How to Calculate the Lost Opportunity Cost of the Typical way to Educate Kids.
A college education that cost $30,000 per year in today’s dollars
with a 6% inflation for a 4 and a 6 year old will remove $2,187,493 from the parents wealth by the time they are 68 years old. How? The actual cost of the school plus the opportunity cost of the money removed from the parents’ es… Continue Reading
First let’s define what a job is.
Any time a dollar buys an asset, pays an insurance premium, reduces tax, increases cash flow, leverages itself, improves protection, recaptures opportunity cost, improves liquidity, recovers control, enables tax benefits, builds confidence, gains movement or lowers restrictions, that dollar is doing one job. And in many p… Continue Reading