By mid 2010, the number of Facebook users aged 35 to 54 had grown by 328% (190.2% in the previous year) while the number of users older than 55 years had grown by a tremendous 922% (513.7% in the previous year). Wow…aren’t we on to something here?
In a few years time, one-third of the profiles we will visit on Facebook will be that of gray-haired people. Your mom, your friend’s father, my uncle…just about everybody old will be on Facebook.
The rate at which the 55+ are signing up (see earlier data for US below) and the rate at which the growth of 13-24 age group is declining will ensure this happens. Just in case you didn’t know Facebook has always maintained that the 13-24 age group was their bread and butter. Not anymore, I guess.
Maybe, the younger-lot have started introducing the 55+ folks in their homes to Facebook because they are otherwise getting bored at home. Not to mention the fact that this helps us youngsters NOT feel guilty about not spending time with them – “ohh, I sent my grandpa a message on Facebook…he didn’t reply” “We chatted up for a while this week”
Since older people don’t migrate enmass – like school kids, college kids or office going folks – they are most likely to start their life on Facebook alone (or with a limited set of friends). When with a limited set of friends, it is only the Facebook applications that can bring about stickiness for the user. But as luck would have it most applications built inside Facebook are built keeping in mind a young, yuppie user thus alienating Facebook’s fastest growing chunks the 35-54 age group that’s growing at 328% and the 55+ age group that’s growing at 920%. I wish Facebook & other application developers think long term and build some applications/tools for this aging group as well.
If you’re an advertiser on Facebook, you can’t have a full blast ‘reach all’ advertising campaign because Facebook isn’t what it used to be – a gang of young, impressionable people. For your ads to be effective, you need to target the right users based on age – which means, you are working with only 60% of the Facebook user base and this percentage will only go down. Then again, if you are an institution offering services like retirement plans, Insurance, Mediclaim, etc….Facebook should immediately become your hunting ground.
The oldies might be 40% of Facebook’s registered user base but are they equally active on a day-to-day basis? Maybe the active user base is still in favour of the youngsters? FYI – none of my older friends on Facebook play Farmville. Anybody you know that plays Farmville? Or are we right when we say there is an opportunity for application developers to build Facebook applications for an older generation?
Next to this set aside a little money each month (the amount depends on what you can spare) and buy Bitcoins.It is stored in a digital wallet which comes in the form of a program or mobile app.Check out these tips to see if bitcoin might be right for your long-term goals.You might want to consider halving your contributions and putting the other half into bitcoins and plan to do it for 2 years instead of one (reconsider after the first year).
I dont have any real advise here but I am interested in what others may say.Does anyone know if there is a way to transfer my 401K funds into BTC.I wish we had 401ks in my country, instead we have mandatory pension funds which are basically Ponzi schemes in which I try to deposit as little as possible. To the OP.
Wow, this is dangerous, if many people are going to do this, they will find out that there are not enough money to be taken out, it will bankrupt the government.
Bitcoin is one of the top alternate investments, should it be a part of your retirement portfolio.If your 401K investment are returning 5%, it would make sense to borrow it and pay yourself 8% interest.What are the odds that Bitcoin can revolutionize the retirement investment.
Use a self-directed Solo 401k Plan to buy cryptocurrency, Bitcoins, Ethereum tax-free and with checkbook control.What many investors do not know, however, is that it is possible to put.The Winklevoss Bitcoin ETF is an exchange-traded fund that will make it much easier to invest in the Bitcoin digital currency.
Yeah my coworker and I were discussing how awesome it would be if we could allocate part of our 401k into bitcoins.Bitcoin is a relatively new virtual form of currency, with several key advantages over traditional forms of money.The Bitcoin 401k and IRA Comparison Calculator bases it calculations on the spot price for the DOW, Gold and Bitcoin for the period selected, as provided b.I do however seen smart investment managers say, put like 1% of your net worth in bitcoin, and ride it o.Bitcoin has emerged as a digital currency that exists virtually, making it different in fundamental ways.
Stuffing your retirement nest egg with something as racy as bitcoin is a big gamble. If BitcoinIRA.com has its way, bitcoin will become ingrained as another retirement savings tool for generations to come.Iv been mining for almost 2 years now so my investments have compounded and im reinvesting in mining equipment.Solo 401k Investment Options Question: What is the easiest way for me to buy Bitcoin from My Solo 401k Financial.Sponsored by Private Internet Access, a Bitcoin-accepting VPN.This article covers everything you need to know about a bitcoin IRA.
Bitcoin refers to the now world-famous digital, or crypto-currency, which was only created back in 2009.Quote from: stevegee58 on March 28, 2013, 09:17:32 PM Wait let me get this straight.So my wife and I argued last night, because I want to try a year of using whatever I would put into a 401k to buy bitcoins instead.He was introduced to Bitcoin in 2013 and has been involved with it ever since.Bitcoin IRA announces superior fund returns along with 100% customer satisfaction in their self-directed cryptocurrency-based retirement accounts.
You cashed out your 401K as in you rolled it into another account like MtGox (I doubt they even have that) or you cashed out completely.
I have the advantage of being retired (I have the time required to do this) and my experience as a financial analyst (where the people that tell your financial adviser what to buy) allows me to do my due diligence.Bitcoin is a digital currency that functions in the same way as standard currency.Every time you add a middleman to the process, either in the form of a broker or a fund, it means a further drain on your retirement funds.