How do cruisers pay for boats?

[mglonnro]

Originally Posted by sgl

We're definitely taking a significant risk, and of course putting half of our net worth in a depreciating asset is a little crazy.

It's not crazy, it's wonderful!

The appreciating life should well offset depreciating asset.

#yolo

[Simi 60]

Originally Posted by malbert73

Agree on looking at monos. When you compare apples to apples in effective size (40-45 cat = 55 foot mono approximately) and price range there are a lot more options on used market in monos with live aboard comfort.
In essence look at some 50-60 foot monos that cost the same as a 40-45 cat and you’ll see pretty nice liveability and likely less upfront costs

For example a top end build yacht for 389k:

https://www.yachtworld.com/boats/199...or-54-3555217/

Or more modern:

https://www.yachtworld.com/boats/199...au-62-3169620/

Both still considerably lacking in comfort and useability compared to what we enjoy now

[malbert73]

Originally Posted by Simi 60

Both still considerably lacking in comfort and useability compared to what we enjoy now

I know, I know [emoji3]. I posted this in case going to the dark side AND a mono was too much to consider at once

[Santiago1A]

Get job. Vote Republican to cut taxes. Save money. Buy boat. Fix stuff. Then cruise. Then fix more stuff. Then sell boat. Then buy boat. Then repeat. Then retire. Then vote Democratic to get free stuff.