Buenos dias everyone. I just ran across a post on Doctor Of Credit about a sweet promotion being offered by Robinhood, a fee-free investment app. They are offering targeted users the opportunity to earn a free share of a random stock worth $5-$150 when they refer new users – and the new user will also get a free share!
Free stock? Sign me up!
It took me less than 5 minutes to create a new account and get approved. I got a free share of SIRI (Sirius XM, $5) for signing up, and so far I’ve gotten shares of F (Ford, $11.36), SPLS (Staples, $9.72), OPK (OPKO Health, $7.47), S (Sprint, $8.50), CHK (Chesapeake Energy, $5.53), and RAD (Rite Aid, $3.80) for referring other users – over $60 worth of stocks so far. One of my friends got a share of AAPL (Apple) worth $147! Shares can be cashed out 30 days after receipt.
If you want to try your luck, feel free to sign up using my referral link. You’ll need to provide your name, address, date of birth, and social security number. It looks like they do a soft pull of your Experian credit report to verify your identity. You don’t have to put any money in the account – when it asks for your bank information, just click on the link on the right that says “what if my bank’s not listed?” and it will let you skip that part.
If you decide to sign up, please leave a comment with what stock you receive!
Dang, I only got a share of SPLS (Staples) worth $9.72. Hopefully the rest of you guys do better than me!
Ditto for me!
Dang Carl, what are the odds of that??
I’ll take it with honor as I humbly follow in the footsteps of the master. :)
Xerox at $6.92
How long until it posts what stock you receive for free? I did use your link above, I don’t see anything about free for a referral link to send to my facebook friends, how do we find out if we are spreading links that give people who sign up under us a free share? On DOC everyone is just posting links like crazy…
The free stock should appear as soon as you log in to the app on your phone. For your referral link, the page in the app where you get the link will say if your friend will get a free stock, and when you click on the link it will have a message like the first screenshot in this post.
well that didn’t go well.. signed up with your link, but timed out at the end of the sign up process.
I could continue the sign up process on the phone but it seems to have lost the bonus.. hope you got yours at least, I ended up getting zip :(
Oh no! I have a credit for a Richard C on 4/23 – was that you? Either way, try reaching out to customer service and see if they can help…good luck!
Nope, mine’s from just now.. will reach out, but won’t hold my breath :)
Fingers crossed!
they did give me one,, hope you got yours
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Crap, got Rite-Aid (RAD) 3.95
Bummer, who knows, that could be worth a lot someday :)
Like after the merger closes in July. Love that I read this comment as I was buying GCs at RAD. :)
I signed up for Robinhood a few days ago, funded my account, and bought some stocks but I haven’t received the free stock that they give out. Is there any reason why I wouldn’t have gotten it yet? Pls help me.
Reach out to Robinhood for help. I’m not sure if the promo ended or not, but they should be able to help.
Offer only good with gold account.
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I’ve been on Robinhood for a month and enjoy it.
(referral link removed)
If you use my link above, we each receive a free stock! And, I’m giving you just a bit of advice if you are brand-new to the stock market, like I was.
My first free stock was Zynga, worth about $4. Knowing nothing about stocks, I just searched on Robinhood and found around a hundred stocks that had a value of under $1, many with values around 15 to 40 cents.
So, I set a hard limit on how much I would transfer to Robinhood… $20. With my Zynga stock I was already up to $24! I did a bit of youtube watching and some educated guessing and bought a bunch of “penny stocks” -those are the super-cheap stocks.
I watched them over the first week and learned how to buy and sell using the limit/stop limit/stop loss order types. I gained and lost over the first week, but… I never lost more than $4 total, so my $20 investment was preserved. I had learned and gained a bit!
So, I gathered up loose change around the house and in my car and took it to the bank… around $39. I transferred that in and then moved up to stocks that were around $3 to $7. Again, I lost some, and gained some due to judgement errors, but I was using “found” money, basically. My goal has been to simply build that amount without putting in more.
I think if you set a “limit” when you begin as to how much you will put in to your account, then this can be enjoyable and a very low-cost learning experience that may allow you to continue trading and earning small amounts, as I am.