Web Street
Electronic investing or "E-investing," (i.e. online trading) has developed concurrently with the World Wide Web. The growth of discount brokers and the popularity of the Internet have led to "do-it-yourself" investing. The Web has transformed from a stock market research tool into a transaction tool for online investors. And it's not just big banks or electronic brokers who are offering online accounts. Many mid and full-service brokers have created online services, so customers can
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Although online investing still has risks just like traditional investing, the potential benefits outweigh the hazards. The ability for individuals to control their own financial destiny and not be at the mercy of a broker will draw millions to this modernistic way of market trading. Someday soon perhaps "Wall Street" will become known as "Web Street."
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