Woodsy wrote:
"In my youth" I went half way around and back. At the helm a lot of
the way in a big USN way. "As I age" I wish to do it all the way
around. My wife and I will be in South Florida for vacation the week
of Christmas, and would like to look at ?catamarans? capable of a
circumnavigation. We would not be able to purchase before next fall,
hinging on the sale of everything we own to accomplish this dream.
Is there a polite way to view boats in the $100k to $150k range while
not feeling that we are taking advantage of some brokers time, or a
private individual's time, knowing that the boats we look at will have
been sold by then? (I also wonder if SO will be able to handle the
small quarters)
Is it realistic to think that a well equipped boat, with $100k in the
bank will last? 5?, 10?, 20 years till social security kicks in?
There are no answers to the financial questions beyond the here and now.
Will Social Security be around in 5, 10, or 20 years? Will the
purchasing power of the dollar even remotely resemble its current level?
A $100k boat may hold its value far better than $100k in a bank.
The key issue, Frank, is whether you would go ahead with the venture
even if you thought the money wouldn't last. That makes it much easier
and probably more honest as well.
Looking for input, thank full for your time.
Frank and Gail.
(and is "Gail Wins" a bad name for a boat?)
How does Gail see that?
Good luck!
Chuck
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