from adjusting by some other forces - by offering much larger salaries and finding adjusted business models that make that work. Just because it was a fair salary 20 years ago, or they can find some number of people willing to work for the old salary, means nothing. At some level of higher salary, an industry will find workers for any job.
Remember in the tech boom around 1999, companies were hiring students straight out of college for 100k. These were new jobs, new technology, so they didn't have ideas stuck in their heads about a "reasonable" salary for the job. Of course, it was quite the bubble, but that happens.
Try to find a Chinese man who is a bad guy in any modern Hollywood movie or TV show. They will do other races, even other Asians, but the CCP will not approve a show to air in the huge Chinese market if it makes them look bad, and this puts pressure on the entire industry to go pro-China.
Is ze picking the wrong stocks? Mine are doing fine. I don't know about the indexes. I would stay away from index funds.