CYBERSPACE FINANCE.THERE'S REAL MONEY IN THE VIRTUAL WORLD OF THE INTERNET AS THE INFLUENCE OF THE INTERNET GROWS, SO DOES PEOPLE'S RELIANCE ON IT AS A REPOSITORY of information, especially on how to manage your money. But like other mass media, the World Wide Web offers a mix of the good, the bad and the ugly. Without a doubt, the Web is a dynamic medium. For example, the number of online investors is expected to more than triple to 16.28 million, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a study commissioned by Gomez Advisors, an e-commerce research firm based in Lexington, Massachusetts Lexington is a town in Middlesex County, Massachusetts, United States. The population was 30,355 at the 2000 census. The town is famous for being the site of the opening shots of the Battles of Lexington and Concord, the first engagement of the American Revolution. , and Harris Interactive Harris Interactive (NASDAQ: HPOL) is an American market research company that specializes in public opinion research using both telephone and surveys on online panels. The company is the product of a 1996 merger between the Gordon S. Black Company and Louis Harris & Associates. , an Internet market research company in Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or . And while there are certainly a number of places on the Web where you can get reliable information on personal finance and use it to invest online, there's a great deal of misinformation mis·in·form tr.v. mis·in·formed, mis·in·form·ing, mis·in·forms To provide with incorrect information. mis as well. For proof, go to any financial news site. There you'll find banner ads promising to reveal the foolproof secrets to investment happiness. If that were the case, wouldn't such purveyors of financial paradise keep those secrets to themselves? Of course, you'll find financial hucksters in every medium, either hosting their own infomercials on TV, or touting their moneymaking schemes in-dare we say it?--the pages of reputable national magazines. Unlike such modern-day snake oil A product that has been proven to not live up to the vendor's marketing hype. The term comes from the 1800s in which elixirs and potions of all kinds, even ones that supposedly included the oils from snakes, were sold as a cure for everything that ailed a person. salesmen, we won't promise you that "Cyberspace Finance" will cure all your stock market ills or inoculate in·oc·u·late v. 1. To introduce a serum, a vaccine, or an antigenic substance into the body of a person or an animal, especially as a means to produce or boost immunity to a specific disease. 2. your checkbook against an outbreak of insufficient funds. Rather, we'll deliver information to help you manage your money more effectively. For example, in "Net Resources," we've found 14 of the best personal finance-oriented sites in such categories as investing, insurance, mortgages and taxes. What most of these addresses have in common is the capacity for the user to perform a variety of tasks and glean a great deal of information in the confines of one site. And in "Virtual Banking," we show you some of the benefits of balancing your checkbook online. We've also listed 10 online banks--some pure "Internet-only" institutions, others owned by traditional brick-and-mortar concerns--which offer the lowest-cost, no-frills Internet checking accounts. Now that we've shown you some of the tools to better manage your finances, it's your turn to dig for money management gold on the Internet. So log on, click and profit. |
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