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re: Bigger waste of $$ - Boat or pool?

Posted on 3/27/18 at 8:01 am to
Posted by Bazzatcha
Member since May 2017
979 posts
Posted on 3/27/18 at 8:01 am to
A pool 1000x over. A boat has resale, a pool doesn't. That should be the end of the argument because you are only asking which is a bigger waste of money and to go any further would depend on type of boat and what costs you consider. If you add the fuel to run the boat, all the fishing gear needed to fish, bait, etc, the boat will probably end up costing more than how much you would spend to maintain your pool.
If you want a pool, I think it makes way more sense to join a club that has a pool and pay the 25k initiation/stock fee and the 600/mth dues. If you figure the 100/mth energy bill plus the 2k/ year maintenance, it would take you 13.7 years before owning the pool was cheaper. All the while, you could have enjoyed a golf course, gym, and private dining with your family.
Posted by mattgr1983
Austin, Tx
Member since Oct 2012
2434 posts
Posted on 3/27/18 at 8:02 am to
quote:

otentially a negative impact to the value of your property.


Is this true? I know you don't get your investment back, but I've never heard of a pool bringing the value down.
Posted by bamafan1001
Member since Jun 2011
15783 posts
Posted on 3/27/18 at 8:06 am to
quote:

It's not a waste of money if you use and enjoy it
Posted by oreeg
Baton Rouge
Member since Mar 2006
5438 posts
Posted on 3/27/18 at 8:07 am to
quote:

Is this true? I know you don't get your investment back, but I've never heard of a pool bringing the value down.


It doesn't bring value down necessarily but it does shrink your market. There are more people looking for a house without a pool rather that with a pool.
Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1799 posts
Posted on 3/27/18 at 8:07 am to
quote:

ravel sports for kids is probably a bigger waste of time and money than either of these




But think about that ROI when Lil Johnny makes the show
Posted by Pecker
Rocky Top
Member since May 2015
16674 posts
Posted on 3/27/18 at 8:09 am to
quote:

Is there anything that is not a waste of money according to the OT

Going on vacations are a waste of money

Playing golf is a waste of money

Joining a CC Club is a waste of money

Riding in a Mardi Gras parade is a waste of money

Hunting and fishing is a waste of money

Going to a sporting event is a waste of money



I don't find any form of leisure (or general purchase) to inherently be a waste of money. It's not my job to know what you can and can't afford.
This post was edited on 3/27/18 at 8:10 am
Posted by bamafan1001
Member since Jun 2011
15783 posts
Posted on 3/27/18 at 8:10 am to
quote:

It gets the family out having fun off grid and i can guarantee you in the last 5 years, I've pissed away at least 50k that serves me zero purpose going forward. So there's that.


Cant go back in time and buy more family time with money you've saved.
Posted by maxxrajun70
baton rouge
Member since Oct 2011
3726 posts
Posted on 3/27/18 at 8:14 am to
quote:

$60k boat here Horrible financial decision but IDGAF because I use the shite out of it. It gets the family out having fun off grid and i can guarantee you in the last 5 years, I've pissed away at least 50k that serves me zero purpose going forward. So there's that.


godamnit I love you baw
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 3/27/18 at 8:22 am to
Pools are trouble.

If you have big bucks for pool join country club.

Boat. Was just with cousins at family reunion. They talked about learning to water ski at our place on Kentucky lake.
Posted by p&g
Dixie
Member since Jun 2005
12995 posts
Posted on 3/27/18 at 8:23 am to
No they aren't.

Work?
Yes, trouble? Nah.

Key is to not build a huge one.
Smaller is justvas enjoyable and far less maintenance involved and time consuming.
Posted by shel311
McKinney, Texas
Member since Aug 2004
112944 posts
Posted on 3/27/18 at 8:27 am to
quote:

Bigger waste of $$ - Boat or pool?

Don't know much about a boat but my 1st house had a pool, it was great and not very costly.
Posted by Jor Jor The Dinosaur
Chicago, IL
Member since Nov 2014
7578 posts
Posted on 3/27/18 at 8:35 am to
Pool if you're going to build it, it's not a good investment.

Find a house that already has one.
Posted by Tempratt
Member since Oct 2013
15333 posts
Posted on 3/27/18 at 8:45 am to
I'd say the pool.
It's easier to get rid of a boat.
Filling a pool with cement would proably cost 10's of thousands.
Posted by BillBrosky
Your wife's back door
Member since Mar 2012
2732 posts
Posted on 3/27/18 at 8:54 am to
After I bought my 29ft boat the wife put in for a pool. Being the loving husband I am I went and purchased the nicest little blue pool you've ever seen. Brings joy seeing her out on the deck sitting in it.
Posted by tigertown80
tigerland
Member since Oct 2009
1445 posts
Posted on 3/27/18 at 9:01 am to
We use our pool every chance we get. The kids have swam in it for the last couple weeks freezing their asses off but they love it. I have maybe spent $100 on it the last year or so. Its salt so the maintence is very small. Can’t speak for the boat but my dad and brothers have boats and I don’t hear them complaining about them ever. They use them all the time also.
Posted by PortHudsonPlaya
Houston
Member since Jul 2017
3170 posts
Posted on 3/27/18 at 9:03 am to
I spent $50k on a bass boat and it's been worth every penny as I'm on the water 2-3 days a week and that is what I enjoy doing and have the funds to afford it.

This post was edited on 3/27/18 at 9:04 am
Posted by CP3forMVP
Member since Nov 2010
16083 posts
Posted on 3/27/18 at 9:15 am to
I wouldn't spend money on either, but I'd personally say a pool is a bigger waste of money. How many people do you know that are practically begging others to use their pool?
Posted by Drunken Crawfish
Member since Apr 2017
3883 posts
Posted on 3/27/18 at 9:18 am to
I can't catch speckled trout out of my pool.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 3/27/18 at 9:19 am to
quote:

One could just not have anything, live in a pod and take mass transit everywhere, just like the overlords would prefer the drones to do.



The overlords would much rather the drones spend a bunch of money in this economy.
Posted by whoisnickdoobs
Lafayette
Member since Apr 2012
9352 posts
Posted on 3/27/18 at 9:24 am to
quote:

A pool 1000x over. A boat has resale, a pool doesn't.


Doesn't a pool add to the resale value of your house? I guess this makes sense if you don't ever plan on moving.
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