Topley’s Top 10 – March 11, 2021

The average Robinhood user is 31 years old and has a median $240 account balance. Just 2% are ‘pattern day traders.  A MagnifyMoney survey polled young investors on where they get their investing information. 41% of the more than 1,500 people polled said they watch YouTube and 24% said they take the cues from people on TikTok. 22% of the polled investors traded stock at least once a week.

https://www.marketwatch.com/story/the-most-frequently-asked-questions-posed-by-robinhood-traders-reveal-new-type-of-uninformed-equity-market-participant-11615343610?mod=home-page

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