Robinhood, eToro, and Raging Bull Trading Report Millennials Are Spending Their Stimulus Check on Online Stocks

Would you invest your Stimulus into retirement savings or stocks?

I know Marissa Pitts will be investing in BOTOX! aha

In an article from CNBC titled: Millennials Are Piling into Stock Trading to Beat the Market. Here’s What You Need to Know by Karen Gilchrist.

As travel plans this Summer are being canceled – Millennials are jumping into the stock market through online stock trading platforms.

Investing app Robinhood saw record deposits in the first quarter of 2020 with daily trades up 300%. Elsewhere – eToro and Raging Bull Trading saw demand surge 220% and 158% respectively.

Millennials – I understand that everyone is trying to make some extra cash during these tough times – BUT – be smart with how you handle your money!

Ben Reeves, Chief Investment Officer at Wealthsimple told CNBC Make It:

“Millennials should be leaving their money into something boring like your retirement fund.”

Raging Bull Trading founder Jeff Bishop states that Millennials should be trying to establish an amount they want to make each month before investing in stocks.

CCS family – Have YOU ever thought about investing in stocks during the coronavirus? Let us know in the comments below.

MILLENNIALS HAVE NO MONEY FOR THE STRIP CLUBS

I pay my taxes so where is my stimulus money! I’m not the only one waiting around on our Government.

A lot of people are scrambling to try and get small business loans to help them out during this crisis.

Criteria seems easy enough to qualify—you own a small business—pay taxes—and your business faced an economic downfall during the shut-down.

But Hold on!!! Make sure you read that Clinton Era Fine print!

It looks like the U.S. Government has “Whorephobia.”

In an article from Buzzfeed titled If You Strip, Make Porn, Or Sell Sex Toys, You Might Not Get Any Coronavirus Aid Money. That’s Where The First Amendment Comes In by Otillia Steadman.

That’s right! Puritan inspired laws during Clinton’s Reign state that—NO business’ dealing in Good ‘ol SIN can qualify for the $349 billion of the relief money.

The Strip Clubs and Sex shops Industry account for $17.6 billion dollars in 2019 !!!! That’s a whole lot of tax dollars streaming into our government.

The hypocrisy of it all really ticks me off. Clinton can get an extramarital blowjob and still pull a check—but business and PEOPLE who have paid into our system can’t?

Come on America!! It’s time to throw off our Puritanical Colonialistic Ideals and GET WITH THE TIMES!

Do you think it’s fair that any TAXPAYER would be excluded for stimulus help?

Fingers crossed our out-of-work Booty Shakers can get the much-needed assistance during these “hard” times. (Pun Intended lol)