The average boat owning idiot.
 

"Gogarty" wrote in message
...
In article , says...


"You can't take it with you."

We bought our first boat on the way home from the funeral of our best man.
More than tweny years ago. The funeral was on the far end of Long Island
(his
ashes were scattered in Three Mile Harbor) and the yard was on the way
back to
Manhattan.

A funeral is always a reality check, especially when the deceased is someone
close and young. I think a lot of boats have been bought after funerals.

Max

The average boat owning idiot.
 

"KLC Lewis" wrote in message
et...

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.


Gee, if it wasn't for all us idiots who actually own these pieces of
floating crap, Captain Kneel wouldn't have a boat to play on at all.
Wonder how many he'll be welcomed on after word of his attitude gets
around the docks.

It certainly didn't take just this tirade to dissuade me from inviting him
aboard.

Max

The average boat owning idiot.
 

Wilbur Hubbard wrote:

"Lauri Tarkkonen" wrote in message
...

In "Wilbur Hubbard"
writes:


"Lauri Tarkkonen" wrote in message
...

In "KLC Lewis"
writes:


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.


"Wilbur Hubbard" wrote in message
...

The average idiot buys a boat for say 100K and finances it for ten
years. He fits it out and keeps it in a slip. The fitting out
costs 20K,
the slip costs 5K per year, the insurance costs 1K a year. Haulout
for
bottom paint 1K a year. Fuel 1/2K a year.

After ten years the idiot has spent 250K paying back the loan, 20K
fitting out, 50K slip fee, 10K insurance, 10K haulout, 5K fuel,
oil,
filters, etc.

345K invested in a 100K boat that perhaps can be sold in ten years
for
75K. 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


As for me and Essie, I paid cash for her (all of $8,000) and have
probably
put another $15,000 into new sails, rigging, instruments, anchors and
other
improvements over the past 6 years. I pay about $3,000 per year on
summer
slip / winter storage. Insurance is about $350 per year. Fuel? I
haven't
bought any for years -- I probably burn about $10 worth in a season,
since
the motor rarely runs and only burns about a quart an hour. Haulout
for
bottom paint? Hauling out happens every October, as close to Halloween
as I
can manage. I repaint the bottom, if needed, before splashing in the
spring
(one month from today) and isn't an extra expense. But everywhere I've
been
where bottom painting requires special haul-out, it happens every
three
years or so, and costs about $500. Even if it's a grand, it's not a
grand
every year.


What's she worth today? I can't say. I wouldn't sell her for rubies.
If I go
broke and bankrupt and lose 'most everything I own, I will still have
my
boat which will be my only home. People go to bars and pay $5.00 for a
drink
which passes right through them after stealing their brain for a
spell. To
me, THAT is a waste of money. Whatever floats y'er boat, mate!


We all know that it is dangerous to have more money than brains. To me
you are very fortunate, you are rich enough to get a boat enjoy it and
this other man is so poor he must calculate if he can afford one or
not.
As he can not afford it, we really should feel sorry for him.

- Lauri Tarkkonen


Lauri,


You are a trip. So touchy-feely and all that liberal crapola. If it
feels good go it. But have you never stopped to think you could have
taken your investment advisor's advice and invested in something that
would earn you some money instead of something that cost you an arm and
a leg?


Looks like you are even more cueless than I thought. The first boat I
bought was a racing dinghy in East Africa. Because I was keen to learn
and had more brains than money, I did some work on the boat and won a
number of races (actually some 90% of them) and sold my dinghy with
about a double what I had spent on it, because everybody with more money
than brains thought that it is nice to own a winning boat, you just sit
in it and win the next race. Then I came back to Finland, bought my
first 27 foot keelboat and sold it after 5 years with about double of
the price I bought it, the stock marked would have brought me about 20%
if I had done it properly, if I had done it badly I could have lost
everything, but at the meantime I could sail my boat entertain my
friends that would not be possible with the stock, bond or gold.

You can always charter a boat for a week-end if you highly value
a sunset somewhere aboard.


There are not a very good market for chartering, and it is very
difficult to coordinate the weather and the rosy sunset for the evenings
you charter the boat. Because I have been working in the university I
can administer my summers as I please, so I live in the boat
practically for two and half to three months. If I was forced to chace
the money as you seem to be, then I could afford to sail only for a
weekend or two, but this will not satisfy me.

I am afraind you do not know much about boats. Most of the sailors have
an idea what kind of boat they do like to sail. The charter companies
supply boats to ignorant people like you. They are suitable for being
kept in the harbour, you can invite your gests, offer them some
champagne, as they have cooling equipment, but they do not sail very
well, you do not get the feeling of beating in heavy weather and the
boat is nicely trimmed and goes high in the wind with some speed. Or
then you are aproaching the harbour in the dying wind, the waves are not
there the boat just goes, perhaps only 2 to 3 knots, but the silence of
the nature is beutifull, once a while you hear a familiar bird and you
know when you get to the harbour your wife is going to make a nice meal.

The best of both worlds can be had with a little sane thinking.


