Well now, if you had to borrow $100k to buy the boat, you wouldn't have
$100k of that $270k to invest day one , would you? And all of those savings
would not be on day one, would they ? They would average out being on year
5. If we are going to analyze, let's get it right.
Not to say boats are not expensive, but if you use it enough (or not), enjoy
it enough, it may well be worth it. "You can't take it with you."
Why do you post a message such as this HERE ? You might try
rec.beancounters, and expound on all the stupid boaters you have been
listening to.

"Wilbur Hubbard" wrote in message
...

wrote in message
...
Net loss of 270K. You pay 27 thousand dollars a year to use your boat
a dozen or so weekends a year. Stupid, just plain stupid!

Think about it.

Wilbur Hubbard

Now Wilbur do the math if the idiot did not purchased a boat.
Show with concrete evidence what happened to the 270K that what not spend
buying and maintaining a boat.


If that sum wasn't spent on something else stupid and useless as far as
investment is concerned it could be invested in something that would give
a reasonable return. Things like land, stocks, bonds, gold(in the last ten
years), If you get a 10% return per anum your 270K will be worth 540K in
ten years. In twenty years it makes you a millionaire. So you trade
millionaire status for the privilege of owning a 100K boat?

That's totally insane. . .

Wilbur Hubbard