Seniors clamoring to invest in Facebook IPO

CNN Money reports senior citizens are eager to invest in this week’s IPO.

“Facebook’s initial public offering has been one of the hottest topics of conversation among seniors living in a retirement community in Boynton Beach, Fla., said 79-year-old resident Alvan Sweet.”

Not every older citizen is excited at the prospect however.  Fellow senior citizens and legendary investors Warren Buffett, 81, and Charlie Munger, 88, aren’t interested in investing in Facebook according to the article.

Read the complete article and weigh in on whether or not you believe Facebook will be a good investment for seniors:

http://money.cnn.com/2012/05/14/markets/seniors-facebook-ipo/index.htm?iid=HP_LN

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About UWF Center on Aging

The Center on Aging at the University of West Florida was established in the Fall of 2010 when the School of Psychological and Behavioral Sciences faculty along with assistance from Sponsored Research submitted a grant to the State University System Board of Governors in support of aging initiatives for Northwest Florida. Its mission is to improve the quality of life of aging adults through the application of science to address challenges associated with aging and to promote healthy aging, with an emphasis on prevention. This will be accomplished through inter-disciplinary and inter-professional efforts of basic and applied research, consultation, and partnerships with community agencies. Education and training, direct services to the aging population, and public awareness and understanding of the contributions and needs of elders will be primary objectives.
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