Sorry you are ignorant. There are not boats I like for charters not in
the area I sail and not when I want them. By the way, I have a
interesting project in my boat: Because we had a super warm summer, my
vife wanted a more efficient and bigger refrigerator. After some
thinking I know how it can be done, I have the cooling equipment and the
materials, when I get time to really do it, I will. To solve these kind
of problems could give some satisfaction to someone. Of course you can
get your satisfaction by earning another million, but if you can only
sail for a weekend and you can not afford a boat you like for yourself,
I think you are quite poor.

I can tell from your posts that you are quite impoverished.


I know that the governement does not pay very much, but as a professor
of statistics I have a quite interesting and satisfying job and if I do
not retire within a couple of months, i will do it within a year, and I
have paid for my house, car and boat have a bit money in the bank, so I
do not have to ask if I can afford to have the boat I like or if I can
afford to sail it.

People who say it's dangerous to have more money than brains usually
have less brains than usual. You can NEVER have too much money.
Just like you can never have too much fun.


I guess I have been working for some 40 years in a field asking for
brains, and done decently so I believe I have enough of them. I have
enough money to get what I need, but seems to me, you do not have, as
the money is an issue for you.

But, you do sound kinda cute. Do you have a nice figure? Are you 35 or
under? Do you have all your teeth? Can you read a compass. Post a link
to a picture if you're attractive. I'll take you out on my (paid for)
boat (a Swan 68) and we can have a sunset all to ourselves. I live like
a king. You can be queen for a day.
How's about it honey?


Perhaps you are gay, I am not, so I do not see much point in your offer.
I can read a compas, splice ropes and wire, install electronics and
repair and trim sails and be a very usefull hand on a boat, but as I
said I can afford to sail the boats I like. Swan 68 is a nice boat, but
I am afraid i would not buy it even if had the money, i can admit I do
not have it, one reason being that I choose a career accoring to my
interest not the economic appeal. So I do not have to prostitute myself
now.

- Lauri Tarkkonen



I withdraw my offer. But with a name like Lauri you must get mistaken
for a woman all the time. Do yourself a favor. Change it to Larry or
something male, please.

Wilbur Hubbard
two of the best mechanics i have ever known are called Laurie and if you
had made that offer to them you would be minus a few teeth about now.
personally Laurie as a name is just a name neither male nor female
it's up to you to decide and as Lauri never made any hint he was female
i would hate to think why you are still single.......
And please keep well away from me........
homophobia kicking here...................
Shaun

The average boat owning idiot.
 

On Wed, 21 Mar 2007 21:29:18 +1100, Peter Hendra
wrote:

On Wed, 21 Mar 2007 20:09:56 -0500, "Scotty" w@u wrote:

Besides your ranting because you can't afford a decent boat,
what is your point?

Scotty

Very simple really,

He gets the attention he so sadly needs.

Ever experienced attention starved little kids doing something naughty
right in front of you whilst staring you in the eye? They know they
are going to get punished but hey, any attention is better than none.

I guess that some of these poor souls never grow up

cheers
Peter

I believe that it goes a bit further then just childish attention
getting. More of a Walter Mitty complex I'd venture.

In other words, in real life, the guy is a complete loser. No
education, no job, no face, no nothing! Ah, but on the Internet he
can become the most brilliant and reverberant personality in the
universe, albeit, under a nom de plume.

The only solution for these creatures is the Kill File as responding
to their slobbering only encourages them. "See Ma, they listen to me!"

Bruce in Bangkok
(brucepaigeatgmaildotcom)

--
Posted via a free Usenet account from http://www.teranews.com

The average boat owning idiot.
 

In article . net,
Maxprop wrote:

"Gogarty" wrote in message
. ..
In article , says...


"You can't take it with you."

We bought our first boat on the way home from the funeral of our best man.
More than tweny years ago. The funeral was on the far end of Long Island
(his
ashes were scattered in Three Mile Harbor) and the yard was on the way
back to
Manhattan.

A funeral is always a reality check, especially when the deceased is someone
close and young. I think a lot of boats have been bought after funerals.


Yes. Mine was doubly so.

--
Capt. JG @@
www.sailnow.com

The average boat owning idiot.
 

Jonathan Ganz wrote:
In article . net,
Maxprop wrote:

"Gogarty" wrote in message
.. .

In article , says...

"You can't take it with you."

We bought our first boat on the way home from the funeral of our best man.
More than tweny years ago. The funeral was on the far end of Long Island
(his
ashes were scattered in Three Mile Harbor) and the yard was on the way
back to
Manhattan.

A funeral is always a reality check, especially when the deceased is someone
close and young. I think a lot of boats have been bought after funerals.



Yes. Mine was doubly so.

mine is close and now i have just found out my mate who was addmitted to
hospital yesterday with a stroke or brain embelism is to have the wires
pulled tomorrow and he is only 45 yo.
A crying shame as he now leaves 2 children without a father whom they
adore.....
Just makes me more determined to get mine and sail her

a sad sad sad
Shaun

The average boat owning idiot.
 

