Essentially, opportunity cost is the potential benefits or gains an investor, consumer or business misses out on when one alternative is chosen over another. Here are some key takeaways: You cannot ...

Opportunity cost is a concept in economics that refers to the value of the next best alternative that is forgone when making a choice — i.e., the cost of the best alternative that is not chosen.

Many of us pride ourselves on being resourceful and self-sufficient. Tackling tasks ourselves—whether preparing a home-cooked meal or taking on a complex work project—often feels rewarding. However, ...

We say “yes” to countless things every single day — whether it be a purchase, accepting a task or invite or even giving something our attention. Most of the time, these are not conscious decisions, ...

Don’t you hate it when you realize, in hindsight, that you missed out on returns from a high-flying investment? Plenty of people get wistful, thinking they could have bought Amazon.com Inc. (ticker: ...

The age-old financial wisdom of stashing six to twelve months of expenses in cash is facing a rebellion from an unlikely group: high earners who’ve crunched the numbers and decided the traditional ...

The University's Target of Opportunity hiring program allows departments speed and flexibility in securing stellar candidates by bypassing the slower and more cumbersome standard hiring process, but ...