It has also started spending heavily to increase the customer base. While this strategy will generate losses in the near term, a successful campaign will give them a far stronger competitive position. The company has more than 225,000 accounts in about 60 countries and adds almost 900 accounts a day. This trend should continue over the next decade as more people use online services to maintain control and reduce costs on investment holdings. This page only represents the views of the author and should in no way be taken as professional investment advice.
Stocks can go down as well as up.
Any investment should only be made after careful analysis of the company and the current economic conditions.