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Forum: Boat Ownership & Making a Living 18-12-2013, 05:48
Replies: 70
Views: 10,143
Posted By belizesailor
Yes, but you appear to have better than a pinch...

Yes, but you appear to have better than a pinch of common sense...which often gets lost in all the finance-speak. Stick with the common sense, it will serve you much better in the long haul, and help...
Forum: Boat Ownership & Making a Living 18-12-2013, 05:29
Replies: 70
Views: 10,143
Posted By belizesailor
Financing a depreciating (or at least...

Financing a depreciating (or at least non-appreciating), non-income producing asset is fundamentally a bad financial decision.

Take the 20% and pay cash for a nice older mono, many good options on...
Forum: Boat Ownership & Making a Living 13-11-2013, 05:47
Replies: 70
Views: 10,143
Posted By belizesailor
+1. Cash is King, especially when a depreciating,...

+1. Cash is King, especially when a depreciating, non profit producing asset is involved. Certainly on par with another common bad practice...financing a car.
Forum: Boat Ownership & Making a Living 13-11-2013, 05:42
Replies: 70
Views: 10,143
Posted By belizesailor
One very overhyped blog, about 1 boat, by...

One very overhyped blog, about 1 boat, by inexperienced owners...who in the end liked the boat that carried them safely across the Pacific. Many experienced and happy W35 and Jag 35 owners.
...
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