Wilbur Hubbard wrote:
The average idiot buys a boat for say 100K and finances it for ten
years. He fits it out and keeps it in a slip. The fitting out costs
20K, the slip costs 5K per year, the insurance costs 1K a year.
Haulout for bottom paint 1K a year. Fuel 1/2K a year.

After ten years the idiot has spent 250K paying back the loan, 20K
fitting out, 50K slip fee, 10K insurance, 10K haulout, 5K fuel, oil,
filters, etc.

345K invested in a 100K boat that perhaps can be sold in ten years for
75K. 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

In the UK, the average idiot keeps his money in a savings account, which
pays less % interest than inflation. He has no boat, and no interest in
sailing or any other hobby.

When he dies, the Government values his "assets" including his house (an
essential pre-requisite in our climate), and deducts 40% inheritance tax.
The rest goes on funeral expenses and re-locating his dependants in a
smaller residence such as a mobile home.

I would opt for spending the $27K a year on a bit of enjoyment whist I'm
alive, at least I can put two fingers up to the Government jus before I
leave the planet for good!

Money is there to enjoy. It's only money when all is said and done. Spend it
before the men in Westminster get their filthy hands on it!

Dennis.

The average boat owning idiot.
 

On Thu, 22 Mar 2007 19:39:51 -0400, Charlie Morgan wrote:

On Thu, 22 Mar 2007 19:32:06 -0500, "Scotty" w@u wrote:


"Wilbur Hubbard" wrote in
message news:RHCMh.109466

. Real sailors anchor or moor out and take a dinghy to
shore.

Shore? Why do you feel the need to go to shore? When I
anchor out, I stay on the boat because that is where I
wanted to be in the first place.
You, sir, sound like a land lubber!

Scotty



Painful for Wilbur to hear, I'm sure, but it desperately needed to be said.

CWM

Yes, that's it!! (spark of recognition)

I just knew that I had met his type before. They are the type of
people who buy their first boat at a marina in Spain, have been there
about 7 years living on-board, have read all of the books and are
impressively knowlegable about ALL things boating. Any queries I had
while getting my boat ready for sea again, they had an answer for. I
remember being in awe of their experience and fund of knowledge until
I discovered that they had never once left the harbour. They had their
valid reasons of course - waiting for parts, the wife's operation, the
pirates off Morocco etc. But they never went anywhere.

In this case, nice people who did not try to increase their diminutive
unhappy stature by pouring scorn on others, but I was glad that I did
not know as much as they. I would never have left New Zealand if I
had.

Ignorance is bliss, 'tis folly to be wise.
Peter - who still has a hellofalot to learn about boating - thankfully

The average boat owning idiot.
 

On Thu, 22 Mar 2007 20:19:03 -0400, "Wilbur Hubbard"
wrote:


"Wayne.B" wrote in message
.. .
On Thu, 22 Mar 2007 17:39:07 -0400, "Wilbur Hubbard"
wrote:

Real sailors anchor or moor out and take a dinghy to
shore.

Real sailors are not named Wilbur.

It has an un-manly sound to it.


Beats the hell outta Lauri.

Wilbur Hubbard

Your ignorance and indefendable rudeness is appalling.

You obviously have never travelled overseas or come into contact with
any cultures other than your own. You are the epitome of the ugly
American who knows nothing of the world apart from his own immediate
surroundings and judges other cultures by his own narrow and
extremely limited view. I thank God that your type generally stay at
home.

To make fun of another person's name (who you have never met) which is
unfamiliar to your ears is childish and rather churlish to say the
least. If nothing else, it reveals your true nature as a pathetic,
insignificant little man who I can readily imagine would never have
the courage to verbalise in person the trite frass which he so bravely
pens to the web.

I would imagine that Lauri is more of a man than even you claim to be.
The North Sea is not a place for wimps.

I can well imagine that you are short in stature as well as in mind as
you display and reveal to the world obvious symptoms of "short man's
disease"

Get a life

Besides, just how manly is your pseudonym - "Wilbur" What has a Wilbur
ever done?

Mahommed Panaeyotis Hendra
Make fun of these

The average boat owning idiot.
 

Maxprop... one buys a boat after a funeral and sells it after the divorce.

Moral of the story..

Don't die, stay single.


===================
"Maxprop" wrote in message
ink.net...

"Gogarty" wrote in message
...
In article , says...


"You can't take it with you."

We bought our first boat on the way home from the funeral of our best
man.
More than tweny years ago. The funeral was on the far end of Long Island
(his
ashes were scattered in Three Mile Harbor) and the yard was on the way
back to
Manhattan.

A funeral is always a reality check, especially when the deceased is
someone close and young. I think a lot of boats have been bought after
funerals.

Max

The average boat owning idiot.
 

Shaun,,, when you get "your" boat .. take those kids sailing. Tell them
what a great dad they had.

Someday they will own their own boat, and they will tell their kids what a
great friend their dad had.


=====================
"shaun" wrote in message
...
Jonathan Ganz wrote:
In article . net,
Maxprop wrote:

"Gogarty" wrote in message
. ..

In article , says...

"You can't take it with you."

