VXX - Thousands of Robinhood Investors Want to Profit From a Stock Market Crash
It's never been a better time for young people to start investing, and many have turned to the Robinhood mobile app to buy their first stocks. The stocks Robinhood investors are buying have inspired a lot of debate about their suitability for people who are new to the market, but it's still good to see newcomers embracing the idea of getting their money to work through investing.
Yet thousands of Robinhood investors are actually taking the opposite view on stocks. Rather than expecting good times ahead, these bearish app-users have focused their attention on ETFs that are tied to stock market volatility. These volatility ETFs typically do rise in value when stocks fall, but their long-term behavior leaves a lot to be desired.
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