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Old 10-09-2017, 16:36   #46
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Re: Crushing, literally and figuratively

Ahh, the dreamers.

Just down the river from my marina is a boat graveyard. A place where people take their worthless boats with the intention of "fixing them up". Reality of course is, they don't fix them up, they just leave them anchored (usually with three cinder blocks on a rope) until they break loose and drift into the marsh. With the six foot tides, it's not long until they get stuck, tip and sink.

There's a local guy who drags them out of the water to the boat ramp and hauls them away for the value of the lead in the keel.

There's a point in the life of a boat (if it hasn't been cared for and maintained) where it's not worth the cost of repairs. Spending $20K to repair a boat that will be worth $10K when you're finished is not smart.
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Old 10-09-2017, 16:42   #47
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Re: Crushing, literally and figuratively

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Originally Posted by rwidman View Post
There's a point in the life of a boat (if it hasn't been cared for and maintained) where it's not worth the cost of repairs. Spending $20K to repair a boat that will be worth $10K when you're finished is not smart.
Yes, perhaps, but that last sentence is true of the vast majority of boats, regardless of condition. I think it is not what it's ultimately worth to someone else, but what has that 20K gotten for the owner?
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Old 10-09-2017, 16:46   #48
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Re: Crushing, literally and figuratively

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Ahh, the dreamers. . Spending $20K to repair a boat that will be worth $10K when you're finished is not smart.
Wether is is or isnt worth it is a matter of personal opinion.
Btw just owning a boat requires a certain amount of crazy.
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Old 10-09-2017, 19:19   #49
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Re: Crushing, literally and figuratively

"Smart" (within the context of anything financial) and "Boat Ownership" are mutually exclusive terms.
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Old 13-09-2017, 16:50   #50
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Re: Crushing, literally and figuratively

Oh, I dunno... owning boats and sailing have allowed me to avoid being locked up in an expensive psychiatric care unit... must be some fiscal advantage there!

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Old 15-09-2017, 03:36   #51
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Re: Crushing, literally and figuratively

as to excessive costs of favourite pastimes, there is a saying around here that would translate into
"the last shirt has no pockets."
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