Re: The High Cost of Cruising
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Re: The High Cost of Cruising         


Author: Stephen Trapani
Date: Jun 23, 2008 20:56

Tim Shavinsky wrote:
> Cruising is driving me to the poor house.
>
> I typically put on 250 hours a years at 4 gph which puts fuel at about
> $6,000.
>
> The dockspace is costing me $5,000 a year.
>
> Maintenance, insurance is $3,000 a year.
>
> Depreciation of the trawler is $8,000 a year.
>
> Opportunity cost(@ 5%%) is $10,000 a year.
>
> The thing is costing me $32,000 a year!
>
> If I just took the money I paid for it and invested I could getting
> checks for $10,000 a year rather than being 30K+ in the hole each
> year. In 3 years I could have 30K in cash by foregoing the boat or be
> 100K in the hole. ...
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Re: The High Cost of Cruising         


Author: Capt. JG
Date: Jun 23, 2008 21:42

"Stephen Trapani" nowhere.net> wrote in message
news:jlS7k.13$nh1.3@newsfe02.lga...
> Tim Shavinsky wrote:
>> Cruising is driving me to the poor house.
>>
>> I typically put on 250 hours a years at 4 gph which puts fuel at about
>> $6,000.
>>
>> The dockspace is costing me $5,000 a year.
>>
>> Maintenance, insurance is $3,000 a year.
>>
>> Depreciation of the trawler is $8,000 a year.
>>
>> Opportunity cost(@ 5%%) is $10,000 a year.
>>
>> The thing is costing me $32,000 a year!
>>
>> If I just took the money I paid for it and invested I could getting
>> checks for $10,000 a year rather than being 30K+ in the hole each ...
Show full article (1.95Kb)
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