We bought our first boat on the way home from the funeral of our best
man.
More than tweny years ago. The funeral was on the far end of Long Island
(his
ashes were scattered in Three Mile Harbor) and the yard was on the way
back to
Manhattan.

A funeral is always a reality check, especially when the deceased is
someone close and young. I think a lot of boats have been bought after
funerals.



Yes. Mine was doubly so.
mine is close and now i have just found out my mate who was addmitted to
hospital yesterday with a stroke or brain embelism is to have the wires
pulled tomorrow and he is only 45 yo.
A crying shame as he now leaves 2 children without a father whom they
adore.....
Just makes me more determined to get mine and sail her

a sad sad sad
Shaun

The average boat owning idiot.
 

* NE Sailboat wrote, On 3/22/2007 9:07 AM:
Maxprop... one buys a boat after a funeral and sells it after the divorce.

Moral of the story..

Don't die, stay single.

And most important for you (and our gene pool), don't procreate.

The average boat owning idiot.
 

"Jonathan Ganz" wrote in message
...
In article . net,
Maxprop wrote:

"Gogarty" wrote in message
.. .
In article ,
says...


"You can't take it with you."

We bought our first boat on the way home from the funeral of our
best man.
More than tweny years ago. The funeral was on the far end of Long
Island
(his
ashes were scattered in Three Mile Harbor) and the yard was on the
way
back to
Manhattan.

A funeral is always a reality check, especially when the deceased is
someone
close and young. I think a lot of boats have been bought after
funerals.


Yes. Mine was doubly so.


Can we go for a triple play, please.

Wilbur Hubbard

The average boat owning idiot.
 

Dennis Pogson wrote:

Wilbur Hubbard wrote:

The average idiot buys a boat for say 100K and finances it for ten
years. He fits it out and keeps it in a slip. The fitting out costs
20K, the slip costs 5K per year, the insurance costs 1K a year.
Haulout for bottom paint 1K a year. Fuel 1/2K a year.

After ten years the idiot has spent 250K paying back the loan, 20K
fitting out, 50K slip fee, 10K insurance, 10K haulout, 5K fuel, oil,
filters, etc.

345K invested in a 100K boat that perhaps can be sold in ten years for
75K. 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


In the UK, the average idiot keeps his money in a savings account, which
pays less % interest than inflation. He has no boat, and no interest in
sailing or any other hobby.

When he dies, the Government values his "assets" including his house (an
essential pre-requisite in our climate), and deducts 40% inheritance tax.
The rest goes on funeral expenses and re-locating his dependants in a
smaller residence such as a mobile home.

I would opt for spending the $27K a year on a bit of enjoyment whist I'm
alive, at least I can put two fingers up to the Government jus before I
leave the planet for good!

Money is there to enjoy. It's only money when all is said and done. Spend it
before the men in Westminster get their filthy hands on it!

Dennis.


hear hear
Shaun

The average boat owning idiot.
 

Gogarty wrote:
My wife, a former banker, runs the money in this house. She has done very well
and had huge gains in her portfolios back at the peak of the dot com rage. I
could see the bust coming. "Sell all," says I, "and buy a Super Marimu," which
in those days was going for about $500,000. But nooooo....

Well, we can't afford to buy a Super Marimu today and we don't have the stocks
either. We would be way ahead had we bought the boat. And having fun, too.

Saw an article in a recent Cruising World
featuring Joel Potter and a Super Marimu. They
are about $850K new now. Nice boat, but...

We paid 1/30th of that amount cash for our Irwin
38, and it is a nice boat also. Sure leaves a lot
in the cruising kitty ;-)

Seriously, there are a lot of really nice big
boats that can be bought for less than $180K, and
a few really nice big boats that can be bought for
less than $90K. Why would anyone spend that
kind of money on a 54' sailboat unless it was just
pocket change? I'll bet over 10 years they would
take at least a $400K hickey--maybe more. What
are 1997s going for?

Don W.

The average boat owning idiot.
 

Scott, On second thought I probably take 5 gal to the boat 4 times a
summer. Therefore I probably spend less than $60.

The average boat owning idiot.
 

Gogarty wrote:
In article ncvMh.12322$zx.2406@trndny05, says...

Maxprop... one buys a boat after a funeral and sells it after the divorce.

No. The wife gets it.

Reminds me of a boat I saw on the river a few months ago, the name was
'My Half'
krj

The average boat owning idiot.
 

Just for you Jeffy.. I will wear a condom.

================================================== ==========================
"Jeff" wrote in message
...
* NE Sailboat wrote, On 3/22/2007 9:07 AM:
Maxprop... one buys a boat after a funeral and sells it after the
divorce.

Moral of the story..

Don't die, stay single.

And most important for you (and our gene pool), don't procreate.

The average boat owning idiot.
 

You are lucky .. I am in NH. I saw my first Robin this morning. The Robin
was wearing a polartech red breast wing.

========================

Tell Al Gore ...

=============================
"Gogarty" wrote in message
...
OK folks. This troll has had enough to keep him happy for some time. End
of
thread. Everybody out of the pool and over to the yard to start working on
the
boat. (Champing at the bit, looking at the snow still piled high on
Manhattan
streets, car still buried.)

