3 ms·
At 5M+ it doesn't really matter if you pay $1000 or $10000 for insurance.
by _nalply 7y ago
At 5M+ it doesn't really matter if you pay $1000 or $10000 for insurance.
- shoo 7y agoBeing indifferent to a recurring unnecessary 9k annual expense is roughly being indifferent to 9000 / +4% * 5m) = 4.5% loss of income from investments. If you're indifferent to too many decisions of this form, it's a good way to solve the problem of figuring out how to manage your assets