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re: Yacht purchase advice
Posted on 6/21/20 at 3:15 pm to Dandaman
Posted on 6/21/20 at 3:15 pm to Dandaman
I would never own a boat that I didn’t pay cash for.
Your idea sounds great until that first big repair bill.
People also don’t realize that boats are a bitch to maintain. It is much more trouble than your house. There’s always something to fix or maintain and the larger the boat, the more systems the more problems.
Get a boat you can pay cash for and move up from there if you find it a good use of your entertainment money.
You will not make money with a one boat boat club.
Your idea sounds great until that first big repair bill.
People also don’t realize that boats are a bitch to maintain. It is much more trouble than your house. There’s always something to fix or maintain and the larger the boat, the more systems the more problems.
Get a boat you can pay cash for and move up from there if you find it a good use of your entertainment money.
You will not make money with a one boat boat club.
This post was edited on 6/22/20 at 4:05 am
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