The average boat owning idiot.
 

"Gogarty" wrote in message
...
In article . net,
says...

Absolutely. My father was fond of saying: "This isn't a dress
rehearsal."
His point being that one lives life or one does not. You can't take your
money with you, and I sure as hell have no great desire to pass it one to
my
kid and screw her up.

We initially thought of naming our boat "SOCI" with a sedilla on the C.
But we
thought it might be unncessarily provocative. Short for Spending Our
Children's Inheritance.

I've seen similar names, such as "Our Kids' Inheritance" and "Leaving
Nothing Behind for the Kids." The last one is a puzzlement--can you imagine
calling that in when asking for a slip?

Max

The average boat owning idiot.
 

"shaun" wrote in message
...
Jonathan Ganz wrote:
In article . net,
Maxprop wrote:

"Gogarty" wrote in message
. ..

In article , says...

"You can't take it with you."

We bought our first boat on the way home from the funeral of our best
man.
More than tweny years ago. The funeral was on the far end of Long Island
(his
ashes were scattered in Three Mile Harbor) and the yard was on the way
back to
Manhattan.

A funeral is always a reality check, especially when the deceased is
someone close and young. I think a lot of boats have been bought after
funerals.



Yes. Mine was doubly so.
mine is close and now i have just found out my mate who was addmitted to
hospital yesterday with a stroke or brain embelism is to have the wires
pulled tomorrow and he is only 45 yo.
A crying shame as he now leaves 2 children without a father whom they
adore.....
Just makes me more determined to get mine and sail her

a sad sad sad
Shaun

Be sure to stay involved with the kids. They'll need someone around who
knew and befriended their father.

Max

The average boat owning idiot.
 

"Maxprop" wrote in message
ink.net...

"Lauri Tarkkonen" wrote in message
...
In "Wilbur Hubbard"
writes:


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

I do not know what gives you the right to call someone with different
preferences than you an idiot.

Relax, Lauri. You have to know Capt. Neal to understand his tirades.

Max

Tirade? Since when is fact tirade? Since when has a valid point backed
up with figures about how people waste their money on boats become
trolling? Is this not a discussion group about boats? Is not discussing
if and how boats are a terrible waste of money not a valid discussion
point? From the looks of this group it seems to me such a discussion is
totally appropriate.

When people call it trolling, off topic, a tirade, perhaps it's because
they are jealous when they see a thread getting lots of traffic and they
feel badly because they aren't astute enough to initiate such a
discussion. "That's not fair, I'm not gonna play anymore," they whine.

Wilbur Hubbard

The average boat owning idiot.
 

"Maxprop" wrote in message
link.net...

"Gogarty" wrote in message
...
In article . net,
says...

Absolutely. My father was fond of saying: "This isn't a dress
rehearsal."
His point being that one lives life or one does not. You can't take
your
money with you, and I sure as hell have no great desire to pass it
one to my
kid and screw her up.

We initially thought of naming our boat "SOCI" with a sedilla on the
C. But we
thought it might be unncessarily provocative. Short for Spending Our
Children's Inheritance.

I've seen similar names, such as "Our Kids' Inheritance" and "Leaving
Nothing Behind for the Kids." The last one is a puzzlement--can you
imagine calling that in when asking for a slip?

Max


Asking for a slip? And that alone doesn't embarrass you? Begging to pay
big bucks to tie up to two piles and a pier squeezed in among other
losers while having your boat attacked by stray electricity, water
polluted with sewage and fuel and oil, subjected to roaches, noise,
fumes, rats, cats and dogs ****ing on your lines.

The very least of your worries is how stupid the name of your boat is, I
should think. Real sailors anchor or moor out and take a dinghy to
shore. Why on earth would you pay money to support any operation that
treats you like scum and charges an arm and a leg for it. Ya gotta be a
masochist.

Wilbur Hubbard

The average boat owning idiot.
 

"Lauri Tarkkonen" wrote in message
...
In "Wilbur Hubbard"
writes:


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

I do not know what gives you the right to call someone with different
preferences than you an idiot.

Long time ago, I bought a small sailing boat, for some amount of
money,
my brother in law a financial wizard said: I would not but my money in
boats, I get much better return in buing some stock from the market.
I asked him: How can you sail with the stock? He told me, of course
you
do not sail with the stock, but after you sell them I have more money
than you when you sell the boat. I was sailing the boat, enjoying the
sea and the archipelago, even could take him on a ride, that he
enjoyed
a lot. Say, whatever you please, I might be stupid to invest the money
in a boat, it does not only give me some days or weeks at the seas, it
gives me dreams in the winter about future sailing trips and nice
memories for the previous ones. Of course you might say that your
dreams
about getting more money to be invested in some more stock or gold are
better dreams than mine or your fond memories of keeping the money in
your hand or looking at the balance of your check account might be
more
beautifull than mine memories of the perfect sunset in the
archipelago.

