Robinhood Found the Best Way To Make Money on You: Greed and Dopamine Addiction

Every investment company is working to sell you on the idea that they can help you build wealth through cutting-edge technology and financial expertise, but the reality is that many of these companies, like Robinhood, are making money off you through activating your emotions and trying to cultivate a dopamine addiction around the gamification of gambling. Listen along as Paul and Jim talk about some of the strategies Robinhood uses to mislead investors and take your money while claiming to help you earn big bucks. Later in the episode, Paul brings up a couple who moved to Ecuador and are living off of their social security benefits and discusses why this kind of behaviour may be enticing for people who didn’t make a plan, but could actually be quite dangerous.     Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.