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34 Week inventory, sales down, stock soaring (????)
Sales are off over at Brunswick.
There's a 34-week inventory of boats in the pipeline. However, because the fall off in sales was less than analysts expected, Brunswick stock is up sharply. Only thing weirder than the boat business has to be the stock market. ************** Brunswick 1Q Profits, Sales Drop AP LAKE FOREST, Ill. (AP) - Brunswick Corp., the world's largest maker of recreational boats and marine engines, reported a 32 percent drop in first-quarter earnings Thursday but the decline was less than expected and its stock soared. The results came on lower sales in a soft U.S. market for boat sales. Beating expectations, however, propelled Brunswick's shares up $3.03, or 9.9 percent, to close at $33.74 on the New York Stock Exchange. Net earnings for the first three months of the year were $45.6 million, or 50 cents per share, down from $67.4 million, or 70 cents per share, a year earlier. Earnings from continuing operations amounted to $34.3 million, or 38 cents per share, down more than half from a year ago but well above the consensus estimate of analysts surveyed by Thomson Financial of 29 cents per share. Revenue was $1.39 billion, down 1 percent from $1.41 billion in the first quarter of 2006, but better than the $1.34 billion expected by analysts. "Operating earnings were affected by lower sales, reduced fixed-cost absorption from production cuts, costs associated with previously announced restructuring efforts, as well as by increased discounts offered to spur retail demand," said Chairman and Chief Executive Dustan McCoy. Boat pipeline inventories stood at 34 weeks of supply at the end of the quarter compared with 32 weeks of supply a year ago, he said. Boat segment sales declined 7 percent to $699 million in the quarter. Excluding incremental sales from acquired businesses, segment sales slipped 9 percent. Marine engine segment revenue rose 3 percent to $572.6 million. Fitness segment revenue increased 8 percent to $145 million. Brunswick said it is maintaining its full-year earnings guidance due to its pipeline inventories, production schedules and the early position in the marine selling season. On the Net: www.brunswick.com |
34 Week inventory, sales down, stock soaring (????)
On Apr 26, 6:19?pm, John H. wrote:
On 26 Apr 2007 15:52:10 -0700, Chuck Gould wrote: Sales are off over at Brunswick. There's a 34-week inventory of boats in the pipeline. However, because the fall off in sales was less than analysts expected, Brunswick stock is up sharply. Only thing weirder than the boat business has to be the stock market. ************** The stock is still only a little over half what it was a couple years ago. I fear we may see a few mfgr go OOB this year. Unleaded premium gas ashore is $3.40- $3.60 right now, so it has to be $5 or really close at the fuel dock. Folks who have to know exactly where every dollar goes, every month, are probably the most vulnerable when this rape and pillage pricing kicks in. It's going to be the smaller, less expensive boats that suffer the worst. After the last two years of sky high prices and this year headed higher, it's getting difficult for anybody to believe that it's a temporary market phenomenon and that things will probably get back to "normal" next summer. At $150- $300 an hour in fuel costs for some of the speedier boats, even a few of the guys with deep pockets are going to be thinking twice about using their boats as much. Too bad, because in general the economy is snorting along pretty nicely. Full employment, strong stock market, real estate values stabilizing and beginning to bounce back......you'd have to think that this would be a dynamite time to sell boats. Business is extremely good for some at the upper end, but it's never a good sign when sales are off at Brunswick, Genmar, or one of the other mass-pro suppliers. Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. |
34 Week inventory, sales down, stock soaring (????)
On 26 Apr 2007 15:52:10 -0700, Chuck Gould
wrote: Sales are off over at Brunswick. There's a 34-week inventory of boats in the pipeline. However, because the fall off in sales was less than analysts expected, Brunswick stock is up sharply. Only thing weirder than the boat business has to be the stock market. ************** The stock is still only a little over half what it was a couple years ago. |
34 Week inventory, sales down, stock soaring (????)
On 26 Apr 2007 18:08:12 -0700, Chuck Gould
wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. |
34 Week inventory, sales down, stock soaring (????)
"Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! Count your blessings--I put in 110 gallons today--ouch! Did get away with only 18 gallons of Diesel in the truck though. ;). |
