On Oct 5, 2:49*pm, JimH wrote:
On Sun, 5 Oct 2008 11:31:41 -0700, "Calif Bill"



wrote:

wrote in message
...
On Oct 2, 8:42 pm, JimH wrote:
On Oct 2, 7:37 pm, DK wrote:

BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.

I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? I'd like to get some!

From 2002 through 2007 my investments earned 10+% (often significantly
higher) while car and boat loans were below that.

Not a hard thing to understand but we all know why you don't.

This from a person who can't afford an on-demand water heater that
would return his investment in a few years and had to settle for
adding another energy hog conventional water heater.

On demand water heaters also have problems. Especially with older plumbing.
they have a filter that plugs up easily.

You are correct. * As usual Loogy does not know what he is talking
about.

I did not have the proper sized gas line at the spot I was to put the
heater and I would have had to spend some big bucks to correct the
problem as my basement is finished with a drywall ceiling.

Additionally, I found out that due to our incoming water temperature
during the winter the water would not heat up to our deisred 125F.

Lastly, considering my total costs I did a cost benefit analysis and
found it would take me a over 20 years to recoup the costs of
installing a tanklesss system.

I had the water tanks removed and replaced with a single 40 gallon
unit for $750. *It burns about $35 of NG each month and has plenty of
supply for 4 showers.

Check that figure on the cost to heat the water/month......should be ~
$20-$25, not $35.