Forums > Sailing General

A Car Space in the CBD or this for the same price

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Created by Bundeenabuoy > 9 months ago, 2 Aug 2019
cisco
QLD, 12364 posts
2 Aug 2019 11:44PM
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I am not for either at $149K unless the car park space returns 20% nett return per annum.

So my calculator says that someone would need to be paying me $576 per week to park his or her car there.

The yacht will most likely be a 20% loss per annum and my calculator says that it would cost me $576 per week to own.

My first investing rule is never to make a financial decision before my calculator has the opportunity to show me what an idiot I am.

That is my left brain which constantly has to bull whip right brain into the reality of life.

Bundeenabuoy
NSW, 1239 posts
3 Aug 2019 7:02AM
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cisco said..
I am not for either at $149K unless the car park space returns 20% nett return per annum.

So my calculator says that someone would need to be paying me $576 per week to park his or her car there.

The yacht will most likely be a 20% loss per annum and my calculator says that it would cost me $576 per week to own.

My first investing rule is never to make a financial decision before my calculator has the opportunity to show me what an idiot I am.

That is my left brain which constantly has to bull whip right brain into the reality of life.





Hi Cisco,
I just had my first smile of the morning.
Thanks mate.

I am looking at the Cord 32 today.

This Catalina is probably selling for what it cost new back in 2001.
yachthub.com/list/yachts-for-sale/used/sail-monohulls/catalina-36-mk-ii/235996

Worth a look.

Ramona
NSW, 7740 posts
3 Aug 2019 8:21AM
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Robert Perry design so it would be good. But there is a very large bill looming for that deck and some of that varnish work below is never going to come back. But that is a lovely interior. I think you should always buy a boat with your heart and never consider the business or financial aspects. As long as you can afford it of course. Think of it as a mistress.

Lazzz
NSW, 910 posts
3 Aug 2019 9:13AM
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Ramona said..
I think you should always buy a boat with your heart and never consider the business or financial aspects. As long as you can afford it of course. Think of it as a mistress.


So true!!

Andrew68
VIC, 433 posts
3 Aug 2019 12:31PM
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I used to drool over Windspirit. It must have been a high end boat in its heyday.

There looks like quite bit of water is getting into the interior, which will be a pain in neck to remove the cladding to re-do the fittings.

A

troubadour
NSW, 334 posts
3 Aug 2019 1:01PM
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The boat. Life is too short to be sensible.
Good luck with Hot Stuff today.



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"A Car Space in the CBD or this for the same price" started by Bundeenabuoy