Opportunity cost

Smoking three packs of cigarettes over 46 years has a significant opportunity cost. If a person invested and reinvested just that cigarette money over those 46 years, he or she could create a portfolio worth over $2 million. Researchers note that the value of a small...
Fresh Start

Fresh Start

The most common New Year resolutions include ‘quit smoking’, ‘lose weight’, ‘stay healthy and fit’, ‘save more money’ and ‘get (more) organized’. Fact source...