You may keep your dreams of the $$$$$$, but for many sailors the
dollars
have any value only if they can be used to buy the memories of a
perfect
sailing trip. So you might feel you are a better human being as you
have
more dollars than me, but I was able to provide the brother in law an
unforgettable experience in my sailing boat, that he could not do for
me, as I did not get more kicks of looking at his bank statement than
I
wold get bu looking of my own.

You may still call us idiots, but we are happy idiots, but I know many
people thinking your way, and they are unhappy, as they are afraid
that
the value of their stock will just evaporate, but I know that my fond
memories will be there for ever. When I die, I have at least had the
experience and my children might come to **** on my grave for spending
my money in a sailing boat and not leaving them piles of $$$$$. By the
way, they are not sailors, but they have told that they give much
value
of the days they have spent on sea with me in my boat, and they do not
need any money from me.

- Lauri Tarkkonen

Your entire post is a screed on the virtues of selfishness when it comes
to financial matters. I think any real man would be happy to leave an
inheritance to his children provided his children were worthy of it,
that is. Real men make enough money so they have plenty for their own
pleasure with plenty to pass on to their offspring. It's the right way
to do things.

But, everybody is missing the point which point is not that you should
not buy a boat but that you should not FINANCE a boat. Save your pennies
and buy a boat outright that you feel you can afford. Put it on a
mooring and save the dock fees. Be responsible and self-insure. You will
fine yourself enjoying your boat even more when you realize you have
been responsible about it.

Earn your money first; spend it second. You will find it is oh so much
easier to spend wisely when you earned your money first because they you
will know the value of a dollar the better.

Wilbur Hubbard

The average boat owning idiot.
 

* Wilbur Hubbard wrote, On 3/22/2007 5:32 PM:
....

Tirade? Since when is fact tirade? Since when has a valid point backed
up with figures about how people waste their money on boats become
trolling?

As usual, it was backed up by made up numbers. Let's look a bit more
carefully:

The average idiot buys a boat for say 100K

hardly, but let's leave that fro the moment

and finances it for ten years.

Financing a boat only makes sense if you have a job that easily covers
it, most prefer to pay cash. However, if you were to finance a $100K
boat, you would probably need 20% down, so you're financing $80K, with
a current rate of 6.37% (Essex Finance Boat Loan). For 10 years,
that's $903 /month, for a total of $108K. So the cost of the boat,
plus outfitting is $40K down, and $108K spread over 10 years.

He fits it out and keeps it in a slip. The fitting out
costs 20K, the slip costs 5K per year, the insurance
costs 1K a year. Haulout for bottom paint 1K a year.
Fuel 1/2K a year.

These numbers are rather high and would represent "top end"
accommodations. However, there are numerous costs not included so I
won't quibble.

After ten years the idiot has spent 250K paying back
the loan, 20K fitting out,

your sloppy math has you off by roughly a factor of 2 here - total
cost was $148K ...

50K slip fee, 10K insurance, 10K haulout, 5K fuel, oil, filters,

we'll give you th $75K of annual fees

345K invested in a 100K boat that perhaps can be sold
in ten years for 75K. Net loss of 270K.

Nope, it was $40K invested, plus $108K in payments, plus $75K in
expenses, for a total of $223. The sale price of $75 seems low,
but that would mean a "loss" of $148K.

You pay 27 thousand dollars a year to use your boat a dozen or
so weekends a year. Stupid, just plain stupid!

Nope, it was only $14.8K a year, you're off by a factor of 2. Of
course, 2800 was finance charge, by keeping the boat on a mooring you
could save at least $3000 a year. Further, the "average" boater
doesn't buy an expensive new boat. Very few people have a boat worth
more than $50K. So it would be easy to keep the total cost at under
$10K per year. Clearly a lot of money, but everyone knows that boat
ownership is a form of mental illness.

Is this not a discussion group about boats?

I agree its a reasonable topic of discussion, but basing it on bogus
numbers is counterproductive.

The average boat owning idiot.
 

* Wilbur Hubbard wrote, On 3/22/2007 5:45 PM:

Your entire post is a screed on the virtues of selfishness when it comes
to financial matters. I think any real man would be happy to leave an
inheritance to his children provided his children were worthy of it,
that is. Real men make enough money so they have plenty for their own
pleasure with plenty to pass on to their offspring. It's the right way
to do things.

I suppose it would be nice to "pass something on" but other than a
start on an education and perhaps a little help setting up a
household, I'm not sure I see the imperative. Values are much more
important to pass on, they will serve you offspring better in the long
run.


But, everybody is missing the point which point is not that you should
not buy a boat but that you should not FINANCE a boat.

I don't think that was lost everyone.

Save your pennies
and buy a boat outright that you feel you can afford. Put it on a
mooring and save the dock fees.

That depends - will being on a mooring reduce your opportunity to use
it?

Be responsible and self-insure.

That's not being responsible if you don't have liability insurance.

You will
fine yourself enjoying your boat even more when you realize you have
been responsible about it.

Earn your money first; spend it second. You will find it is oh so much
easier to spend wisely when you earned your money first because they you
will know the value of a dollar the better.

The average boat owning idiot.
 

