Someone explain to Horus, a boat is not an investment.

[!! Shawn]

This thread was EPIC.

[!! Shawn]

I just read this whole thread, and horus took hits from all angles and surprizly laugh it off...

but he was right in a way because a boat is an investment..
but i guess it is too late now for him to redeem himself since he is banned

Just read this investors journal as they talk boat investing
http://www.nuwireinvestor.com/articl...nts-51167.aspx

http://www.euro-agent.com/yacht/investing.htm

great thread though.. lots of laughs..

Epic reading fail.The article talks about boat SLIPS as an investment. That is like like quoting an article on owning parking lots, and using it to say that buying a ferrari is a good investment...

Its not. The slip: great investment. The boat: ****ty awful terrible investment.

[!! Shawn]

The low (or high ) point of this thread came way back, when
Horus deliberately LIED. He claimed that this (below) was a
Yacht's deck plan:



when it was really the Floor Plan of a condo unit.
http://www.steveplowden.com/villas-c...yacht-club.htm

It's one thing to be stupidly mistaken, but this was a lie, lol...
so, fuck you Horus.


h.

ROFL!!!!!! For some reason that makes everything 10 times funnier now.

[!! Shawn]

I know some that years ago boat a vintage boat from salvage and reconditioned it.

They sold it for three times what they paid for it

What they didn't tell you is they put in 3 times more money than they sold it for.

[New England]

depends on the boat but you are right on the whole

the average dude who goes out and buys a four winns for the lake isnt making an invenstment


owning a boat costs you money. lots of money


there are a few boats that really dont lose value.
hinkley (boatmaker in maine) boats reguarly dont lose a boatload of value if they are properly kept and maintained

they do however cost a boatload to maintain (dock and storage, paint the bottom once a year, maintenance, etc)


and then you've got fuel if you have a power boat


we're talking 25-50 gallons an hour if you have a sportfisher (your standard looking, roughly 50 foot, 15 plus feet wide, long bow and open stern. you know the style if you know boats)


so yes, in short, a boat is generally no investment. unless you are a fisherman perhaps.

unless you're making money off of it its not an investment


buying a bunch of gold when its value is low and then selling it fifteen years later when the price is higher is an investment



i think he mixed up the terms investment and asset

[Vasyl’s dad]

depends on the boat but you are right on the whole

the average dude who goes out and buys a four winns for the lake isnt making an invenstment


owning a boat costs you money. lots of money


there are a few boats that really dont lose value.
hinkley (boatmaker in maine) boats reguarly dont lose a boatload of value if they are properly kept and maintained

they do however cost a boatload to maintain (dock and storage, paint the bottom once a year, maintenance, etc)


and then you've got fuel if you have a power boat


we're talking 25-50 gallons an hour if you have a sportfisher (your standard looking, roughly 50 foot, 15 plus feet wide, long bow and open stern. you know the style if you know boats)


so yes, in short, a boat is generally no investment. unless you are a fisherman perhaps.

unless you're making money off of it its not an investment


buying a bunch of gold when its value is low and then selling it fifteen years later when the price is higher is an investment



i think he mixed up the terms investment and asset

You're giving him too much credit. He doesn't even know what an asset it.

[!! Shawn]

[squealpiggy]

You're giving him too much credit. He doesn't even know what an asset it.

He doesn't know his asset from his elbow!

[!! Shawn]

He doesn't know his asset from his elbow!

Almost clever.

[RL_GMA]

No photoshop lol