Stocks too volatile? Bonds too boring? Then try an alternative investmentone you can wear on your wrist.

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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? Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...
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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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