sailboat buying strategy
On Jun 9, 10:23*am, Jim wrote:
Tim wrote:
NOW, about boats. *It is well known among sailors that the bigger the
boat, the less it is sailed. *Big boats tend to be marina queens.
There's a local guy around here that has loads of dough that he's
gained by rather undisclosed means that has an 85' "something" sitting
docked at Ky. Lake. Every fall he fires it up and ICW's his way to
Florida where it sits all winter and he flies back. then in the
spring, he fires it back up and moves it back to Kentucky lake and int
he fall he repeats the process.
And that's about it.
Too bad he doesn't post here.
Not sure what your point is.
If you take out Wayne, what you said he does is about 20 times the total
boating of all the so-called "boaters" posting here.
Was that your point?
Jim - About to give up on this trash heap. *Almost every post here gets
deleted unread.
Wayn is a class Seaman, who enjoys his craft and lives on it at least
most of the time and takes it on many nautical mile excursions. He
uses his boat. That's not what I was talking about.
Further, I'd say about a million or multi million dollar craft just
sitting and not being used...if it's some type of tax hedge/write
off, or just plain pride of life syndrome.
I'd think that the money would be better used elsewhere. I'm in no
financial set up[ to waste much of anything let alone tie up anual
dock and maintenance fees that are worth more than a good yearly
working wage.
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