|
The average boat owning idiot.
On Wed, 21 Mar 2007 16:26:07 -0400, "Wilbur Hubbard"
wrote: 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 Hi Wilbur, Perhaps to an accountant or to someone who values millionaire status, but some people actujally make a concious choice having done exactly those sums you have portrayed. Some of us even went further along the path of your described insanity. We built our boats from scratch even though we knew at the outset that we could have had possibly a cheaper boat if we had continued to work at high paying jobs and thus paid for said boat. It all depends on what the individual wishes to do with his life - become a millionaire or to gain immense satisfaction by fulfilling a boyhood dream and building and sailing his (or her as in the case of such as julia Hazel) own boat around the world or their backyard. There are other dreams in addition to the rather pointless one you seem to point to. Why spend all your life working for the goal of retiring a wealthy man. I had a close friend with that aim. He died suddenly at 45. His wife took up with a younger man who kn ew how to spend money. cheers Peter Hendra |
The average boat owning idiot.
On Wed, 21 Mar 2007 19:15:08 -0500, "Noname"
wrote: " Got to go. Time to smoke a fine cigar and make love with one of my many female companions who love the life wealth can give them... Wilbur Hubbard Better be careful Neal, that cigar could melt a hole in those blow up dolls - Or, maybe thats what you want to do? Rubli W Drabbuh PS: Isn't it pityful that this guy still seeks attention on the net . No friends and the laughing stock of the Keys. Yes, I always thought it was kind of sad really. We put sick, incurable and miserable an imals out of their misery. |
The average boat owning idiot.
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 |
The average boat owning idiot.
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 |
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 It's probably all relative... That so called "average idiot" is probably hauling in well over 6 figures a year. Is it any worse that a washed up retiree pulling in 20K per year on a Post Office pension and spending $5K per year on an ugly yellow boat with purple interior? Both are probably spending the same percentage of their discretionary income on boating. |
The average boat owning idiot.
In article ,
Don White wrote: "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 It's probably all relative... That so called "average idiot" is probably hauling in well over 6 figures a year. Is it any worse that a washed up retiree pulling in 20K per year on a Post Office pension and spending $5K per year on an ugly yellow boat with purple interior? Both are probably spending the same percentage of their discretionary income on boating. I guess I'm not the average idiot, darn it. I paid cash for my Sabre; thus, no financing. The upkeep, upgrades, fees, etc. are deductible business expenses, and I get to go sailing. -- Capt. JG @@ www.sailnow.com |
The average boat owning idiot.
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 It's probably all relative... That so called "average idiot" is probably hauling in well over 6 figures a year. Is it any worse that a washed up retiree pulling in 20K per year on a Post Office pension and spending $5K per year on an ugly yellow boat with purple interior? Both are probably spending the same percentage of their discretionary income on boating. |
The average boat owning idiot.
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 |
The average boat owning idiot.
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. |
The average boat owning idiot.
"Don White" wrote
an ugly yellow boat with purple interior? It's mauve on gold, I'll have you know... |
The average boat owning idiot.
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! |
The average boat owning idiot.
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 |
The average boat owning idiot.
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 |
The average boat owning idiot.
Where are you getting these figures? $100 thousand dollars for a boat that
needs $20 thousand in fitting out expenses? I don't know where you sail but where I sail your figures are nuts! Most of the folks near me own their boats. They have owned their boats for years, in some cases generations. They hang on a mooring which they also "own". Pay $65 per year in mooring fee to the town. They all brag that the first fill up of the season is the last fill up of the season as they have little diesels . Everybody hauls out, this is New England. Runs around $1,000 for haul, store, launch. But, they all work on their boats, have a great time doing that, meet all kinds of interesting folks, the family gets to do something worthwhile together, etc. After 10 years, 20 years or 30 years .............. they get to sit around on a beautiful evening ,, light breeze, the smell of the ocean, rigging singing in the wind, and they talk about friends, family, old times, places they have sailed to, the time they almost sunk, the anchorage with the seal, or the great little cafe with the pancakes, and then they talk about the sailors who are gone ... the mom's and dad's and brothers and sisters, uncles, the smartest person who ever lived; my aunt. How much is that worth? $100,000? $200,000? A million? I pitty anyone who spends his time counting his money rather than counting his blessings. A few years back I was bicycle touring way up in norther Vermont. I stopped in a little coffee place, sat at the table, had one of the best pieces of pie on earth. An old farmer came in, sat down next to me. We got to talking about this and that. I said to him maybe I shouldn't have spent so much on my bicycle. He looked at me and said "money is like blood, doesn't do anyone any good unless it is circulating". Pretty sound thinking. I am not rich, and yes, I probably do spend more on my boat than I should. So what. It beats sitting around looking at the Wall St Journal. And, I don't think I ever met a man yet that said to me "remember the september ... issue of the Wall St Journal ... that was a great time wasn't it ... sure wish old .... was here so we could read it again". Got to go .. time to turn on Ebay. I'm looking to buy a few things for the 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 |
The average boat owning idiot.
