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Old August 9th, 2008, 05:38 AM   #7 (permalink)
jhill3535

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Join Date: Mar 10, 2008
Location: Arkansas USA
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Quote:
Originally Posted by WotaWaster View Post
If you turned $1000 into $2000 over the course of a year and it took you 1000 hours your time would have been more producively spent at another job?
I understand the importance of hourly rate in other things. I stake and play poker in time that I wouldn't be doing anything else productive.

I spend like an hour a day at work in the morning going over everything from the night before and updating my spreadsheets. After that everything is pretty much done while multitasking.

The key to opportunity cost, which is what you are alluding to above, is that you actually have to have another opportunity or another job that you could be doing.
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