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RE: T&T: RE: Boats, investment or not?

From: Glenn Williams (no email)
Date: Mon Sep 27 2004 - 04:05:30 EDT

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    This is a great list. I have been a participant for only three or four
    years, but in that time I have received some wonderful advice and invaluable
    information, but most of all I have connected with some truly kindred
    spirits.
    I have always had a love affair with boats. I built my first, an 8ft. scow
    from Popular Mechanics "23 boats you can build" when I was 10 years old. I
    still have the book 51 years later (and a few more besides!!).
    Since then I have built or converted or bought several others, on each
    occasion financing the next one from the one I had just completed.
    So I guess you could say that, like so many of us, I have spent most of my
    life investing in boats and that investment has paid enormous dividends in
    pleasure, adventure, experience and friendship.
    What's amazing though, is that because I've been lucky enough to break even
    on resale in most cases (not including man hours, fuel and general
    maintenance of course) I can think of no other endeavor which could have
    rewarded me with so very much for so few dollars?

    IMHO there are two kinds of people who have boats: boat owners and what I
    call boat hobbyists. From my experience the majority of listees fall into
    the latter category, which is what makes T&T great.
    I agree with all those who suggest that owning a boat is an investment in
    fun and fulfillment and I'm sure that there are many who seldom leave the
    dock and have much of both.
    But one thing of which I'm really certain is that for me boat ownership is
    an investment in my own well being. And that's worth a heck of a lot.

    Cheers
    Glenn Williams
    "Stirling" Universal 41
    Port Phillip, Australia.
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