"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? You can always charter a boat for a week-end if you highly value a sunset somewhere aboard. The best of both worlds can be had with a little sane thinking. I can tell from your posts that you are quite impoverished. 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. 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? Wilbur Hubbard |
The average boat owning idiot.
Wilbur Hubbard inscribed in red ink for all to know:
"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? You can always charter a boat for a week-end if you highly value a sunset somewhere aboard. The best of both worlds can be had with a little sane thinking. I can tell from your posts that you are quite impoverished. 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. 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? Wilbur Hubbard An American businessman was at a pier in a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellow-fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them. "Only a little while, senor," replied the Mexican. The American then asked, "why didn't you stay out longer and catch more fish?" The Mexican explained that he had enough to support his family's immediate needs. The American then asked the Mexican how he spent the rest of his time. The Mexican fisherman said, "I sleep late, fish a little, play with my children, take siesta with my wife, stroll into the village each evening where I sip wine and play guitar with my amigos. I have a full life..." The American interrupted, "I am a Harvard MBA and could help you. You should spend more time fishing and, with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats. Eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing and distribution." "You could then leave this small coastal fishing village and move to Mexico City, then LA and eventually NYC where you will run your expanding enterprise." Then the Mexican fisherman interrupted, "but senor, how long will this all take?" The American replied, "15-20 years." "But what then, senor?" asked the Mexican. The American laughed, and said, "that's the best part! When the time is right, you would announce an IPO and sell your company stock to the public. You'll become very rich, you would make millions!" "Millions, senor?" replied the Mexican. "Then what?" "Then you could retire, move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siesta with your wife, stroll into the village in the evenings where you would sip wine and play guitar with your amigos." bob s/v Eolian Seattle |
The average boat owning idiot.
"NE Sailboat" wrote in message news:a4hMh.13718$dG.4000@trndny08... Where are you getting these figures? $100 thousand dollars for a boat that needs $20 thousand in fitting out expenses? I don't know where you sail but where I sail your figures are nuts! I'm talking about a new boat. Not a used boat. New boats come pretty bare. By the time you get all the things you need you can easily spend twenty grand. You need anchors, chain, rode, extra sails, epirb, radios, GPSs, depth/wind instuments, radar, refrigerator, extra batteries, solar panels, wind generators, petroleum generator, air conditioner, autopilot, bimini, dodger, and on and on and on. Price some of that stuff and you'll probably agree 20K is rather conservative. Most of the folks near me own their boats. They have owned their boats for years, in some cases generations. But, many financed them and paid more than twice what their boats are worth because of interest on long-term loans. They hang on a mooring which they also "own". Pay $65 per year in mooring fee to the town. More boats pay for slips. Moorings are much smarter. They all brag that the first fill up of the season is the last fill up of the season as they have little diesels . Good to hear but that isn't the typical sailboater of today who motors most of the time and unrolls a head sail on perfect days to try to fool himself and others that he's a sailor. Everybody hauls out, this is New England. Runs around $1,000 for haul, store, launch. But, they all work on their boats, have a great time doing that, meet all kinds of interesting folks, the family gets to do something worthwhile together, etc. Money, money, money. You don't store for free. Dry storage is almost expensive as a slip many places. After 10 years, 20 years or 30 years .............. they get to sit around on a beautiful evening ,, light breeze, the smell of the ocean, rigging singing in the wind, and they talk about friends, family, old times, places they have sailed to, the time they almost sunk, the anchorage with the seal, or the great little cafe with the pancakes, and then they talk about the sailors who are gone ... the mom's and dad's and brothers and sisters, uncles, the smartest person who ever lived; my aunt. Yah yah yah. All that maudlin family smooze! I want none of it. When you get old and are pre-occupied with the "good old days" and discuss all your aches and pains ad nausea