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Posted: 5/23/2008 - 0 comment(s) [ Comment ] - 0 trackback(s) [ Trackback ]

SEATTLE--An in-depth new research report from Online Banking Report explores the growing trend of online “social investing” and online investing communities. Social investing is the exchange of information about stock, bonds, CDs, and other investment vehicles within an online community. This new technology taps the same trends driving dramatic growth of social networks like MySpace and the “always on” nature of young people’s lives in order to help people optimize their investments. The new report, “Online Investing Communities: Will social networking revolutionize saving and investing?,” looks at how investment companies and financial institutions can become involved in the social investing space and successfully leverage this new trend to attract users, increase their sales, improve their service and enhance their branding. The report also provides primary consumer research which surveys online users age 21 and over regarding their interest in online investing communities and uses the data to develop a 10-year forecast for household usage of social investing features. Finally, the report includes a Social Investing Expert Roundtable in which executives from leading social investing startups answer questions about this trend and their products. This exclusive research is available only from Online Banking Report and is a must-read for any financial institution that wants to learn more about social investing and how they can take advantage of online investing communities. It can be downloaded immediately after purchase at www.onlinebankingreport.com. Companies Mentioned: Bank of America, Boulevard R., Cake Financial, Co-operative Bank (UK), Covestor, Facebook, Fantasy Stock Exchange, Gather.com, H&R Block, Ideablob (Advanta), Motley Fool CAPS, NetWorthIQ, OptionsXpress, Scottrade, Sharebuilder (ING Direct), Schwab, SmartyPig, SocialPicks, Vestopia, TradeKing, Zecco, StockPickr (TheStreet.com), Twitter, Wall Street Survivor, Wells Fargo, Yodlee. About Online Banking Report Founded in 1995 by former banker Jim Bruene, Online Banking Report provides in-depth analysis, relevant data, and informed recommendations to financial services executives in 50 countries. Online Banking Report is published by Online Financial Innovations, a Seattle-based research company. For more information and free sample reports, visit www.onlinefinancialinnovations.com, email info@netbanker.com or call 206-517-5021. You may also find OFI’s blog on the latest in online finance & banking at www.netbanker.com.
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