Robinhood's head of investment strategy says retail traders are continuing to pile into stocks - and now favor long-term strategies over the rush of meme plays
But now, with its retirement accounts and high-yield offerings gaining popularity, Robinhood is no longer just a hangout for the Reddit crowd, according to Steph Guild, the platform's head of investment strategy.
"Our customer base understands better now that investing is more of a longer-term game, rather than something fun," Guild told Insider in an interview this week."Whereas a year ago customers opened accounts and just bought a couple stocks they felt were cool, now there's more recognition that you can't just bet on one or two horses, but you need to have a mix."Tesla
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