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Forum: Boat Ownership & Making a Living

11-05-2013, 08:14

Replies: 113

Poll: What percentage of your net worth does your boat represent?

Views: 16,792

Posted By Dennis.G

Re: What percentage of your net worth does your boat represent?

Bad math (according to question posed by poll).

If your boat cost $50k (even if the bank holds title) and your net worth is $100k, the result would be $50l / $100k = 50%

Could only be 0% if...

Forum: Boat Ownership & Making a Living

09-05-2013, 19:12

Replies: 113

Poll: What percentage of your net worth does your boat represent?

Views: 16,792

Posted By Dennis.G

Re: What percentage of your net worth does your boat represent?

I think so much of this relates to where you are in life:

Retired, likely less than 25% of net worth, hopefully less than 50% (otherwise, maybe need a cheaper boat).

Way back when I was fresh...

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