Those are great points (especially the market-indicator fund which does the work for you). That's still the kind of thing which you would need to bootstrap enough of a nest egg to protect against the difference in risk between little ol' me and the Big Insurance Co.
Once you have enough money to protect yourself against one early disaster then you could shift over completely to saving up for self-insurance. I'm not there yet though :) I suppose it's like they say, you need to have money to make money.
Once you have enough money to protect yourself against one early disaster then you could shift over completely to saving up for self-insurance. I'm not there yet though :) I suppose it's like they say, you need to have money to make money.