Internet is top source for investors
Jinfo Blog
3rd February 2009
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The Internet continues to grow its dominant position as the main source for investors and financial advisors, according to a new online survey by business news web site Forbes.com (http://www.forbes.com), in partnership with business communications firm FD. Individual investors who were surveyed revealed that 65% of them consider the internet their most important source of investing information. 47% of these investors spend 20 or more hours per week on the internet, excluding email, 54% reported spending more time on the web (not including email) in 2008, 29% spent less time reading daily newspapers, 37% spent less time watching television, and 32% spent less time listening to the radio, as compared to only 3% who spent less time on the internet. The financial advisors who responded to the survey showed that 68% consider the internet as their most important source of investing information and 50% reported spending more time on the internet (not including email). 39% of these advisors spend 20 or more hours per week on the internet excluding email and 1% spent less time on the internet - compared to 39% who spent less time reading daily newspapers, 28% who spent less time watching television, and 24% who spent less time listening to the radio. The surveys were conducted in November 2008. To view both surveys online, go to http://www.forbes.com/adinfo/research.htmlAbout this article
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