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| quote: | Originally posted by Moral Hazard
I've never understood the whole Yacht idea. A family friend of mine paid 1.5 million for a used 60 foot yacht plus god knows how much in mooring fees every year. He next to never took it out of dock because a weekend on the water would run approx 3K in fuel (this is 10 years ago so I can only imagine what it would cost now). In my neck of the woods, that same 1.5 million could buy you a 5000square foot cottage on an acre of lakefront property, a 30 foot cabin cruiser, and a 15 foot sport boat. Better investment if you ask me, especially since the building and property will appreciate in value (in stark opposition to the yacht). |
60ft is excessive for a family boat, unless you're running a buisness from it. Heavier means crazy fuel costs, bigger insurance payments and every extra foot of lenght multiplies the mooring fees. A 25-30ft boat is more realistic for someone with a good and stable income (without being rich).
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