34 Week inventory, sales down, stock soaring (????)
"Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. Maybe it will go back to the days of 40 years ago. We skied behind 40 hp Outboards in 16-18' boats. Why do we all the sudden need $70,000 boat to ski behind. A Tourney ski boat dealer just changed hands here in town. They were advertising discounts of $20,000 on some boats. Talk about being overpriced to start with. |
34 Week inventory, sales down, stock soaring (????)
On Fri, 27 Apr 2007 06:55:54 GMT, "Calif Bill"
wrote: "Short Wave Sportfishing" wrote in message .. . On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. Maybe it will go back to the days of 40 years ago. We skied behind 40 hp Outboards in 16-18' boats. Why do we all the sudden need $70,000 boat to ski behind. A Tourney ski boat dealer just changed hands here in town. They were advertising discounts of $20,000 on some boats. Talk about being overpriced to start with. Heh - hell, we used to use my 13 foot Boston Whaler Sport with a 25 Merc and water ski in the harbor all the time. Of course I was sixty pounds lighter then, but still... :) |
34 Week inventory, sales down, stock soaring (????)
On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw"
wrote: "Short Wave Sportfishing" wrote in message .. . On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! Count your blessings--I put in 110 gallons today--ouch! Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. |
34 Week inventory, sales down, stock soaring (????)
On Fri, 27 Apr 2007 01:34:19 GMT, Short Wave Sportfishing
wrote: On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. ....and besides, golf is not only cheaper, it's better exercise than fishing, unless you walk on water! |
34 Week inventory, sales down, stock soaring (????)
On Apr 27, 4:02�am, Short Wave Sportfishing wrote:
On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message .. . On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. *The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. *Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! *Count your blessings--I put in 110 gallons today--ouch! *Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win.- Hide quoted text - - Show quoted text - Wandering off a bit, but I heard a fascinating analysis of the fuel price situation the other day. The speaker postulated that when there is no realistic threat or opportunity for a new supplier to enter the market and increase supply, it becomes more profitable to short the market and sell to the highest bidders than to ramp up production to meet demand. He said that in my state, supply is managed down to the point where there is only a 1-2% reserve on hand most of the time and when the reserve begins shrinking prices are raised to raise profits as well as curtail demand. We have been exporting tanker loads of *refined* petroleum products from WA to Canada and Japan; yet we are constantly hearing that a lack of refinery capacity is to blame for high fuel prices. The oil companies are entitled to make a decent return on their product. Nothing says that we are entitled to cheap fuel; but each year that prices get this ridiculously out of sight another group of people decide to give up boating, flying, RVing, or etc. As people get out of the sport, many of the suppliers of goods and services that are part of the infrastructure begin to fail. Boat companies go OOB, resort marinas close down, fuel docks have to shut, bait shacks don't make it, etc. It's sad that the next generation won't have some of the same recreational opportunities that we have enjoyed---- but then again why should we assume the next generation even wants the same recreational opportunities? The 20-somethings today are a pretty different breed, (but that's probably always been the perspective of old farts like me). |
34 Week inventory, sales down, stock soaring (????)
On 27 Apr 2007 09:21:45 -0700, Chuck Gould
wrote: It's sad that the next generation won't have some of the same recreational opportunities that we have enjoyed---- but then again why should we assume the next generation even wants the same recreational opportunities? The 20-somethings today are a pretty different breed, (but that's probably always been the perspective of old farts like me). As the father of a couple of 20 something sons, I can tell you with a great deal of certainty that there are many in their generation who are enthusiastic small boat sailors. Talk about energy efficient, they both live in Manhattan and commute up to their weekend sailing regattas via public transportation, and go racing on boats with no engine at all. Yes, it really can be done, but it won't do much for Brunswick's bottom line. |
34 Week inventory, sales down, stock soaring (????)
"John H." wrote in message ... On Fri, 27 Apr 2007 01:34:19 GMT, Short Wave Sportfishing wrote: On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. ...and besides, golf is not only cheaper, it's better exercise than fishing, unless you walk on water! I used to golf, and I still think boating is cheaper. At least with a 21' boat. |