then you might as well get a room at the old folks home where you can hear it 24/7. How much is that worth? $100,000? $200,000? A million? You can have your cake and eat it too. That's the point. Don't waste your money on financing, marinas, insurance, and all that crap where you let others reach right into your pocket and rob you poor. I pitty anyone who spends his time counting his money rather than counting his blessings. I can count my blessings better than you because I can afford a more expensive caluclator. A few years back I was bicycle touring way up in norther Vermont. I stopped in a little coffee place, sat at the table, had one of the best pieces of pie on earth. An old farmer came in, sat down next to me. We got to talking about this and that. I said to him maybe I shouldn't have spent so much on my bicycle. He looked at me and said "money is like blood, doesn't do anyone any good unless it is circulating". Circulating is different than bleeding it out on the ground which is exactly what you do to it when you finance a boat long term and when you pay to keep it in a marina, etc. Pretty sound thinking. Sound like it makes sense but it's incomplete. I am not rich, and yes, I probably do spend more on my boat than I should. So what. Knock yourself out but don't go around telling everybody how great an investment your boat is because it's a crappy investment. Justify it simply the way you did above. Come right and say it's a lousy investment in monetary terms but the social benefits help ease the pain. It beats sitting around looking at the Wall St Journal. Not if what you see in the Journal tells you you just made ten grand in the last week. . . And, I don't think I ever met a man yet that said to me "remember the september ... issue of the Wall St Journal ... that was a great time wasn't it ... sure wish old .... was here so we could read it again". Why would anybody do that? It's better to enjoy the wealth and dwell on how it's growth progressed. Got to go. Time to smoke a fine cigar and make love with one of my many female companions who love the life wealth can give them... Wilbur Hubbard |
The average boat owning idiot.
Wilbur ..
"You need anchors, chain, rode, extra sails, epirb, radios, GPSs, depth/wind instuments, radar, refrigerator, extra batteries, solar panels, wind generators, petroleum generator, air conditioner, autopilot, bimini, dodger, and on and on and on. Price some of that stuff and you'll probably agree 20K is rather conservative." I need most of that and my boat is 32 years old! Holy ****! Ebay .. gotta get on that Ebay! =========== "Wilbur Hubbard" wrote in message ... "NE Sailboat" wrote in message news:a4hMh.13718$dG.4000@trndny08... Where are you getting these figures? $100 thousand dollars for a boat that needs $20 thousand in fitting out expenses? I don't know where you sail but where I sail your figures are nuts! I'm talking about a new boat. Not a used boat. New boats come pretty bare. By the time you get all the things you need you can easily spend twenty grand. You need anchors, chain, rode, extra sails, epirb, radios, GPSs, depth/wind instuments, radar, refrigerator, extra batteries, solar panels, wind generators, petroleum generator, air conditioner, autopilot, bimini, dodger, and on and on and on. Price some of that stuff and you'll probably agree 20K is rather conservative. Most of the folks near me own their boats. They have owned their boats for years, in some cases generations. But, many financed them and paid more than twice what their boats are worth because of interest on long-term loans. They hang on a mooring which they also "own". Pay $65 per year in mooring fee to the town. More boats pay for slips. Moorings are much smarter. They all brag that the first fill up of the season is the last fill up of the season as they have little diesels . Good to hear but that isn't the typical sailboater of today who motors most of the time and unrolls a head sail on perfect days to try to fool himself and others that he's a sailor. Everybody hauls out, this is New England. Runs around $1,000 for haul, store, launch. But, they all work on their boats, have a great time doing that, meet all kinds of interesting folks, the family gets to do something worthwhile together, etc. Money, money, money. You don't store for free. Dry storage is almost expensive as a slip many places. After 10 years, 20 years or 30 years .............. they get to sit around on a beautiful evening ,, light breeze, the smell of the ocean, rigging singing in the wind, and they talk about friends, family, old times, places they have sailed to, the time they almost sunk, the anchorage with the seal, or the great little cafe with the pancakes, and then they talk about the sailors who are gone ... the mom's and dad's and brothers and sisters, uncles, the smartest person who ever lived; my aunt. Yah yah yah. All that maudlin family smooze! I want none of it. When you get old and are pre-occupied with the "good old days" and discuss