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Old 08-21-2009, 02:47 PM   #73
dalmations202
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Quote:
Originally Posted by Dirkadirkastan View Post
No, it's the opposite of Vegas.

In Vegas, if you spend the money, then you assume the risk of whatever the slot machine decides to give you. You either lose a little or gain a lot. The only course of action that allows you to know your result beforehand is just walk out and not spend any money.

With insurance, the risk is taken when you don't have it. You either save a little or lose a lot. Paying the premium steadies the possibilities and the risk factor is removed.

Hoping you'll get away without needing insurance is a gamble much closer to representing Vegas than buying a policy.
So what you are saying is that you are pouring money into something you hope to never use.
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