Owning a boat really is something though. I whine about our short sailing
season and I'm often too busy to sail as much as I'de like but the bottom
line is that I know it's down at the club, on it's mooring, waiting.
There's always the potential and promise. If I sold the boat I would be
depressed. The way the market is going though I could sell it now, do other
things with the money and buy another in five years for less money. VS
continuing to dump money into mine for the next five years.
It's hard.

There are still some inexpensive vacant properties outside of Toronto ..
and that won't last much longer. Boats will always get cheaper, land won't.
I'm 35 now, whatever land I might buy will be worth more in ten years, in
twenty.... parking a cheap trailer on it for the time being and slowly
building a cabin seems like a good use of my time, energy and finances.
It's the same time, energy and finances I spend on the boat. I love my boat
though and I love the times I've spent on it with my partner, and my
friends. We just got back from a three week cruise and it was magical. Boat
bubble all the way.

Decisions, decisions.

Steve
Suhana, C&C 32
Toronto



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*
>
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