Usually people don't use a burger when participating in discussions.
With a 401(k) there is a higher likelihood of money appreciating over a 30 to 40-year period could be a negative for investing solely into an IRA.
Investment definition is an asset obtained or invested in to build wealth and keep money from the difficult-earned income or appreciation. Investment means on the whole to attain an additional supply of income or advantage benefit from the investment over a specific time period.
For the majority, the 401(k) is the better desire, even though the available investment options are less than the best. For excellent results, you may stick with an index price range that has low management prices.
Cryptocurrency can be an extraordinary investment with astronomically excessive returns overnight; but, there may be also a full-size drawback. traders have to analyze whether their time horizon, hazard tolerance, and liquidity requirements healthy their investor profile.
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Mike will not be able to pay his bills. He will not be able to work with an injured ankle. Mike will live in a cycle of poverty at this rate. Mike needs to move back home with his parents & go back to school. While he is in school he will be able to be on his parents insurance while he gets his education. Then when he gets a degree he will be better suited to take care of himself & live on his own.
Answer:
The correct answer is letter "E": The benefit of going to high school was greater than the benefit of working full-time.
Explanation:
Opportunity cost refers to the difference between choosing an option over another. It represents the benefit (if any) of the chosen option over the potential benefit obtained over the option that was forgone. In some cases represents what was "left on the table".
If choosing going to high school instead of working full-time, that implies, for that person, <em>graduating provides a higher benefit than being paid monthly for a regular job</em>.