Online Investing Is Growing - Faster Than Predicted! Despite doom-and-gloom predictions, the U.S.
online investing market is continuing to expand at a rapid pace.
Starting with 17.4 million online investors at the end of 2001, the total market will grow 18% to 20.6 million by the end of this year.
"Because of market conditions many experts were expecting people to abandon online investing in droves," says David Hallerman, eMarketer Senior Analyst and author of Online Investing, "It's true that some day traders are leaving, but many more long-range investors are coming online to take their place." Showing steady growth, the baseline of U.S.
internet users investing online is projected to rise from 14.3 million in 2000 to 32.4 million in 2004, a 126.9% increase over a five-year period.
"These users aren't going to come and go with market fluctuations," says Mr.
Hallerman.
"They are aging and have more money available for investment.
They are coming online because they want greater control of their investments and the direction of their retirement plans.
In addition, they are more comfortable with all forms of internet commerce.
These factors will contribute to increased stability and continued growth in the online investing sector." Invest In Your Future Online Investing, which contains over 200 charts and graphs like the one above along with sharp insights and analysis, covers the key issues facing the investing industry today: - The US investor universe - Market consolidation - Asset management - Trust issues - Account aggregation - Trade settlement transformation