Kwiheed

Breaking Even

March 15th, 2009

When you hold greenbacks—cold, hard cash—in your personal possession, there is a substantial cost.  It is what the economists call opportunity cost.  The opportunity cost is the amount you give up by not having that money at work, earning interest.
If you keep a lot of cash stuffed in a mattress, or even in a safe-deposit [...]

Tagged and categorized as: General, Investment, Money | Comment (0) | TrackBack URI

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