34 Week inventory, sales down, stock soaring (????)
"Short Wave Sportfishing" wrote in message ... On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message . .. On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! Count your blessings--I put in 110 gallons today--ouch! Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. I am sure glad we sold our 32 footer when we did. She carried 186 gallons of fuel and was not thrifty on gas. With marina fuel prices this season probably approaching $4/gallon..................$744 for a fill up. OUCH!!!!!!!!! For those with bigger boats and larger fuel tanks...........best of luck. |
34 Week inventory, sales down, stock soaring (????)
JimH wrote:
"Short Wave Sportfishing" wrote in message ... On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! Count your blessings--I put in 110 gallons today--ouch! Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. I am sure glad we sold our 32 footer when we did. She carried 186 gallons of fuel and was not thrifty on gas. With marina fuel prices this season probably approaching $4/gallon..................$744 for a fill up. OUCH!!!!!!!!! For those with bigger boats and larger fuel tanks...........best of luck. If there is a trend towards smaller boats, I'd certainly welcome it. In addition to burning too much fuel, the larger powerboats hog dock space at marinas and restaurants, take too long to fill up at fuel docks, and clog up many of the Bay's small harbors with their avoirdupois. |
34 Week inventory, sales down, stock soaring (????)
On Fri, 27 Apr 2007 16:48:45 -0400, Harry Krause
wrote: the larger powerboats hog dock space at marinas and restaurants, take too long to fill up at fuel docks I don't know how you could possibly say that Harry. We can easily take on 800 gallons or so of diesel in less than 2 hours. Next thing you know, you'll be claiming that we are monopolizing all of the good looking women and catching the best fish. Here's another question / issue for you. Do I automatically tun into a better person when I'm using my small boat? |
34 Week inventory, sales down, stock soaring (????)
"JimH" wrote in message ... "Short Wave Sportfishing" wrote in message ... On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! Count your blessings--I put in 110 gallons today--ouch! Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. I am sure glad we sold our 32 footer when we did. She carried 186 gallons of fuel and was not thrifty on gas. With marina fuel prices this season probably approaching $4/gallon..................$744 for a fill up. OUCH!!!!!!!!! For those with bigger boats and larger fuel tanks...........best of luck. Have an aquaintance who runs a Z-drive Tractor Tugboat in San Francisco Bay. 132,000 gallon fuel capacity. Figure out what that fillup would set you back. |
34 Week inventory, sales down, stock soaring (????)
Wayne.B wrote:
On Fri, 27 Apr 2007 16:48:45 -0400, Harry Krause wrote: the larger powerboats hog dock space at marinas and restaurants, take too long to fill up at fuel docks I don't know how you could possibly say that Harry. We can easily take on 800 gallons or so of diesel in less than 2 hours. Next thing you know, you'll be claiming that we are monopolizing all of the good looking women and catching the best fish. Here's another question / issue for you. Do I automatically tun into a better person when I'm using my small boat? I'm sure of it. |
34 Week inventory, sales down, stock soaring (????)
Harry Krause wrote:
JimH wrote: "Short Wave Sportfishing" wrote in message ... On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! Count your blessings--I put in 110 gallons today--ouch! Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. I am sure glad we sold our 32 footer when we did. She carried 186 gallons of fuel and was not thrifty on gas. With marina fuel prices this season probably approaching $4/gallon..................$744 for a fill up. OUCH!!!!!!!!! For those with bigger boats and larger fuel tanks...........best of luck. If there is a trend towards smaller boats, I'd certainly welcome it. In addition to burning too much fuel, the larger powerboats hog dock space at marinas and restaurants, take too long to fill up at fuel docks, and clog up many of the Bay's small harbors with their avoirdupois. And yet another testimony to the lack of existence of the imaginary "lobster boat" brought to you by Harry. |