On Thu, 22 Mar 2007 17:39:07 -0400, "Wilbur Hubbard"
wrote:

Real sailors anchor or moor out and take a dinghy to
shore.

Real sailors are not named Wilbur.

It has an un-manly sound to it.

The average boat owning idiot.
 

"Charlie Morgan" wrote in message
...
On Thu, 22 Mar 2007 19:32:06 -0500, "Scotty" w@u wrote:


"Wilbur Hubbard" wrote in
message news:RHCMh.109466

. Real sailors anchor or moor out and take a dinghy to
shore.

Shore? Why do you feel the need to go to shore? When I
anchor out, I stay on the boat because that is where I
wanted to be in the first place.
You, sir, sound like a land lubber!

Scotty



Painful for Wilbur to hear, I'm sure, but it desperately needed to be
said.

CWM

Nope, it is you two who just firmly established that you are the
lubbers. You can stay aboard when you anchor out because you anchor out
from time to time on the week-ends as a getaway from your shoreside
life. Real sailors, on the other hand, live aboard and travel from place
to place and anchor out every night of the year. Going to shore is
necessary to stock up on necessaries such as food, water and alcohol and
ice.

Both of you idiots don't have a clue. At the very least, until they
establish floating liquor stores, all good sailors must go to shore
regularly. One needs ice, mixers and lots of rum. Why, I've had a couple
or three other real sailors come by to visit and compare notes and we
sat in the cockpit shooting the ****. It's nothing to go through a
couple quarts of rum and a ten pound bag of ice in one afternoon. We can
curse loudly, shoot guns, **** over the side and generally raise hell
all of which would get you evicted from a marina.

For me, sailing is a lifestyle all of its own and not some infrequent
escape from the workaday world like it is for you and poor domesticated
Scotty.

Wilbur Hubbard

The average boat owning idiot.
 

"Wayne.B" wrote in message
...
On Thu, 22 Mar 2007 17:39:07 -0400, "Wilbur Hubbard"
wrote:

Real sailors anchor or moor out and take a dinghy to
shore.

Real sailors are not named Wilbur.

It has an un-manly sound to it.


Beats the hell outta Lauri.

Wilbur Hubbard

The average boat owning idiot.
 

"Jeff" wrote in message
. ..
* Wilbur Hubbard wrote, On 3/22/2007 5:32 PM:
...

Tirade? Since when is fact tirade? Since when has a valid point
backed up with figures about how people waste their money on boats
become trolling?

As usual, it was backed up by made up numbers. Let's look a bit more
carefully:

The average idiot buys a boat for say 100K

hardly, but let's leave that fro the moment

and finances it for ten years.

Financing a boat only makes sense if you have a job that easily covers
it, most prefer to pay cash. However, if you were to finance a $100K
boat, you would probably need 20% down, so you're financing $80K, with
a current rate of 6.37% (Essex Finance Boat Loan). For 10 years,
that's $903 /month, for a total of $108K. So the cost of the boat,
plus outfitting is $40K down, and $108K spread over 10 years.

He fits it out and keeps it in a slip. The fitting out
costs 20K, the slip costs 5K per year, the insurance
costs 1K a year. Haulout for bottom paint 1K a year.
Fuel 1/2K a year.

These numbers are rather high and would represent "top end"
accommodations. However, there are numerous costs not included so I
won't quibble.

After ten years the idiot has spent 250K paying back
the loan, 20K fitting out,

your sloppy math has you off by roughly a factor of 2 here - total
cost was $148K ...

50K slip fee, 10K insurance, 10K haulout, 5K fuel, oil, filters,

we'll give you th $75K of annual fees

345K invested in a 100K boat that perhaps can be sold
in ten years for 75K. Net loss of 270K.

Nope, it was $40K invested, plus $108K in payments, plus $75K in
expenses, for a total of $223. The sale price of $75 seems low,
but that would mean a "loss" of $148K.

You pay 27 thousand dollars a year to use your boat a dozen or
so weekends a year. Stupid, just plain stupid!

Nope, it was only $14.8K a year, you're off by a factor of 2. Of
course, 2800 was finance charge, by keeping the boat on a mooring you
could save at least $3000 a year. Further, the "average" boater
doesn't buy an expensive new boat. Very few people have a boat worth
more than $50K. So it would be easy to keep the total cost at under
$10K per year. Clearly a lot of money, but everyone knows that boat
ownership is a form of mental illness.

Is this not a discussion group about boats?

I agree its a reasonable topic of discussion, but basing it on bogus
numbers is counterproductive.


So, let's split the difference then. You purposely went low and I
purposely went high. Let's compromise and call it 2OK a year. That's
still ridiculous. And it depends a lot on where you slip your boat. Some
places in some of the more expensive parts of the country rent slips for
a forty foot boat, for example, for well over a grand a month. Your
finance interest rates are too low. etc. So you should be willing to
compromise and split the difference too if you're reasonable.

Wilbur Hubbard

The average boat owning idiot.
 

Oh, that's right, $60 will barely get you 20 gallons
nowadays.

