Weighing in late here... yes a large sailboat is an insanely bad FINANCIAL investment, but it's good for your soul.
I'm well over $200k into Bojangles (less than half of which is purchase price) and I'd be lucky to get half that today. For the last couple of years though, I've chartered her out selectively and while I'm not making any serious money (in case the CRA is monitoring this thread), she is carrying her weigh for the most part. And the coolest thing is.... the current charterer has the boat down in Panama right now and we're heading down next week to take back the boat for a 2 week cruise in the San Blas Islands... How cool is that? Cheers, Colin On Thu, Aug 7, 2014 at 8:35 AM, Della Barba, Joe via CnC-List < cnc-list@cnc-list.com> wrote: > In 1969 we paid $30,000 for our house. > > In 1977 we paid $35,000 for Coquina. I was 13 years old then. > > My wife thinks this explains why I am crazy and if my total net worth was > $50 I would spend $40 on West System and $10 on food. Growing up I thought > it was totally normal to have a boat that cost more than your house and to > get taken out of school to wet sand the bottom the day before launching. > > > > Anyway a large sailboat now is an insanely bad investment. You either > cannot imagine not being out sailing or you find something else to do. > IMHO no amount of cash could ever replace this: > http://www.dellabarba.com/sailing/images/noah093x.JPG > > > > > > > > *Joe Della Barba* > > *Coquina* > > *C&C 35 MK I* > > _______________________________________________ > This List is provided by the C&C Photo Album > > Email address: > CnC-List@cnc-list.com > To change your list preferences, including unsubscribing -- go bottom of > page at: > http://cnc-list.com/mailman/listinfo/cnc-list_cnc-list.com > > >
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