34 Week inventory, sales down, stock soaring (????)
On Apr 27, 7:57 pm, "Calif Bill" wrote:
"JimH" wrote in message ... "Short Wave Sportfishing" wrote in message .. . On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! Count your blessings--I put in 110 gallons today--ouch! Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. I am sure glad we sold our 32 footer when we did. She carried 186 gallons of fuel and was not thrifty on gas. With marina fuel prices this season probably approaching $4/gallon..................$744 for a fill up. OUCH!!!!!!!!! For those with bigger boats and larger fuel tanks...........best of luck. Have an aquaintance who runs a Z-drive Tractor Tugboat in San Francisco Bay. 132,000 gallon fuel capacity. Figure out what that fillup would set you back. Heck, I have an Uncle who runs several thousand ships with greater fuel capacities. Uncle Sam. ;-) |
34 Week inventory, sales down, stock soaring (????)
"JimH" wrote in message oups.com... On Apr 27, 7:57 pm, "Calif Bill" wrote: "JimH" wrote in message ... "Short Wave Sportfishing" wrote in message .. . On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! Count your blessings--I put in 110 gallons today--ouch! Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. I am sure glad we sold our 32 footer when we did. She carried 186 gallons of fuel and was not thrifty on gas. With marina fuel prices this season probably approaching $4/gallon..................$744 for a fill up. OUCH!!!!!!!!! For those with bigger boats and larger fuel tanks...........best of luck. Have an aquaintance who runs a Z-drive Tractor Tugboat in San Francisco Bay. 132,000 gallon fuel capacity. Figure out what that fillup would set you back. Heck, I have an Uncle who runs several thousand ships with greater fuel capacities. Uncle Sam. ;-) But he does not get to pilot the ship. He hires others to do the job. |
34 Week inventory, sales down, stock soaring (????)
On Apr 27, 1:48�pm, Harry Krause wrote:
JimH wrote: "Short Wave Sportfishing" wrote in message .. . On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. *The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. *Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! *Count your blessings--I put in 110 gallons today--ouch! *Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. I am sure glad we sold our 32 footer when we did. *She carried 186 gallons of fuel and was not thrifty on gas. *With marina fuel prices this season probably approaching $4/gallon..................$744 for a fill up. OUCH!!!!!!!!! For those with bigger boats and larger fuel tanks...........best of luck. If there is a trend towards smaller boats, I'd certainly welcome it. In addition to burning too much fuel, the larger powerboats hog dock space at marinas and restaurants, take too long to fill up at fuel docks, and clog up many of the Bay's small harbors with their avoirdupois..- Hide quoted text - - Show quoted text - I suppose you're entitled to that opinion, especially since your "larger" boat doesn't occupy any space at all at a restaurant or marina. :-) |
34 Week inventory, sales down, stock soaring (????)
Chuck Gould wrote:
On Apr 27, 1:48�pm, Harry Krause wrote: JimH wrote: "Short Wave Sportfishing" wrote in message ... On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. �The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. �Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! �Count your blessings--I put in 110 gallons today--ouch! �Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. I am sure glad we sold our 32 footer when we did. �She carried 186 gallons of fuel and was not thrifty on gas. �With marina fuel prices this season probably approaching $4/gallon..................$744 for a fill up. OUCH!!!!!!!!! For those with bigger boats and larger fuel tanks...........best of luck. If there is a trend towards smaller boats, I'd certainly welcome it. In addition to burning too much fuel, the larger powerboats hog dock space at marinas and restaurants, take too long to fill up at fuel docks, and clog up many of the Bay's small harbors with their avoirdupois.- Hide quoted text - - Show quoted text - I suppose you're entitled to that opinion, especially since your "larger" boat doesn't occupy any space at all at a restaurant or marina. :-) crickets |
34 Week inventory, sales down, stock soaring (????)
"Dan" wrote in message ... And yet another testimony to the lack of existence of the imaginary "lobster boat" brought to you by Harry. Sure can tell it's Friday. Wild Bill has gone to town and gotten all liquored up again. |
