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roachtoasties
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Comments by "roachtoasties" (@roachtoasties) on "Yahoo Finance" channel.
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It would be interesting to put names to those top 50 customers. Is there a famous football player in there or someone who is known as "Mr. Wonderful?" This is just the top 50. The bottom couple of million are your regular customers. Some might have lost only $1,000 but it's a lot to them.
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This was foreseeable. I was posting comments on YouTube sites that talked highly of Voyager for months, warning that something was up, but I got a tongue lashing. It's simple. Something that is too good to be true, probably is. Those way above market rates weren't being brought to you by the tooth fairy. Am I smarter than Mark Cuban? I don't know. I'm sure Mark Cuban can afford to see his Voyager account wiped out, but not so for your average Maverick fan that got into this because of his sponsorship. Will Mark Cuban admit he made a big mistake, or at least was taken in by Voyager? I doubt it. That's the way people like him are.
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It's a debit card, so what's the deal with "rounding up?" It's still money that was already in your account at Robinhood. If you charge $9.50 on the card, they take the remaining 50 cents out of your cash balance and invest it. What's the point? It would have been better that you didn't waste that $9.50 at Starbucks and invest the whole amount instead.
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