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The average boat owning idiot.
"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 Think of it in terms of hours spent earning the money. Higher paying jobs actually pay less per hour than lower paying ones because of the overtime demands. Most people have no lives except work and 2-3 weeks of vacation. Their bodies and minds are worn out by the age of 40 from repititive overwork. Possessions then become trophies for all the hours they have worked. The unused big fancy yacht, the expensive Weatherby that never hit its mark, the poorly driven sports car, unused sports gear are all symptoms of a disease. People now work more hours than in an agrarian society and have little more to show for it. Simplicity, simplicity, simplicity. A simple life, free of clutter and encumbrances does the soul, mind and body good. Learn to appreciate what is free in life and enjoy walking your own path. No one ever regrets not working more on their death bed. Lloyd |
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