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Saturday, September 26, 2009

Online Investing Is Indeed For The Younger Generation

By Michele Perdue

Online investing is the latest trend in today's financial world. With the reach of Internet at every corner of the globe, online investing is increasing day by day. We are living in lightning fast speed; we want everything to happen in blink of a second be it our fast food, our transport with super fast train, our work culture, our party style.

We do not have time for anything because we are trying to make time for everything, we are in hurry to do things fast. Research by Forrester Research shows that more than nine million households traded online in 2007 and the number is expected to grow by thirty percent by 2011 expecting moderate gains from the stock market.

Research also shows that most of the online investors are Generation Y in between the age group of eighteen to twenty six though Generation X is also not far behind.

In search of easy and fast money youngsters have taken on to online investing. Furthermore, since the internet is the IN thing right now, anything and most of the things on internet works and sell like hot cakes among the Generation Y.

Youngsters are working from the tender age of 12 to 15 and saving it to be invested in the share market. Many informed investors have made money this way climbing the investment ladder faster than their parents ever did.

The youngsters who invest online are mostly internet savvy and know to work around it in the most efficient manner. This also enables them to use different tools for an investment comparisons and market situation. They are not out there making wild guesses but really studying and working around it to make a fortune. Investing online has also removed the age barrier with more and more youngsters getting on board in the race of maximum wealth creation. Some win and some lose but definitely online investing is popular among the Generation Y. - 23217

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