I read that Robinhood doesn't offer mutual funds, so you probably can't buy VTSAX there. Note at Robinhood your trading data is the product they sell to hedge funds. In terms of how they make money, hedge funds are their clients.

Understanding the Context

I don't like that kind of conflict of interest. For new investors, Vanguard offers a lot of safe choices. LIE definition: a false statement made with deliberate intent to deceive; an intentional untruth. See examples of lie used in a sentence.

Key Insights

A lie is something that someone says or writes which they know is untrue. "Who else do you work for?"—"No one."—"That's a lie." I've had enough of your lies. When you don't tell the truth, you lie. You also lie down when you're sleepy and wonder what lies ahead of you. 1.

Final Thoughts

A false statement deliberately presented as being true; a falsehood. 2. Something meant to deceive or mistakenly accepted as true: learned his parents had been swindlers and felt his whole childhood had been a lie. A lie is an assertion that is believed to be false, typically used with the intention of deceiving or misleading someone. [1][2][3] The practice of communicating lies is called lying. A person who communicates a lie may be termed a liar.

(Definition of lie from the Cambridge Learner's Dictionary © Cambridge University Press) lie (third-person singular simple present lies, present participle lying, simple past and past participle lied) When Pinocchio lies, his nose grows. If you are found to have lied in court, you could face a penalty. Don't lie to me!