Do you understand opportunity cost?

Consider This Program with Joe Clark, CFP, and Jamie Burton.
In this segment we will cover:

Every choice that you make has consequences, financial or otherwise. For example, if you choose apple pie over a brownie for dessert, you get the apple pie, but you give up the opportunity of having the brownie. The act of selecting one alternative means you've given up the benefit you could have had if you had chosen a different option.

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Disclaimer: Do not construe anything written in this post or this blog in its entirety as a recommendation, research, or an offer to buy or sell any securities. Everything in this post is meant for educational and entertainment purposes only. I or my affiliates may hold positions in securities mentioned in the blog. Please see our Disclosure page for the full disclaimer.

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