Understanding Opportunity Cost When Investing In Property
While most investors have got involved in property investing because they understand the opportunities to make money through leverage and capital growth or high yields, I still see and hear of many who do not fully understand opportunity cost. Remember anyone that gets into property is usually in it to generate money or income – how many deals/properties you own is insignificant. So what does opportunity cost mean? Well according to the encyclopedia, “Opportunity cost is a term used in Read More