34 Week inventory, sales down, stock soaring (????)
"Chuck Gould" wrote in message oups.com... On Apr 27, 1:48?pm, Harry Krause wrote: JimH wrote: "Short Wave Sportfishing" wrote in message .. . On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! Count your blessings--I put in 110 gallons today--ouch! Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. I am sure glad we sold our 32 footer when we did. She carried 186 gallons of fuel and was not thrifty on gas. With marina fuel prices this season probably approaching $4/gallon..................$744 for a fill up. OUCH!!!!!!!!! For those with bigger boats and larger fuel tanks...........best of luck. If there is a trend towards smaller boats, I'd certainly welcome it. In addition to burning too much fuel, the larger powerboats hog dock space at marinas and restaurants, take too long to fill up at fuel docks, and clog up many of the Bay's small harbors with their avoirdupois.- Hide quoted text - - Show quoted text - I suppose you're entitled to that opinion, especially since your "larger" boat doesn't occupy any space at all at a restaurant or marina. :-) ============== Remind me again how that post works towards improving the tone of this NG? |
34 Week inventory, sales down, stock soaring (????)
"Don White" wrote in message ... "Dan" wrote in message ... And yet another testimony to the lack of existence of the imaginary "lobster boat" brought to you by Harry. Sure can tell it's Friday. Wild Bill has gone to town and gotten all liquored up again. ooops..correction. It's Diaper Dan this time.............. |
34 Week inventory, sales down, stock soaring (????)
"Don White" wrote in message ... "Don White" wrote in message ... "Dan" wrote in message ... And yet another testimony to the lack of existence of the imaginary "lobster boat" brought to you by Harry. Sure can tell it's Friday. Wild Bill has gone to town and gotten all liquored up again. ooops..correction. It's Diaper Dan this time.............. Maybe you should lay of the alcohol and drugs. Bad for a puppy. |
34 Week inventory, sales down, stock soaring (????)
Don White wrote:
"Don White" wrote in message ... "Dan" wrote in message ... And yet another testimony to the lack of existence of the imaginary "lobster boat" brought to you by Harry. Sure can tell it's Friday. Wild Bill has gone to town and gotten all liquored up again. ooops..correction. It's Diaper Dan this time.............. They all share the same dumb thought, so it really doesn't matter if no one can keep their names straight. |
34 Week inventory, sales down, stock soaring (????)
On Fri, 27 Apr 2007 20:06:27 GMT, "Calif Bill"
wrote: "John H." wrote in message .. . On Fri, 27 Apr 2007 01:34:19 GMT, Short Wave Sportfishing wrote: On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. ...and besides, golf is not only cheaper, it's better exercise than fishing, unless you walk on water! I used to golf, and I still think boating is cheaper. At least with a 21' boat. I just spent $1200 on repair of the power trim, tune up, lower unit service, thermostat, etc. on my 21'er. All of my clubs and shoes and bag came to less than that! And that doesn't count $1800 a year storage, not to mention the cost of the boat. Of course, much of those costs are offset by all the fish I get to eat for free. :) |
34 Week inventory, sales down, stock soaring (????)
On Sat, 28 Apr 2007 01:37:27 GMT, "Don White"
wrote: "Don White" wrote in message ... "Dan" wrote in message ... And yet another testimony to the lack of existence of the imaginary "lobster boat" brought to you by Harry. Sure can tell it's Friday. Wild Bill has gone to town and gotten all liquored up again. ooops..correction. It's Diaper Dan this time.............. You're so cute and predictable, Don. What a neat guy. Almost as cool as your buddy, the lobsta' boat owner. |
34 Week inventory, sales down, stock soaring (????)
On Fri, 27 Apr 2007 21:27:13 -0400, "JimH" wrote:
"Chuck Gould" wrote in message roups.com... On Apr 27, 1:48?pm, Harry Krause wrote: JimH wrote: "Short Wave Sportfishing" wrote in message .. . On Thu, 26 Apr 2007 20:07:38 -0700, "Danlw" wrote: "Short Wave Sportfishing" wrote in message ... On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. WOW. Only 42 gallons in the boat! Count your blessings--I put in 110 gallons today--ouch! Did get away with only 18 gallons of Diesel in the truck though. ;). I only have a 50 gallon tank in the Ranger. :) But speaking of which and somewhat related to Chuck's post, I know a lot of the tourny fishermen around here are cutting back on their weekend tournaments because of fuel prices - they can't afford to travel anymore - it would cost them more to go than they could potentially win. I am sure glad we sold our 32 footer when we did. She carried 186 gallons of fuel and was not thrifty on gas. With marina fuel prices this season probably approaching $4/gallon..................$744 for a fill up. OUCH!!!!!!!!! For those with bigger boats and larger fuel tanks...........best of luck. If there is a trend towards smaller boats, I'd certainly welcome it. In addition to burning too much fuel, the larger powerboats hog dock space at marinas and restaurants, take too long to fill up at fuel docks, and clog up many of the Bay's small harbors with their avoirdupois.- Hide quoted text - - Show quoted text - I suppose you're entitled to that opinion, especially since your "larger" boat doesn't occupy any space at all at a restaurant or marina. :-) ============== Remind me again how that post works towards improving the tone of this NG? It gave me a good Saturday morning laugh! |
