Well, so you wanna know if you, with that fancy F1 student visa thingy, can use that Robinhood thing, right? Let me tell ya, it ain’t as simple as plantin’ corn in the spring.
First off, you gotta have that Social Security number, you know, that SSN thing. Like that number they give ya when you work. If you ain’t got that, you’re outta luck, like a rooster without a hen. Some folks say you can use somethin’ called an ITIN, but I ain’t never heard of that. Sounds complicated.
Now, listen up, ‘cause this is important. You can buy and sell them stocks, you know, those little pieces of paper that rich folks play with, but you can’t be doin’ it all day long. It’s gotta be like, what they call, passive income. That means you ain’t workin’ at it like a farmhand in the fields. You just buy it, let it sit, maybe sell it later.
Think of it like this: you plant a seed, you don’t sit there and yell at it to grow faster. You just wait. Same with them stocks. You buy ‘em, then you wait. If you start tradin’ every day, all day, Uncle Sam gonna think you got a job, and that ain’t allowed on that F1 thingy.
- You gotta be a US resident, that’s for sure. If you’re just here for a spell, then leavin’ soon, it might not work.
- They say there ain’t no limit to how many times you can trade in a week, but don’t go gettin’ greedy. Remember, it gotta be passive.
- Robinhood, they don’t like folks from other countries without the right papers. So, get your papers straight.
Some folks are sayin’ it’s okay, long as you don’t trade too much. Like, buyin’ a cow and sellin’ it later, not tradin’ chickens every hour. It’s all about not lookin’ like you’re workin’. You’re a student, not a stockbroker, ya hear?
So, can you use it? Maybe. If you got that SSN, and you promise not to be tradin’ all day like a busybody hen, then maybe it’s alright. But if you ain’t sure, go ask someone who knows more than this old woman. I only know about farmin’ and cookin’, not these fancy city ways.
But remember, money ain’t everything. Work hard, study hard, and maybe you won’t need to be messin’ with them stocks anyway. A good day’s work is better than all that gamblin’, if you ask me.
And don’t go puttin’ all your eggs in one basket, like they say. If you gonna play with them stocks, don’t be bettin’ the farm on it. Just a little bit, you know? Be smart. Like plantin’ just a few seeds at first, to see if they grow.
So that’s the long and short of it. It ain’t a yes or no answer, more like a maybe, depends. Just be careful, and don’t go breakin’ no rules. Them government folks, they don’t mess around.
Tags: F1 Visa, Robinhood, Investing, Stocks, Student, International Student, Passive Income, US Resident, SSN, ITIN
