Share

Are VICs effective?

Cape Town - Online investing has seen rapid growth since the rise of the internet.

In Europe alone, online retail sales rose by 14% last year to more than £50bn, with predictions of continued growth. In the US, online investments accounted for almost 40% of all retail trades.

Online investing provides investors with an opportunity to lower transaction costs at greater convenience and with control over their own investments, all benefits that have contributed to fast and continuous growth in the vehicle.

Investors participating in online investments are known as individual investors, as they independently execute transactions.

Individual investors use online virtual investment communities (VICs) to seek, disseminate and share stock-related information.

This type of stock-related information provides prospective individual investors with the ability to make better investment decisions by monitoring the decision-making of other individual investors.

The VIC platforms also provide a number of comprehensive online financial services and tools to allow individual investors to manage their financial interests through an integrated service.

To determine the effectiveness of VICs for individual investors, as well as what characteristics are required by a VIC to ensure member loyalty and in turn ensure commercial success, you are invited to complete a survey questionnaire.

The questionnaire has been approved by the University of Cape Town ethics committee. The collective findings will be captured in a report that will be presented to UCT, and may also be published in an academic journal or presented at a conference.

To complete the questionnaire, please click here.

 


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.88
+0.3%
Rand - Pound
23.87
+0.2%
Rand - Euro
20.39
+0.2%
Rand - Aus dollar
12.33
+0.1%
Rand - Yen
0.12
+0.2%
Platinum
908.05
0.0%
Palladium
1,014.94
0.0%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent Crude
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders