美国华人, 帆船 教授及输送
Join Date: Sep 2006
Thanked 23 Times in 15 Posts
Rep Power: 11
Re: "You make your money buying the boat, not selling it."
I don't know what that means.
A wild guess is that he has lot taxable income, buy a boat is another tax write off. Use the boat as business, all the loss is tax deductible. The net gain is from the income tax he saves.
The beauty of our society. It takes lots money to make lots money. Don't fight it, embrace it.
I am old school. Integrity is to do the right thing even when no one is watching.