On 2008-06-23 11:40:12 -0400, Tim Shavinsky said:

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

If you drop the opportunity cost (already gone) and depreciation, your
actual numbers are in better shape.

Lose the dock (and house?) and anchor out and you're down to fuel,
insurance and maintenance.

Slow it down a knot or so, and you'll likely boost fuel economy.

Slow your life down to cruising speed and you'll likely live longer, cheaper.

--
Jere Lull
Xan-à-Deux -- Tanzer 28 #4 out of Tolchester, MD
Xan's pages: http://web.mac.com/jerelull/iWeb/Xan/
Our BVI trips & tips: http://homepage.mac.com/jerelull/BVI/

Jere Lull wrote:


If you drop the opportunity cost (already gone)

Its gone? Not if you can sell the boat and invest the proceeds

and depreciation, your
actual numbers are in better shape.

Yes, ignoring reality makes everything look better.

Or, one can get a boat that is essentially worthless, like Neal.


Lose the dock (and house?) and anchor out

like Neal

and you're down to fuel, insurance and maintenance.

why stop there, Neal wouldn't have insurance


Slow it down a knot or so, and you'll likely boost fuel economy.

Slow your life down to cruising speed and you'll likely live longer,
cheaper.

So Neal is going to outlive us all???