as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
write a python program to insert an element into a sorted list.
user
def insert_element(lst, element):
    if not lst:
        lst.append(element)
    else:
        for i in range(len(lst)):
            if lst[i] > element:
                lst.insert(i, element)
                break
        else:
            lst.append(element)
    return lst
assistant