Over 50% of Robinhood investors now say they want advice, but the apps themselves are a good starting point. 80% of Stay fat lazy and happy cat lovers shirt success is just getting started, so I don’t think it is a negative thing if more young people open investing accounts. Yes, they will make mistakes, and many will then go towards more traditional solutions perhaps, but a start is a start. 90% of people in some countries don’t invest at all apart from their pension. That compounds. Losing 2%-3% a year might not be “a big deal” if it lasts for say 2 years, but over 13 years (2008–2021 when interest rates have been 0% in many countries), that is an indirect 30%-35% loss!