On 08/06/2010 2:39 PM, Jim wrote:
nom=de=plume wrote:
After much discussion by the four of us, we've concluded that we're
pretty much there, as far as being able to afford something in the
$300K range. The basic philosophy we're using (and have used
individually and collectively for most big purchases) has been to save
for twice the expected cost. This has the effect of allowing us some
wiggle room with purchase prices in general, not feeling like we're
cash broke after a major purchase (e.g., with our two mortgages, we
can afford twice the current monthly payment), it gives us the ability
to incur after-sale expenses (oh, yeah, I guess a sailboat does need a
mast), and extends the time before one or more of us needs to
seriously get back to work. (Two of us will be standing down from
active work for the better part of 1-2 years, the other two will head
back into the grinder in less than a year.)

I'd be interested to hear what those who've made major purchases, such
as for a boat, have done (or not done) along these lines. Did you
pretty much go all in or did you do something similar?


You're nuts if you think you can get any good advice on high-priced
sailboats from the assholes here.
Except for Wayne, none know squat about that, and he's a stinkpotter now
and out of the loop.
Try internet sailboat forums.
Just come here to talk powerboats or to take a dump.

Jim - Holding my nose while here.

Which if de-plume wasn't pulling your legs, she/it would not be here.
Think about it, 7x24x10 weeks now non-stop. It has a boat, it is likely
the S.S. Minnow movie set prop on a keychain.

--
Liberalism - a disease of envy, greed, entitlement and KAOS.