Market Report: WILL PAYPAL TAKEOUT ROBINHOOD
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 11 September 2021
⏱️ 12 minutes
🧾️ Download transcript
Summary
In this Market Report we talked about PayPal’s new stock trading platform and how it could effect Robinhood. #stocks #investing #paypal
Link to Full Episode: https://youtu.be/0EM6aA1ZNUo
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Transcript
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| 0:00.0 | Speaking about PayPal, so PayPal is largely a new stack, a stock trading platform. |
| 0:04.8 | And so I got a few questions about this, but the way you're even going to this, you were |
| 0:11.5 | talking about, you invested in PayPal today, right? |
| 0:14.4 | So what's the, why PayPal? |
| 0:16.7 | Because we haven't really been talking about PayPal a lot, we've been talking a lot |
| 0:20.4 | of other people. |
| 0:21.4 | So I have been saying it for maybe 18 months, I've been saying that FinTech is the new way |
| 0:34.4 | we're about to do business, right? |
| 0:37.0 | Pay, wireless transactions. |
| 0:39.0 | You just saw that, like as investors, one of the best things you can do is just pay attention |
| 0:43.7 | that what's going on in the world. |
| 0:45.4 | Like you don't have to look for the next big thing, you could just look for the industry |
| 0:48.6 | that's becoming it, it's becoming where we're going, where we're headed at. |
| 0:52.8 | So PayPal I've been around for a while, but you consistently see the business evolve, |
| 0:56.8 | right? |
| 0:57.8 | And so I'm like, okay, I kept saying like FinTech, FinTech, FinTech, like Ian said that PayPal |
| 1:03.2 | is a new JP Morgan. |
| 1:04.7 | No, Square, Square Square. |
| 1:06.4 | Oh Square, yeah, but PayPal is like, yeah, number two. |
| 1:10.9 | I was like, PayPal, and I was like, okay, like their CEO is dope, Square gets a lot of |
| 1:18.2 | attention. |
| 1:19.2 | Where gets a lot of attention, but we sleep on PayPal. |
... |
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