Insana: This is why Robinhood’s democratization of investing is nothing new

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Insana: This is why Robinhood’s democratization of investing is nothing new
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Robinhood investors can now snap up shares of the trading app’s stock. They should be wary that speculation is often accompanied by risk.

Financial pundits have heralded the democratization of stock market investing with the creation and subsequent initial public offering of Robinhood.

," which invited folks off the street to trade stocks on margin. That is, investors borrowed from their brokers to buy stocks. Of course, the 1960s were followed by the volatile '70s during which individual investors, much as they had in the 1930s, lost interest in the stock market.on Wall Street, leading to the rise of discount brokerage houses. This made it cheaper for individuals to buy stocks, and it's among the more recent examples of the democratization of stock trading.

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