Originally posted by reedickyaluss
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Someone explain to Horus, a boat is not an investment.
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For the record i've made about £200,000 profit from houses in the last 8 years, presently £150,000 is sat in the bank waiting for the market to bottom out before i start again. not bad from a £40,000 starting investment if i do say so myself.
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Originally posted by hammerhiem View PostFor the record i've made about £200,000 profit from houses in the last 8 years, presently £150,000 is sat in the bank waiting for the market to bottom out before i start again. not bad from a £40,000 starting investment if i do say so myself.
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Originally posted by Horus View PostYou dont think a Yacht is a good commodity?
A investment to me is something that you can make money off of in the future.
If I buy a house for $150,000
If I work on and improve that House I can sell it for $400,000
If I buy a Yacht for 5 Million Dollars...I can work on and improve that boat and sell it for 7 million dollars.
If I brought a Yacht and it had 1 bathroom and 1 bedroomwhen i brought it., and while I had the yacht I add 3 bathrooms and 2 bedrooms.
you dont think it is worth more now, then when i first brought it??
A boat is a good investment and a great commodity
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Originally posted by reedickyaluss View Postim still laughin my ass off how horus is adding 2 bedrooms and a bathroom to a yacht...
LOL i cant even fathom that thinking.
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Originally posted by reedickyaluss View PostLOL now you can just add bedrooms and bathrooms to yachts
hey HORUS... if you buy a 5million dollar yacht.. chances are... its not a fixer upper
The point is this.
If I brought the boat for 5 million and sell it for 7 million was that not a good investment for me to buy that boat.?
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Originally posted by Horus View PostWithout getting into a flame war with you.
The point is this.
If I brought the boat for 5 million and sell it for 7 million was that not a good investment for me to buy that boat.?
just like im not buying a new dodge ram for 40 grand and selling it for 60 grand.
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