I’d be interested to see a writeup of the numbers and expected return.
We did napkin math. The crux of the issue is that annuities are normally bad (risk adjusted returns below the market), so gaming them, while an improvement, aren’t nearly enough of an improvement to take them all the way to good.
I’d be interested to see a writeup of the numbers and expected return.
We did napkin math. The crux of the issue is that annuities are normally bad (risk adjusted returns below the market), so gaming them, while an improvement, aren’t nearly enough of an improvement to take them all the way to good.