"Don White" wrote in message
...
NOYB wrote:
"basskisser" wrote in message
ups.com...

NOYB wrote:

"Clams Canino" wrote in message
. earthlink.net...

Insure it for liability only and accept your own risks in this world.


Can't. The bank requires insurance that covers the loan amount.

Pay cash.


I did for every boat I've owned up until now. I just didn't have 100
grand laying around, but I could afford the payments.

I don't know too many guys in their mid-30's who have a house, boat, car,
etc. paid for in cash.




You paid for that house in cash? Thought I read that you mortgaged it and
only make interest payments.

No. I mortgaged the house, and have a payment on the 30' grady. I own my
wife's Sequoia, my 17' Whaler, and everything else. I was talking about the
mythical folks Kevin speaks of who are 30 years old and paid cash for
everything that they have.