34 Week inventory, sales down, stock soaring (????)
Don White wrote:
"Don White" wrote in message ... "Dan" wrote in message ... And yet another testimony to the lack of existence of the imaginary "lobster boat" brought to you by Harry. Sure can tell it's Friday. Wild Bill has gone to town and gotten all liquored up again. ooops..correction. It's Diaper Dan this time.............. Took you 15 minutes to figure that one out, genius? Maybe you should put down that Labatt and go to bed. |
34 Week inventory, sales down, stock soaring (????)
Harry Krause wrote:
Don White wrote: "Don White" wrote in message ... "Dan" wrote in message ... And yet another testimony to the lack of existence of the imaginary "lobster boat" brought to you by Harry. Sure can tell it's Friday. Wild Bill has gone to town and gotten all liquored up again. ooops..correction. It's Diaper Dan this time.............. They all share the same dumb thought, so it really doesn't matter if no one can keep their names straight. It's called reading, Harry. Pretty simple stuff. |
34 Week inventory, sales down, stock soaring (????)
"Dan" wrote in message ... Don White wrote: "Don White" wrote in message ... "Dan" wrote in message ... And yet another testimony to the lack of existence of the imaginary "lobster boat" brought to you by Harry. Sure can tell it's Friday. Wild Bill has gone to town and gotten all liquored up again. ooops..correction. It's Diaper Dan this time.............. Took you 15 minutes to figure that one out, genius? Maybe you should put down that Labatt and go to bed. Sorry... I wondered if it was worthwhile to correct for several of those minutes.... you know....the 'Twiddle Dee' and 'Twiddle Dum' factor. |
34 Week inventory, sales down, stock soaring (????)
"John H." wrote in message ... On Fri, 27 Apr 2007 20:06:27 GMT, "Calif Bill" wrote: "John H." wrote in message . .. On Fri, 27 Apr 2007 01:34:19 GMT, Short Wave Sportfishing wrote: On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. ...and besides, golf is not only cheaper, it's better exercise than fishing, unless you walk on water! I used to golf, and I still think boating is cheaper. At least with a 21' boat. I just spent $1200 on repair of the power trim, tune up, lower unit service, thermostat, etc. on my 21'er. All of my clubs and shoes and bag came to less than that! And that doesn't count $1800 a year storage, not to mention the cost of the boat. Of course, much of those costs are offset by all the fish I get to eat for free. :) It is the ongoing costs. The new clubs each year or so. The cost of golf and the 19th hole, or the wagers. |
34 Week inventory, sales down, stock soaring (????)
On Sun, 29 Apr 2007 00:03:41 GMT, "Calif Bill"
wrote: "John H." wrote in message .. . On Fri, 27 Apr 2007 20:06:27 GMT, "Calif Bill" wrote: "John H." wrote in message ... On Fri, 27 Apr 2007 01:34:19 GMT, Short Wave Sportfishing wrote: On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. ...and besides, golf is not only cheaper, it's better exercise than fishing, unless you walk on water! I used to golf, and I still think boating is cheaper. At least with a 21' boat. I just spent $1200 on repair of the power trim, tune up, lower unit service, thermostat, etc. on my 21'er. All of my clubs and shoes and bag came to less than that! And that doesn't count $1800 a year storage, not to mention the cost of the boat. Of course, much of those costs are offset by all the fish I get to eat for free. :) It is the ongoing costs. The new clubs each year or so. The cost of golf and the 19th hole, or the wagers. I suppose some folks buy new clubs every year, but I'm not one and don't know anyone who does. This year my boat will cost about $3200, just for storage, maintenance, and insurance. If I take it out for a day's fishing, I'll spend $50-60 on gas. That's about what a round of golf averages around here on the weekend. The '19th hole' applies to boating and golfing. I think golf is much cheaper! |
