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Disadvantages of online investment
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[QUOTE="Holicent, post: 243756, member: 76163"] While online investment has many benefits, such as ease of use, reduced fees and commissions, and the ability to invest from anywhere at any time, there are still some disadvantages. First, is the issue of security of deposits. When you make a deposit online for a product or investment, is it insured? There are no guarantees with online deposits even if you're dealing with a reputable company that offers encrypted communication options. In addition to this safety concern, some customers just don't like having personal information on the Internet at all, regardless of whether or not it's secure. Finally, while online investment can be more convenient than going to a physical location to do business in person, it's important to note that there are limited options available when it comes to what kind of investments you can make and how often you can trade them. Sometimes this may not be an issue for you, but if you have a complicated portfolio where you need to frequently adjust investments or make complex trades, then online trading might not be the best option for you. [/QUOTE]
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