all your aches and pains ad nausea then you might as well get a room at the old folks home where you can hear it 24/7. How much is that worth? $100,000? $200,000? A million? You can have your cake and eat it too. That's the point. Don't waste your money on financing, marinas, insurance, and all that crap where you let others reach right into your pocket and rob you poor. I pitty anyone who spends his time counting his money rather than counting his blessings. I can count my blessings better than you because I can afford a more expensive caluclator. A few years back I was bicycle touring way up in norther Vermont. I stopped in a little coffee place, sat at the table, had one of the best pieces of pie on earth. An old farmer came in, sat down next to me. We got to talking about this and that. I said to him maybe I shouldn't have spent so much on my bicycle. He looked at me and said "money is like blood, doesn't do anyone any good unless it is circulating". Circulating is different than bleeding it out on the ground which is exactly what you do to it when you finance a boat long term and when you pay to keep it in a marina, etc. Pretty sound thinking. Sound like it makes sense but it's incomplete. I am not rich, and yes, I probably do spend more on my boat than I should. So what. Knock yourself out but don't go around telling everybody how great an investment your boat is because it's a crappy investment. Justify it simply the way you did above. Come right and say it's a lousy investment in monetary terms but the social benefits help ease the pain. It beats sitting around looking at the Wall St Journal. Not if what you see in the Journal tells you you just made ten grand in the last week. . . And, I don't think I ever met a man yet that said to me "remember the september ... issue of the Wall St Journal ... that was a great time wasn't it ... sure wish old .... was here so we could read it again". Why would anybody do that? It's better to enjoy the wealth and dwell on how it's growth progressed. Got to go. Time to smoke a fine cigar and make love with one of my many female companions who love the life wealth can give them... Wilbur Hubbard |
The average boat owning idiot.
"Got to go. Time to smoke a fine cigar and make love with one of my many
female companions who love the life wealth can give them..." Hey,, are you still leaving the tip under the pillow or is it included in the credit card? ================================================== ========= Wilbur Hubbard "Wilbur Hubbard" wrote in message ... "NE Sailboat" wrote in message news:a4hMh.13718$dG.4000@trndny08... Where are you getting these figures? $100 thousand dollars for a boat that needs $20 thousand in fitting out expenses? I don't know where you sail but where I sail your figures are nuts! I'm talking about a new boat. Not a used boat. New boats come pretty bare. By the time you get all the things you need you can easily spend twenty grand. You need anchors, chain, rode, extra sails, epirb, radios, GPSs, depth/wind instuments, radar, refrigerator, extra batteries, solar panels, wind generators, petroleum generator, air conditioner, autopilot, bimini, dodger, and on and on and on. Price some of that stuff and you'll probably agree 20K is rather conservative. Most of the folks near me own their boats. They have owned their boats for years, in some cases generations. But, many financed them and paid more than twice what their boats are worth because of interest on long-term loans. They hang on a mooring which they also "own". Pay $65 per year in mooring fee to the town. More boats pay for slips. Moorings are much smarter. They all brag that the first fill up of the season is the last fill up of the season as they have little diesels . Good to hear but that isn't the typical sailboater of today who motors most of the time and unrolls a head sail on perfect days to try to fool himself and others that he's a sailor. Everybody hauls out, this is New England. Runs around $1,000 for haul, store, launch. But, they all work on their boats, have a great time doing that, meet all kinds of interesting folks, the family gets to do something worthwhile together, etc. Money, money, money. You don't store for free. Dry storage is almost expensive as a slip many places. After 10 years, 20 years or 30 years .............. they get to sit around on a beautiful evening ,, light breeze, the smell of the ocean, rigging singing in the wind, and they talk about friends, family, old times, places they have sailed to, the time they almost sunk, the anchorage with the seal, or the great little cafe with the pancakes, and then they talk about the sailors who are gone ... the mom's and dad's and brothers and sisters, uncles, the smartest person who ever lived; my aunt. Yah yah yah. All that maudlin family smooze! I want none of it. When you get old and are pre-occupied with the "good old days" and discuss all your aches and pains ad nausea then you might as well get a room at the old folks home where you can