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List: Posted: 12/09/10
Online investing has made it simple for millions of people to begin to develop a personal portfolio. It is important to note that all of the online stocks that they are buying or selling are exactly the same as the stocks available through a traditional investment house. The only difference is that the online stocks are purchased directly through the brokerage and are often selected by the buyer without any input or feedback from a financial professional.
Does this mean that online stocks require a lot of knowledge about the markets? Not at all! In fact, many people find that relying on online stocks as their major form of investment has allowed them to better understand the world of finance and how to make their portfolio as stable as ever.
For example, all online stocks will be broken down into the same groupings as stocks sold through traditional venues. This means that the individual investor will have growth, income, and value online stocks to select from. They can also track the performance of these online stocks throughout the day, or just on a weekly basis if they choose. They won’t have to contact a brokerage and speak with their individual broker to find out how their online stocks or holdings are doing. This means that the online stocks provide the buyer with the ultimate control over their financial destiny.
Let’s make a quick example to illustrate that point. In a traditional format the buyer would receive monthly statements from the brokerage, and could then instruct them accordingly. With online stocks, however, the owner who sees a particular stock beginning to “tank” one day could get themselves out of that deal within a matter of minutes or hours.
Clearly, online stocks let the investor monitor their portfolio and ensure that it retains the holdings that perform in the best ways possible.
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