Assuming you are immortal and will be using lj for the rest of your existence, your permanent lj membership has an internal rate of return of 16.67%. Not a bad investment. Assuming you’ll be on lj for another 6 years, using your permanent membership, it has an internal rate of return of 0%, not so hot an investment. Just a point to consider. =)
I don’t want a permanent membership mainly because I want LJ to have an incentive to earn my annual fee. I have no leverage over LJ if I’ve paid up forever and my only weapon is to stop being a never-ending expense of theirs.
I decided to get one– I intend to be on LJ beyond six years. At 19.99 a year- I will not see a return for 7.5 years. However I expect the price of membership to go up over this period which did play a factor in my decision.
what’s internal rate of return?
I got a permanent account for free… and I’ve had it for 6 years. What does that equal out to? 😛
You assume that the only reason to get a permanent account is to avoid annual fees. 🙂