WBC Risk Management Inc teaches its clients a fundamental principle that allows one to have a steady and confident outlook when making financial decisions. This Steady State Principle centers around the Store of Intrinsic Value. Once you understand this principle of steady growth, then implement it with Protect, Reserve, Invest.
Opportunity cost is defined as the cost to your future by doing one thing versus choosing to do another, better thing. Opportunity benefit occurs when you are presented with a good idea, then realize a gain because of the idea.
Businesses and families need a far-reaching financial principle with which to make confident, objective, and safe financial decisions. With this principle, you can minimize or avoid opportunity costs, these often occurring unknowingly and unnecessarily to you. At the same time, you can prepare for economic benefits of opportunities as they arise.