34 Week inventory, sales down, stock soaring (????)
On Apr 29, 2:27 pm, John H. wrote:
I think golf is much cheaper!- But boating is usually more predictable, and for the most part, less frustrating.... |
34 Week inventory, sales down, stock soaring (????)
Tim wrote:
On Apr 29, 2:27 pm, John H. wrote: I think golf is much cheaper!- But boating is usually more predictable, and for the most part, less frustrating.... Herring is a 28-30 handicap golfer, and an inept fisherman. Next, he'll be trading his clubs in on a set of Chinese checkers. |
34 Week inventory, sales down, stock soaring (????)
"Harry Krause" wrote in message . .. Tim wrote: On Apr 29, 2:27 pm, John H. wrote: I think golf is much cheaper!- But boating is usually more predictable, and for the most part, less frustrating.... Herring is a 28-30 handicap golfer, and an inept fisherman. Next, he'll be trading his clubs in on a set of Chinese checkers. And you can do none of the 3. |
34 Week inventory, sales down, stock soaring (????)
"John H." wrote in message ... On Sun, 29 Apr 2007 00:03:41 GMT, "Calif Bill" wrote: "John H." wrote in message . .. On Fri, 27 Apr 2007 20:06:27 GMT, "Calif Bill" wrote: "John H." wrote in message m... On Fri, 27 Apr 2007 01:34:19 GMT, Short Wave Sportfishing wrote: On 26 Apr 2007 18:08:12 -0700, Chuck Gould wrote: Means that folks of ordinary or upper middle class means aren't buying boats, and that volume is pretty crucial to pricing of a lot of goods and services that even those of us who aren't going to be trading boats any time soon consume on a regular basis. I've been saying that for over a year now just based on observation and intuition. I'm not exactly destitute, but it cost me $204 today to fill the truck with diesel (30 gallons - $83) and fill the boat (42 gallons - $121) after burning off the old fuel this afternoon. Do that every weekend, plus all the other expenses of going to work (which I don't do), increasing food and home energy costs, something has to give and that's going to be the boat. While the economy is stable, this notion of the FED that only core CPI is a valid indicator of inflation and living costs is ridiculous. The real rate of inflation is around 13% from the first of the year and the FED is pretending it's only around 2.3% because they discount energy and food. Last year, real inflation was something like 9%. Add increasing income taxes, increasing fees (my registrations went up this year by $5 across the board), insurance, etc., boating is the first to go. ...and besides, golf is not only cheaper, it's better exercise than fishing, unless you walk on water! I used to golf, and I still think boating is cheaper. At least with a 21' boat. I just spent $1200 on repair of the power trim, tune up, lower unit service, thermostat, etc. on my 21'er. All of my clubs and shoes and bag came to less than that! And that doesn't count $1800 a year storage, not to mention the cost of the boat. Of course, much of those costs are offset by all the fish I get to eat for free. :) It is the ongoing costs. The new clubs each year or so. The cost of golf and the 19th hole, or the wagers. I suppose some folks buy new clubs every year, but I'm not one and don't know anyone who does. This year my boat will cost about $3200, just for storage, maintenance, and insurance. If I take it out for a day's fishing, I'll spend $50-60 on gas. That's about what a round of golf averages around here on the weekend. The '19th hole' applies to boating and golfing. I think golf is much cheaper! Unless it is real slow play, the cost per hour is probably higher for golf. Plus a day on the water is a lot more rejuvenating. |
34 Week inventory, sales down, stock soaring (????)
Calif Bill wrote:
"Harry Krause" wrote in message . .. Tim wrote: On Apr 29, 2:27 pm, John H. wrote: I think golf is much cheaper!- But boating is usually more predictable, and for the most part, less frustrating.... Herring is a 28-30 handicap golfer, and an inept fisherman. Next, he'll be trading his clubs in on a set of Chinese checkers. And you can do none of the 3. That's right, Bilious: I don't like golf. |
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