hear it 24/7. How much is that worth? $100,000? $200,000? A million? You can have your cake and eat it too. That's the point. Don't waste your money on financing, marinas, insurance, and all that crap where you let others reach right into your pocket and rob you poor. I pitty anyone who spends his time counting his money rather than counting his blessings. I can count my blessings better than you because I can afford a more expensive caluclator. A few years back I was bicycle touring way up in norther Vermont. I stopped in a little coffee place, sat at the table, had one of the best pieces of pie on earth. An old farmer came in, sat down next to me. We got to talking about this and that. I said to him maybe I shouldn't have spent so much on my bicycle. He looked at me and said "money is like blood, doesn't do anyone any good unless it is circulating". Circulating is different than bleeding it out on the ground which is exactly what you do to it when you finance a boat long term and when you pay to keep it in a marina, etc. Pretty sound thinking. Sound like it makes sense but it's incomplete. I am not rich, and yes, I probably do spend more on my boat than I should. So what. Knock yourself out but don't go around telling everybody how great an investment your boat is because it's a crappy investment. Justify it simply the way you did above. Come right and say it's a lousy investment in monetary terms but the social benefits help ease the pain. It beats sitting around looking at the Wall St Journal. Not if what you see in the Journal tells you you just made ten grand in the last week. . . And, I don't think I ever met a man yet that said to me "remember the september ... issue of the Wall St Journal ... that was a great time wasn't it ... sure wish old .... was here so we could read it again". Why would anybody do that? It's better to enjoy the wealth and dwell on how it's growth progressed. Got to go. Time to smoke a fine cigar and make love with one of my many female companions who love the life wealth can give them... Wilbur Hubbard |
The average boat owning idiot.
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 Wilbur Hubbard |
The average boat owning idiot.
"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 |
The average boat owning idiot.
Lauri Tarkkonen wrote:
Lauri, Get a clue..you're responding to a trolling sock...this is who you're responding to: http://captneal.homestead.com/index.html |
The average boat owning idiot.
Got to go. Time to smoke a fine cigar and make love with one of my many female companions who love the life wealth can give them... Wilbur Hubbard Careful, Captain Kneel -- penicillin can't cure everything these days. |
The average boat owning idiot.
In "Wilbur Hubbard" writes:
"NE Sailboat" wrote in message news:a4hMh.13718$dG.4000@trndny08... Where are you getting these figures? $100 thousand dollars for a boat that needs $20 thousand in fitting out expenses? I don't know where you sail but where I sail your figures are nuts! I'm talking about a new boat. Not a used boat. New boats come pretty bare. By the time you get all the things you need you can easily spend twenty grand. You need anchors, chain, rode, extra sails, epirb, radios, GPSs, depth/wind instuments, radar, refrigerator, extra batteries, solar panels, wind generators, petroleum generator, air conditioner, autopilot, bimini, dodger, and on and on and on. Price some of that stuff and you'll probably agree 20K is rather conservative. If you can not afford it, or if the cost go over your pain treshold, then to me, it is stupid to buy it in the first hand. If you bought it only to brag about it to your friends (do you have any?) or your relatives or your business competition, then why are you complaining? Most of the folks near me own their boats. They have owned their boats for years, in some cases generations. But, many financed them and paid more than twice what their boats are worth because of interest on long-term loans. But if this was the only way in their case to get the boat they wanted when they wanted and where they wanted, so it is the cost you pay. If another boat for some other people made a better deal, so do it. They hang on a mooring which they also "own". Pay $65 per year in mooring fee to the town. More boats pay for slips. Moorings are much smarter. In Sweden they say: If it tastes, it wil cost you. So if you do not want to pay for the slip, then go to the mooring, if you do not accept moorings, they pay for the slip and stop whining. They all brag that the first fill up of the season is the last fill up of the season as they have little diesels . Good to hear but that isn't the typical sailboater of today who motors most of the time and unrolls a head sail on perfect days to try to fool himself and others that he's a sailor. Again we have people with more money than brains. If they do not like to sail or if they do not want to sail or if they do not know how to sail, why are they buying a sailing boat. If you buy the mast