SBV


"Ringmaster" wrote in message
oups.com..
..
Scott, On second thought I probably take 5 gal to the boat
4 times a
summer. Therefore I probably spend less than $60.

The average boat owning idiot.
 

"Gogarty" wrote in message
...
In article ncvMh.12322$zx.2406@trndny05,
says...


Maxprop... one buys a boat after a funeral and sells it
after the divorce.

No. The wife gets it.


The wife gets the prop , you get the shaft.

The average boat owning idiot.
 

"Wilbur Hubbard" wrote in
message news:RHCMh.109466

. Real sailors anchor or moor out and take a dinghy to
shore.

Shore? Why do you feel the need to go to shore? When I
anchor out, I stay on the boat because that is where I
wanted to be in the first place.
You, sir, sound like a land lubber!

Scotty

The average boat owning idiot.
 

"Scotty" w@u wrote in message
...

"Wilbur Hubbard" wrote in

Both of you idiots don't have a clue.
Why, I've had a couple
or three other male sailors come by to visit and compare
cockpits
and shoot smack. It's nothing to go through a
couple quarts of rum and a ten pound bag of weed in one
afternoon. We can
moan loudly, shoot our ''guns'' , **** all over each other
and generally
raise hell, all of which would get you evicted from a
straight marina.

For me, it's an alternate lifestyle all of its own

Wilbur Hubbard


Oh brother, now I'm getting a clue.

SV



Hahahahahahahah! Good one!

WH

The average boat owning idiot.
 

"Scotty" w@u wrote in message
. ..

"Wilbur Hubbard" wrote in
message ...

Nope, it is you two who just firmly established that you
are the
lubbers. You can stay aboard when you anchor out because
you anchor out
from time to time on the week-ends as a getaway from your
shoreside
life.

Oh, so you're saying you don't have a shoreside life? Too
sad.


Only lubbers claim a shoreside life. Real sailors live aboard and sail
for a life. But, you'd never understand so why am I wasting my time
trying to explain anything to a domesticated slave? Now run along, I
think I hear your wife calling you. I bet you sure hate that honeydo
list.

Wilbur Hubbard

The average boat owning idiot.
 

For me, sailing is a lifestyle all of its own and not some infrequent
escape from the workaday world like it is for you and poor domesticated
Scotty.


Sorry to hear you are out of work again.

The average boat owning idiot.
 

"Wilbur Hubbard" wrote in
message ...

Nope, it is you two who just firmly established that you
are the
lubbers. You can stay aboard when you anchor out because
you anchor out
from time to time on the week-ends as a getaway from your
shoreside
life.

Oh, so you're saying you don't have a shoreside life? Too
sad.

The average boat owning idiot.
 

"Wilbur Hubbard" wrote in

Both of you idiots don't have a clue.
Why, I've had a couple
or three other male sailors come by to visit and compare
cockpits
and shoot smack. It's nothing to go through a
couple quarts of rum and a ten pound bag of weed in one
afternoon. We can
moan loudly, shoot our ''guns'' , **** all over each other
and generally
raise hell, all of which would get you evicted from a
straight marina.

For me, it's an alternate lifestyle all of its own

Wilbur Hubbard


Oh brother, now I'm getting a clue.

SV

The average boat owning idiot.
 

* Wilbur Hubbard wrote, On 3/22/2007 8:24 PM:
....
I agree its a reasonable topic of discussion, but basing it on bogus
numbers is counterproductive.


So, let's split the difference then. You purposely went low and ...

No, I tried to be dead on.

I purposely went high.

So you admit you knowingly lied. But what else is new?

Let's compromise and call it 2OK a year. That's
still ridiculous. And it depends a lot on where you slip your boat.
Some places in some of the more expensive parts of the country
rent slips for a forty foot boat, for example, for well
over a grand a month.

Its true that you can find super expensive slips, just like you can
find super expensive houses. But the average is lower than your
quote. Not to mention, 40 feet is more than average.

Your
finance interest rates are too low. etc.

No, I got today's rate from the Essex Finance site, and ran it through
their calculator. That's the difference, I deal with reality, and you
live in a fantasy world.

So you should be willing to
compromise and split the difference too if you're reasonable.

OK, your premise leads to 14K/per year but 10K is easily possible.
Splitting the difference is 12K.

Elsewhere, you claim that investing the money would yield $540K, but
if I plug the real numbers ($14K plus your expenses), you'd actually
be ahead $225K. This is assuming 9% returns, but not factoring in
taxes owed on the income, and the tax deduction of the boat loan,
which could bring the difference down to about $180K. Clearly, its
still a high price to pay, but then, you can't take it with you.

The average boat owning idiot.
 

"Wilbur Hubbard" wrote in
message ...



Only lubbers claim a shoreside life. Real sailors live
aboard and sail
for a life. But, you'd never understand so why am I
wasting my time
trying to explain anything to a domesticated slave? Now
run along, I
think I hear your wife calling you. I bet you sure hate
that honeydo
list.


Damn! She did just call me. Time for bed.

Oh, about the Honey-do list..... the rewards far outweigh
the effort.

;)