Canelo buying a yacht is a good investment

[Lopez_Boxing]

It's a riff on an old thread about Mayweather.


Circa 2009

Lmao. Im reading it now. Smh at some of the things said

[jmrf4435]

hahahahahah

Boats and cars should never ever be considered "investments". There are small exceptions but exceptions to a rule.

They depreciate..

In this case you may have a point--That boat is now a small piece of canelo memorabilia, which will always go up in value.

[aboutfkntime]

It’s a solid investment for him especially a custom boat. This adds to his portfolio of properties after he retires. He seems like a smart lad and is making the right moves to set himself up after the paychecks from boxing end.

not really

a investment directs money one way... to you

with a jet/yacht, which way does the money flow... ?

jets/yachts do not appreciate, and they cost a small fortune to maintain

most extremely rich people rent a jet/yacht when they need one, because it is way cheaper/easier

e.g.

that yacht costs 250k per weekend to rent

if Canelo only uses that yacht 5-6 times a year, it would be far cheaper to rent it... because the interest on the $25m that would still be sitting on Canelo's account would offset most of the rental cost... and the damn things cost $1m+ per year just to dock/maintain

good for Canelo... but buying that yacht really was a silly waste of money

[lparm]

The fact that Canelo is the one that bought it will raise it's value if he sells it.

People love stuff that belongs to celebrities.

Exactly

Some rich Saudi lad would love to get his hands on that boat just to say it’s Canelos yacht.

Mark my words the lad will make serious resale money off this investment

[kidbazooka]

Canelo is one rich sob

[Ray*]

Is this thread a sequel to the “Mayweather boat/yacht invest thread” from like 10 years ago? Those posters who were here at that time would know which thread am referring to.

[lparm]

It’s incredible how many warren buffet wannabes we have on here

The lad made a good purchase with an eye on recouping his money and then some and all of a sudden we have investment wizards saying it’s a bad buy

His name value alone adds about 10 mil to the boat on a resale I can’t wait until he sells it to prove you all wrong

[AKAcronym]

Not sure if trolling or not...

[SN!PER]

When global warming and World War III destroy and flood half of the world's cities, Canelo and his army will be ready with his personal fleet of Mexican yachts and warships.

[MEXICAN STYLE]

Pacquiao & now Alvarez got a yacht, all greats do