just for show, then you pay for it, and shut up. Everybody hauls out, this is New England. Runs around $1,000 for haul, store, launch. But, they all work on their boats, have a great time doing that, meet all kinds of interesting folks, the family gets to do something worthwhile together, etc. Money, money, money. You don't store for free. Dry storage is almost expensive as a slip many places. Seems to me, you have an obsession to money. Poor you. Seems to me that many sailors are rich enough to pay for their boats and slips and moorings and repairs, without whining about it. Perhaps you could get a cheaper hobby? After 10 years, 20 years or 30 years .............. they get to sit around on a beautiful evening ,, light breeze, the smell of the ocean, rigging singing in the wind, and they talk about friends, family, old times, places they have sailed to, the time they almost sunk, the anchorage with the seal, or the great little cafe with the pancakes, and then they talk about the sailors who are gone ... the mom's and dad's and brothers and sisters, uncles, the smartest person who ever lived; my aunt. Yah yah yah. All that maudlin family smooze! I want none of it. When you get old and are pre-occupied with the "good old days" and discuss all your aches and pains ad nausea then you might as well get a room at the old folks home where you can hear it 24/7. If you are not interested, why come here and whine to us about it? How much is that worth? $100,000? $200,000? A million? You can have your cake and eat it too. That's the point. Don't waste your money on financing, marinas, insurance, and all that crap where you let others reach right into your pocket and rob you poor. Are you seriously believing that there is a free lunch? Do you really believe that if the industry aroung charter boating is making a profit, I could sail cheaper with the boat I want, where I want and when I want cheaper than if I cut them away? Looks like your business education has fallen short or there is something wrong in your brains. I pitty anyone who spends his time counting his money rather than counting his blessings. I can count my blessings better than you because I can afford a more expensive caluclator. It is not the price of the calculator, it is if you know how to use it. A few years back I was bicycle touring way up in norther Vermont. I stopped in a little coffee place, sat at the table, had one of the best pieces of pie on earth. An old farmer came in, sat down next to me. We got to talking about this and that. I said to him maybe I shouldn't have spent so much on my bicycle. He looked at me and said "money is like blood, doesn't do anyone any good unless it is circulating". Circulating is different than bleeding it out on the ground which is exactly what you do to it when you finance a boat long term and when you pay to keep it in a marina, etc. Moat of us keep a boat in a marina or a yacht club. In the no profit yacht clubs many of us work for the common benefit and get to know some nice people in the process. Even the charter boats are kept in some marinas, who pays for them? Pretty sound thinking. Sound like it makes sense but it's incomplete. Not as badly as yours. I am not rich, and yes, I probably do spend more on my boat than I should. So what. Knock yourself out but don't go around telling everybody how great an investment your boat is because it's a crappy investment. Justify it simply the way you did above. Come right and say it's a lousy investment in monetary terms but the social benefits help ease the pain. I dare to say, that I would need much more money to do my sailing chartering the boat, either I had to cut down on the time, the location would not be the one I prefer and the boats would not be such I would enjoy sailing them as much. It beats sitting around looking at the Wall St Journal. Not if what you see in the Journal tells you you just made ten grand in the last week. . . Do you happen to know that most of uss get only 24 hours per day to spend, you cannot buy more hours with your grand, we have certain number of days to live, but I am afraid the stress and trouble in making this grand will reduce the number of your days more than you can buy with it. And, I don't think I ever met a man yet that said to me "remember the september ... issue of the Wall St Journal ... that was a great time wasn't it ... sure wish old .... was here so we could read it again". Why would anybody do that? It's better to enjoy the wealth and dwell on how it's growth progressed. You are free to enjoy your wealth, but seems to me, you do not have enough to afford your sailing without it causing you some pain. Got to go. Time to smoke a fine cigar and make love with one of my many female companions who love the life wealth can give them... If you believe that buyin love and sex, I hope you will be happy with it, we go sailing and some or our girlfriends come along, becaue they like us, not only our money. - Lauri Tarkkonen |
The average boat owning idiot.
