More Bang for Your Buck: Profit from Age
Friday, May 26, 2006 | Jason JovineWe should all know by now what is happening in the
As the years go by, there will be fewer young workers to support the needs of those Americans who count on social security. This is also compounded by the fact that we are living longer. In other words, the needs of those who will not be working in the future will last longer and cost more money.
The Social Security program, as well as other government social service programs, must be revamped … and quickly.
Here is what the population projections for the United States are expected to look like, based on age alone, which is the main factor in one's mortality:
|
Population |
2000 |
2010 |
2020 |
2030 |
2040 |
2050 |
|
TOTAL |
282,125 |
308,936 |
335,805 |
363,584 |
391,946 |
419,854 |
|
0-4 |
19,218 |
21,426 |
22,932 |
24,272 |
26,299 |
28,080 |
|
5-19 |
61,331 |
61,810 |
65,955 |
70,832 |
75,326 |
81,067 |
|
20-44 |
104,075 |
104,444 |
108,632 |
114,747 |
121,659 |
130,897 |
|
45-64 |
62,440 |
81,012 |
83,653 |
82,280 |
88,611 |
93,104 |
|
65-84 |
30,794 |
34,120 |
47,363 |
61,850 |
64,640 |
65,844 |
|
85 |
4,267 |
6,123 |
7,269 |
9,603 |
15,409 |
20,861 |
These figures come straight from the U.S. Census Bureau at Census.gov. As you can see, by the year 2050 Americans age 65 will account for almost 21% [(65,844 20,861)/419,854] of our population, which is an increase of approximately 9 percentage points from the year 2000 numbers [(30,794 4,267)/282,125].
An increase in the elderly population of about 9 percentage points may or may not seem like a lot to you, but it really is. In real numbers, this is a total increase of 51,644,000 people … while our entire population during the same period in real numbers increases by only 137,729,000 people. Do you see what I am saying?
Now the only things guaranteed in life are death and taxes, right? This is the unfortunate truth, but guess what ladies and gentlemen … most of us don't die right away; we get some kind of illness which takes time to take our life.
In the meantime, while we are suffering in the years or months prior to our final goodbye, there are places that offer care to "supposedly" make our journey from Earth to the afterlife less painful. This kind of care is called hospice care. I hope that you haven't heard about it; but I am sure that you have.
The stock that you want to own as an investment over the long term is called Vista Care Inc. The symbol is VSTA, and when you read this it should be trading at around $13.50 per share.
What the company does is provide hospice care in the
If you are thinking about making this investment, make it for the long term. This should be looked at as an investment and not a trade. You will make money with the company as long as people continue to need help dealing with their mortality.
Do you think this will be a good investment over the long term?
So do I …
Rate his article here »

Jason Jovine
Contributing Editor
The Tycoon Report


