August 27, 2021
1. Do you have one or more online trading or investment accounts?
Yes, I have one or more accounts that I access both online using a computer and using a mobile app.
2. If your response to Question 1 is Yes, do you think you would trade or invest if you could not do so online using a computer or using a mobile app?
No
3. On average, how often do you access your online account?
Once to a few times per month
4. On average, how often are trades made in your online account, whether by you or someone else?
Less often than once a month.
5. If you access your account online, did you have the account first, and only began to access it electronically later? Or did you open the account with the idea that you would access it electronically immediately?
I downloaded an app or visited a website first, and then opened up an account with the company
6. My goals for trading or investing in my online account are (check all that apply):
Save and grow my money for medium- to long-term goals
7. What would you like us to know about your experience with the features of your online trading or investment platform? (Examples of features are: social networking tools games, streaks, or contests with prizes points, badges, and leaderboards notifications celebrations for trading visual cues, like changing colors ideas presented at order placement or other curated lists or features subscription and membership tiers or chatbots.)
I highly dislike the gamification inherent on apps like RobinHood. It morphs investing into a casino. Citizens should have the right to treat the market as a casino, but without the predatory psychological hijacking and lack of forthcoming on the brokers part. Retail investors should be allowed to do what they want, when they want with their investments. The responsibility lies upon the broker-dealers to provide their services in good faith, however ambiguous that term may hold up in court.
8. If you were trading or investing prior to using an online account, how have your investing and trading behaviors changed since you started using your online account? (For example, the amount of money you have invested, your interest in learning about investing and saving for retirement, the amount of time you have spent trading, your knowledge of financial products, the number of trades you have made, the amount of money you have made in trading, your knowledge of the markets, the number of different types of financial products you have traded, or your use of margin.)
My investing experience has changed greatly. I have learned so much more about the market and how I want to invest my money. My favorite thing I have learned though, is that normal citizens can band together and use their portfolio as a form of protest. In a capitalistic society, I think this is one of the utmost important and useful forms of protest to be levered.
9. How much experience do you have trading or investing in the following products (None, 12 months, 1-2 years, 2-5 years, 5+ years):
Stocks : 2-5 Years
Bonds : None
Options : None
Mutual Funds : 2-5 Years
ETFs : 2-5 Years
Futures : None
Cryptocurrencies : 1-2 Years
Commodities : None
ClosedEnd Funds : None
Money Market Funds : None
Variable Insurance Products : None
Business Development Companies : None
Unit Investment Trusts : None
10. What is your understanding, if any, of the circumstances under which trading or investing in your account can be suspended or restricted?
They should never be restricted or suspended. Only in the case of one (retail) regularly failing margin requirements would this make sense. Otherwise, it is a infringement upon a citizens constitutional freedom.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
Its only going to get bigger with more users Adapt the market to be welcoming to this new era of investing.