Hood vs. Schwab

No matter the outcome you will claim you were right. In the vernacular it is called speaking out of both sides of the mouth. Let's place a bet on the outcome or just say which will be a better investment?
 
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Hood's business model is not sustainable. And the entire pfo fad is almost over, regulators are finally starting to catch up. Those retail brokers that survive this cycle will be offering commission based trade execution. Hood has nothing going for it, no edge to speak of. But the real question is, why would you want to invest in either in this environment. Retail trading and hence turnover always suffers in times of equity selloffs. I would rather accumulate Google or Nvidia on the way down. Amazon as well and Microsoft. FB not so much. Anything that is geared to innovation and a proven track record of creating popular and high quality products in tech space.

zdreg said:
Obviously Schwab is a better co. but what is a better trade/investment?
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I know that you have a strong negative opinion concerning pfof. However I have previously presented my numbers, whereby it would be extremely costly to me. I would have to revamp my trading if it was no longer allowed. There is a hysteria around pfof. I generally do not like regulators banning financial practices because of the usual unintended consequences. My preferences has always been for required heighted disclosures. Unacceptable is a response that people do not read disclosures. People should be held responsible for their actions. Bottom line give people choice. IB by the way does give a choice which way you want to trade.
 
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