"Lauri Tarkkonen" wrote in message ... In "Wilbur Hubbard" writes: snip.. .. 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 Wilbur Hubbard Capt Neil has a 26' Coronado, mustard yellow in colour with a passion purple interior. No self respecting woman would step aboard so he's hoping for a buff young male. |
The average boat owning idiot.
In "Wilbur Hubbard" writes:
"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 I was smart of you to concentrate on the name issue, because you was proven to be wrong and stupid in all other counts of your post. Your posts tell me, that either you are a troll, who can not even dream to have a bot of his own, or you are a complete jerk, who thinks that money can buy everything and on the other hand you do not know anything about boats and sailing. - Lauri Tarkkonen |
The average boat owning idiot.
In katy writes:
Lauri Tarkkonen wrote: Lauri, Get a clue..you're responding to a trolling sock...this is who you're responding to: http://captneal.homestead.com/index.html You are right, he really does not know anything about boats and sailing. Or human decensy, if that is a matter. - Lauri Tarkkonen |
The average boat owning idiot.
"NE Sailboat" wrote in message news:AyhMh.13724$dG.11972@trndny08... "Got to go. Time to smoke a fine cigar and make love with one of my many female companions who love the life wealth can give them..." Hey,, are you still leaving the tip under the pillow or is it included in the credit card? What..Capt Kneel tip the woman for 2 minutes work? Not likely! |
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 |
The average boat owning idiot.
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 |
The average boat owning idiot.
On Wed, 21 Mar 2007 16:26:07 -0400, "Wilbur Hubbard"
wrote: 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? And you've done all of that, right? In your dreams. |
The average boat owning idiot.
" Got to go. Time to smoke a fine cigar and make love with one of my many female companions who love the life wealth can give them... Wilbur Hubbard Better be careful Neal, that cigar could melt a hole in those blow up dolls - Or, maybe thats what you want to do? Rubli W Drabbuh PS: Isn't it pityful that this guy still seeks attention on the net . No friends and the laughing stock of the Keys. |
The average boat owning idiot.
Just wanted to point out that all replies to this thread posted here are
crossposted to alt.sailing.asa . Just part of the trolls little game. |
The average boat owning idiot.
Besides your ranting because you can't afford a decent boat,
what is your point? Scotty "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 |
The average boat owning idiot.
Thanks, I always did like that 'parable'. I heard it a bit
different, but the lesson's the same. SBV "RW Salnick" wrote in message An American businessman was at a pier in a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellow-fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them. "Only a little while, senor," replied the Mexican. The American then asked, "why didn't you stay out longer and catch more fish?" The Mexican explained that he had enough to support his family's immediate needs. The American then asked the Mexican how he spent the rest of his time. The Mexican fisherman said, "I sleep late, fish a little, play with my children, take siesta with my wife, stroll into the village each evening where I sip wine and play guitar with my amigos. I have a full life..." The American interrupted, "I am a Harvard MBA and could help you. You should spend more time fishing and, with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats. Eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing and distribution." "You could then leave this small coastal fishing village and move to Mexico City, then LA and eventually NYC where you will run your expanding enterprise." Then the Mexican fisherman interrupted, "but senor, how long will this all take?" The American replied, "15-20 years." "But what then, senor?" asked the Mexican. The American laughed, and said, "that's the best part! When the time is right, you would announce an IPO and sell your company stock to the public. You'll become very rich, you would make millions!" "Millions, senor?" replied the Mexican. "Then what?" "Then you could retire, move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siesta with your wife, stroll into the village in the evenings where you would sip wine and play guitar with your amigos." bob s/v Eolian Seattle |
The average boat owning idiot.
"Ernest Scribbler" wrote in message et... "Don White" wrote an ugly yellow boat with purple interior? It's mauve on gold, I'll have you know... that is *SO* gay! SBV |
The average boat owning idiot.
"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. . . 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 |
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. Relax, Lauri. You have to know Capt. Neal to understand his tirades. Max |
The average boat owning idiot.
"Gogarty" wrote in message ... In article , says... 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. (Snip) 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. Too bad. The Super Marimu is an outstanding cruiser--fast, comfortable, and strong as the proverbial brick relief facility . . . Max |
| All times are GMT +1. The time now is 07:17 AM. |
Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004 - 2014 BoatBanter.com