Let's begin by clearing up the semantics. Whatever you call it, a boat
is a money
pit. The old saying is, "a boat
is a hole in the water
you throw money
into." That is pretty close to being true. So, if you think that you can buy a boat, use it for a few years, and then sell it and get all of your money back, you are delusional.
Okay, maybe if you have professional-level boat repair
skills, you might get most of your money back. For most of us, though? Not a chance. For the OP? Absolutely no way.
The other point, as has already been mentioned, is that the OP's budget
is really not even in the ballpark for the kind of boat he is talking about. Given that half the budget
could easily be eaten up in one year in taxes
, mooring fees
, and so on, then add in normal maintenance
costs, and he has no money left to buy the boat in the first place!
Really don't mean to prick a hole in your dreams, Ben, but I think the smart thing to do would be to find some other way to invest the money. Perhaps a true investment, that pays some sort of returns.
Good luck, whatever you do.