MFGlossary

O For Opportunity Cost

It is cost of an alternative that must be foregone in order to pursue a certain action. Simply put, it is the benefits you could have received by taking an alternative action. It is the difference between the return of the lucrative option and the returns gained from the chosen option.

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My Financial Goal #1

My Goal

Buy a House

Achievment Date

July 31, 2022

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