[vpFREE] "annuitized"

I guess you have some sort of fetish for this phrase but on a quick
search it doesn't seem to be catching on with anyone else at vpFREE...
and the linguistic tic aside, while I admit to only knowing the
general idea of how an annuity works, it's not clear to me this is
such the holy grail, i.e.

- I doubt very many people would want to "get out of gambling forever"
(whether for enjoyment or intellectual challenge reasons)

- for those that did, whether an annuity is a gain over parking it in
some safe conservative investment even if they were that risk averse,
and

- is $1MM really enough (see Dec 2014 post below)? we're talking
about a never-have-to-work-again annuity, right? maybe for the right
set of age and life circumstances?

I mean having a non-linear utility curve is fine and all but it seems
weird to be willing to take longshots with multiple-lifetime cycles
when your bankroll is small and then take like no risk whatsoever with
a gigantic bankroll.

On Sun, Mar 13, 2016 at 12:30 PM, Nordo123@aol.com [vpFREE]
<vpFREE@yahoogroups.com> wrote:
> Mikey by now is annuitized anyway.

On Sun, May 10, 2015 at 1:00 AM, Nordo123@aol.com [vpFREE]
<vpFREE@yahoogroups.com> wrote:
> Get annuitized early and keep everything for the rest of your life.

On Fri, Apr 17, 2015 at 6:15 PM, Nordo123@aol.com [vpFREE]
<vpFREE@yahoogroups.com> wrote:
> If you get lucky from the beginning you can become annuitized (lucky
> you) and get out of gambling forever.

On Sun, Apr 5, 2015 at 1:04 PM, Nordo123@aol.com [vpFREE]
<vpFREE@yahoogroups.com> wrote:
> Because my money utility function is not totally linear (unlike Bob
> Dancer's) I would be tempted to play this game for a few dollars. If I
> hit I would be annuitized (totally!!).

On Tue, Jan 27, 2015 at 4:33 PM, Nordo123@aol.com [vpFREE]
<vpFREE@yahoogroups.com> wrote:
> Of course if I'm annuitized no gambling (yeah) is in my future.

On Thu, Dec 18, 2014 at 9:14 AM, Nordo123@aol.com [vpFREE]
<vpFREE@yahoogroups.com> wrote:
> if I was sure that $1 play for $1,000,000 royal was honest I would play
> it once or more than once if offered. That's annuitizing money you're
> talking about.

On Thu, Oct 16, 2014 at 11:04 PM, Nordo123@aol.com [vpFREE]
<vpFREE@yahoogroups.com> wrote:
> Come on casinos: I want to be "annuitized".


------------------------------------
Posted by: "Peter M." <midnight1626@gmail.com>
------------------------------------

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