Thread: Insurance
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Old 10-05-2007, 06:42 PM
IggyWH IggyWH is offline
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Default Re: Insurance

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The lost utility in going broke greatly exceeds the utility gained from getting rich?

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I would say the answer to this is yes for most people. There may be situations where someone is so poor where if they lose everything, it's not going to matter, but other than that, keeping what you currently have seems like a better idea to people than going broke.
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