Question: Stocks too volatile? Bonds too boring? Then try an alternative investmentone you can wear on your wrist. [The] typical return on a watch over five
Stocks too volatile? Bonds too boring? Then try an alternative investment—one you can wear on your wrist.… [The] typical return on a watch over five to ten years is roughly 10%. [One could] do better in an index fund, but… what other investment is so wearable?
a. What is the cost of buying a watch?
b. What is the opportunity cost of owning a watch?
c. Does owning a watch create an economic profit opportunity?
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