Telis Demos
speaker
656 appearances
10 recordings
1 series
first heard Jun 2018
last heard Dec 2024
Telis Demos’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Why You Shouldn’t Expect a Rapid Drop in Mortgage Rates · 14 Aug 2024
podcast
And the reason I wrote that it was sort of a tricky time is because one thing that would probably bring down mortgage rates a lot is what we saw last week, which is like a big fear about the economy, a sell off in the stock market, a rush into other bonds, maybe the Fed coming to cut more aggressively and then seeing mortgage rates come down.
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Maybe that works for you.
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Maybe that's exactly the scenario you're not hoping for.
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But that's kind of where we are in the short term, even if in the longer run, there's a lot of things that point to mortgage rates decreasing.
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going down a little bit over that longer term as well.
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They're offering a match to when you deposit money into that account.
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The aim there is to appeal to people who maybe don't have the kinds of jobs where they're getting 401k matches from their employers.
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Retirement offers Robinhood a bunch of different ways to evolve its business.
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For one, Robinhood is associated with fast trading, speculating.
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Retirement is a way to attract an entirely different kind of customer to Robinhood.
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It's also a way for Robinhood to deepen its relationship with its existing customers.
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Maybe you're playing with a little bit of
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And so now they're saying, hey, you're playing with some money over here.
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Why don't you bring the bulk of your assets over to Robinhood as well?
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It's also a way for the company to potentially diversify and steady its revenues.
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Retirement typically generates sort of a steadier revenue source than do the kind of the booms and busts of trading.
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Why is Robinhood so popular with younger investors?
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Robinhood came around several years ago offering what was at the time a unique sort of package.
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One was everything could be done very easily digitally in an app.
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It was easy to use and it was free.
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Showing 261–280 of 656 · page 14 of 33
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