"Wilbur Hubbard" wrote in message
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wrote in message
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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. . .

Perhaps not. What will you do with your million? Will you buy a boat but
be unable to enjoy it due to the infirmity of advancing age? Will you pass
it on to your kids, knowing full well that they'll just blow it on $250K
boats? Or will you just sit around and total up your assets, while
wondering why you had such a dull and uninspired life watching TV while
others were out sailing?

Max