money-hacks on Nostr: Opportunity cost is often not taken into account Buying a car at £400 per month has ...
Opportunity cost is often not taken into account
Buying a car at £400 per month has an astonishing cost!!
In the first 5 years you spend £24,000
£400 invested at 10% annual yield is worth £31,600 after 5 years
Leave it another 25 years without adding a penny - you have £381k
Published at
2023-05-11 10:09:56Event JSON
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"content": "Opportunity cost is often not taken into account\n\nBuying a car at £400 per month has an astonishing cost!!\n\nIn the first 5 years you spend £24,000\n\n£400 invested at 10% annual yield is worth £31,600 after 5 years\n\nLeave it another 25 years without adding a penny - you have £381k",
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