Investing by the Average Investor
Many changes have led up to the new millennium and few believe
that we have seen the end. Today, the Internet is not only
a major source for information it has also become the instrument
that, according to many, will propel changes rivaling those
that accompanied the industrial revolution.
Most companies, including those offering financial products
and services, have been affected. Few would have predicted
stock trading and banking "on-line" yet it is no
longer a novelty. Mutual fund companies are under growing
pressures to broaden their family of funds, reduce their Management
Expense Ratios (MERs) and provide direct access to their products
by consumers. Life insurance companies have not been left
behind. Term insurance can now be bought over the Internet
and there have been more product changes and enhancements
in the last few years than we have seen in the last century.
Fuelled by instant availability of quality information on
all aspects of investing combined with a desire to reduce
costs when buying financial products and services, investors
want to be personally involved in the financial planning process.
Investordesktop is designed to be a one-stop site for those
who want to take a more hands-on approach to creating their
own financial plan. It is not designed to turn you into a
financial planner nor discourage you from working with a financial
planner. Rather, the objective is to provide you with insight
and information that will encourage you to become more involved
in the design and management of your personal financial plan.