BoatBanter.com - View Single Post

In article . net,
says...
And you live in an area that was way overpaid with the .com debacle. Lots
of millionaires on paper, but when the market realized that a website did
not merit a billion dollar capitalization, there money was gone. And they
probably bought on the come. Most the country, did not have a huge
fluctuation of income.
Bill

Not an unreasonable observation. We are also have the highest per
capita ownership of boats in the US, if I remember properly.

I sold some of that inflated stock to purchase the boat outright.
Thought I was being stupid. Turned out to be an accidently brilliant
move looking back. Spring 2000.

I didn't enjoy paying the giant cap gains tax bill the following year,
but I swallowed hard and wrote the check.

jps