Twitter, Social Media, and your 401k Planning Process
Social Media is all of the buzz, with different applications and sites popping up all over the internet. eRollover is incorporating many aspects of Social Media into our platform as we strongly feel that our users can stand to benefit from a planning perspective. As a result, eRollover is putting together a series of blog entries on Social Media, its impact on financial services, and the benefit to the end user.The Current Social Media Darling is Twitter
Twitter has been all the rage recently. As a microblogging service that is usually limited to 140 characters, Twitter is a quick way to facilitate conversations, ask questions, and get the input from thousands of your peers. As the "on demand" information age continues, we thought that we would show how users can take advantage of Social Media.<Examples of 401k Tweets on Twitter
• addBusinessSkills Jul 15, 2009 @ 12:54 pm If better is possible, Good is not enough.http://blog.ira-401k-realestate.com Boomers-Bank Green-Energy-Technology• addVenture2Invest Jul 15, 2009 @ 12:53 pm Does your funding manager or firm have equity in the investments they place your 401k into? Didn't think so.http://empoweryourbest.com
• addreallifeadv Jul 15, 2009 @ 12:35 pm @erincharp I'm ready to cash out my 401K for ya baby ;) Not that there's much left in it! HA!
• mikemallzaor Jul 15, 2009 @ 12:26 pm @as_green Looked at paystub w/ 401k and one without. Then just multiply by # of pay periods. Pretty cool how much I'm saving on taxes.
• ChrisMacmanan Jul 15, 2009 @ 12:24 pm @MrisbananI'm trying to be extra aggressive because I'm making up for not having a 401K in 2008.
• addwellheeledblog Jul 15, 2009 @ 12:03 pm @missmarisol I just took my 2 pay stubs (one w/ 401K and one w/o) and compared the tax deductions. I'm excited about the tax savings. :)
• addtedweismann Jul 15, 2009 @ 11:59 am RT @colfert: Intel results lifts markets. Go 401k. I'm only down 30% now. http://tinyurl.com/mwn8g4 (I second that Corey)
• blogginsouth Jul 15, 2009 @ 11:54 am Which means... every month I'll be paying ~$870 LESS in taxes. Which means, if I max out 401K for 2009, I'll be saving $4,783 in taxes.
Twitter is a Tremendous Source for Financial Information
Twitter is serving as a valuable resource for unbiased financial information and problem solving. 10 years ago, it would have been unfathomable that someone would be able to log onto a computer, ask a question, and carry on literally thousands of conversations about your topic. The financial industry was a more guarded industry, and you had to rely on an advisor for many of the answers you can find in seconds on Twitter.
