Frequently Asked Questions
Q:
I’ve heard you talk about efficiency of money? Why is efficiency important?
A:
Because we all have limited resources. We must squeeze every ounce of value out of every dollar. Every financial choice is made at the expense of something else we could do with that money. Every choice carries with it the opportunity to create benefits and rate of return on our money. Our choices can also create cost and opportunity cost. Efficiency is about creating the most benefits and maximizing rate of return while reducing (or eliminating) costs and opportunity cost.
Q:
What’s opportunity cost?
A:
If you gave me $20,000 today and 10 years from now I gave you $20,000 back, would you be happy? No, of course you wouldn’t because you’ve lost the opportunity for that money to earn something for you.
Securities offered through The O.N. Equity Sales Company, Member FINRA/SIPC, One Financial Way, Cincinnati, OH 45242, (513) 794-6794
Licensed to sell insurance and annuities in
Minnesota, Wisconsin, Washington and Colorado.
Call today. Gain momentum tomorrow.
Take advantage of your free hour-long consultation and discover what expertise and enthusiasm can mean for your financial future.
Office 651-578-2961 ~ Cell 651-274-5424
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