Robinhood spouse lock

So far, 2024 has been a great year for the stock market. This past week we reached new all-time highs for many major stock indexes like the S&P 500. I try not to look too much but it’s exciting nonetheless.

While the market is a lot less volatile currently, it does remind me of the glory days of 2020 and 2021 when many stocks were smashing record highs on an almost daily basis. Unfortunately, those days are long gone, particularly in the crypto realm (though Bitcoin ETFs did recently launch).

This all got me thinking about some of the insane trades I made during the pandemic, and how much I would have benefitted from a little oversight when I was trading credit spreads almost daily. What if when using trading apps like Robinhood, you had an accountability partner who could block you from trading certain stocks? A lot of people would benefit from this, even though they probably wouldn’t want to admit it.

The amount of money people might save rather than aping into Dogecoin might be substantial, but a product would likely never shoot itself in the foot and add unnecessary friction like this.

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