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#1
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posted to rec.boats.cruising
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I strongly recommend taking a look at what Wilbur Hubbard has done. He has
minimized the expenses and maximized the enjoyment of world class blue water cruising. What is most amazing is that he has done this all out of personal philosophy, rather than economic necessity, decades before the current economic upheaval. He seems to have the amazing power to see beyond the years and can extract the essence necessary for a life well lived. He is also a master mariner, specializing in sailboats, so he can offer sound advice based upon many years of experience. Few ever find fault with his sagely words. "Tim Shavinsky" wrote in message ... Cruising is driving me to the poor house. I typically put on 250 hours a years at 4 gph which puts fuel at about $6,000. The dockspace is costing me $5,000 a year. Maintenance, insurance is $3,000 a year. Depreciation of the trawler is $8,000 a year. Opportunity cost(@ 5%) is $10,000 a year. The thing is costing me $32,000 a year! If I just took the money I paid for it and invested I could getting checks for $10,000 a year rather than being 30K+ in the hole each year. In 3 years I could have 30K in cash by foregoing the boat or be 100K in the hole. On the horizon I only see higher fuel costs and everything else going up in cost, the boat plummeting in value and no increased return on my retirement egg. I love the boat but this is really draining me, I am seriously considering pulling the plug before things get worse. Does anyone here have any creative solutions or are we all in the same mess? I figure I need 25 years of retirement funds and won't make it with the trawler. Is there an American friendly country with cheap fuel, good health care and low expenses? Thanks everyone. Tim Shavinsky |
#2
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posted to rec.boats.cruising
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On Jun 24, 8:26*am, "Doug Dapner" wrote:
I strongly recommend taking a look at what Wilbur Hubbard has done. He has minimized the expenses and maximized the enjoyment of world class blue water cruising. What is most amazing is that he has done this all out of personal philosophy, rather than economic necessity, decades before the current economic upheaval. He seems to have the amazing power to see beyond the years and can extract the essence necessary for a life well lived. He is also a master mariner, specializing in sailboats, so he can offer sound advice based upon many years of experience. Few ever find fault with his sagely words. "Tim Shavinsky" wrote in message ... Cruising is driving me to the poor house. I typically put on 250 hours a years at 4 gph which puts fuel at about $6,000. The dockspace is costing me $5,000 a year. Maintenance, insurance is $3,000 a year. Depreciation of the trawler is $8,000 a year. Opportunity cost(@ 5%) is $10,000 a year. The thing is costing me $32,000 a year! If I just took the money I paid for it and invested I could getting checks for $10,000 a year rather than being 30K+ in the hole each year. In 3 years I could have 30K in cash by foregoing the boat or be 100K in the hole. On the horizon I only see higher fuel costs and everything else going up in cost, the boat plummeting in value and no increased return on my retirement egg. I love the boat but this is really draining *me, I am seriously considering pulling the plug before things get worse. Does anyone here have any creative solutions or are we all in the same mess? I figure I need *25 years of retirement funds and won't make it with the trawler. Is there an American friendly country with cheap fuel, good health care and low expenses? Thanks everyone. Tim Shavinsky- Hide quoted text - - Show quoted text - Pretty good troll over all Wilbur/Neal/Doug/Tim but you blew it when you took your own hook line and sinker. Try harder Wilbur, this one was patheticly transparent Fred |
#3
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posted to rec.boats.cruising
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On Tue, 24 Jun 2008 08:52:15 -0700 (PDT), wrote:
Pretty good troll over all Wilbur/Neal/Doug/Tim but you blew it when you took your own hook line and sinker. Try harder Wilbur, this one was patheticly transparent It doesn't seem to matter as long as he has plenty of people (of his own invention) to talk to. Pathetic. |
#4
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posted to rec.boats.cruising
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Do you think the OP was Neal? If so, he finally snookered me.
-- Roger Long |
#5
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posted to rec.boats.cruising
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On Jun 25, 9:46*am, "Roger Long" wrote:
Do you think the OP was Neal? *If so, he finally snookered me. -- Roger Long No doubt. It is one of his classics to justify his meager existance on a small little boat welded to a chain attached to an old chevy engine block. The guy makes Sybil look perfectly normal. Fred |
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