"DSK" wrote in message
...
"Bob Crantz" wrote
Who in their right mind would put more than 50K$ into a boat?


Well now that's a loaded question, ain't it?

What do you expect?


J B wrote:
That's just when they start getting nice.

Nah, there are lots of nice boats much cheaper. That's a good round
number to start looking for bigger ones that are nice, tho'.

What about $100K? Or $200K?

I guess it's all relative.

True. It's also relative about how much of one's assets would they sink into
a depreciating recreational toy.


Funny thing, the buying price is just the ante.

Exactly.


A few years ago, we
started getting active in trawler cruising circles and a Great Loop
cruising association. A number of people we met were talking about
buying a boat specifically to do the Loop, and when we got into details
they were all shocked at the idea of budgeting 20% to 50% more than
their purchase price for upgrades & commissioning... but two of the
folks we've gotten to be good friends with have done just that... or more.

Yeah, it's crazy!


For most people:
50K is several years of disposable income saved up. Then after that, most of
the disposable income goes into maintenance, upgrades, etc. In the end, the
boat owns you. Then consider what if you took that 50K and invested it, look
at the lost opportunity cost.

A good portion of the American economy is based on frivolous purchases such
as this. But hey, that keeps people working and paying taxes and...

The rat race has a high entry fee and people will do anything to join.

Amen!



Fresh Breezes- Doug King