Robinhood vs WeBull: Which IRA is Best?
66Both Webull and Robinhood offer a huge bonus for using their IRA's but which is best? And most importantly, which gives us the biggest bonus? It SEEMS like Webull giving us either 3.5% or 4.5% would be a bigger bonus than Robinhood giving us "just" 3%....but it's not that simple. Robinhood gives us all of the bonus up front within days of completing the transfer or contribution into the IRA. Webull on the other hand takes 5 YEARS to send the money over. So we had to do some spreadsheet math to verify which is best over the long haul!
2 Services I mention in today's video:
📊Webull: https://a.webull.com/i/BrendanEvan
🎁 Robinhood: https://join.robinhood.com/brendab533
⏱Handy Timeline:
0:00 Robinhood vs Webull
0:18 Robinhood IRA details
3:12 RH early withdrawal penalty?!
4:53 RH IRA taxes
5:21 Webull IRA details!
9:40 Vanguard vs Webull vs M1 Finance vs Sofi vs Robinhood
11:11 Webull WORST feature of the IRA transfer bonus
11:35 Who ACTUALLY gives the biggest bonus??
15:35 Which would you choose?
15:43 You can have more than 1 IRA
16:26 Why I hold an axe at the beginning
18:06 Next videos
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Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!
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