
10-04-2008
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Last Grumpy Old Sailor
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Join Date: Jun 2007
Location: S.E. Michigan, USA
Posts: 2,592
Rep Power: 6
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Quote:
Originally Posted by midlifesailor
... in light of recent events, I'm concerned about how it will affect our other financial goals.
Had this melt down occured before I'd bought, I would not have bought the boat. I alternate days thinking its a good thing I did buy and wishing I had that money in savings.
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That's precisely where I'm at.
Our boat's an older boat, has had a bunch of stuff moved around topsides due to upgrades, and has a couple of other issues that would make her a hard sell. So if things turn really sour, it has occured to me we might have to end-up donating her just to get out from under the maintenence costs. That would really hurt, and not just financially  .
I do not regret the purchase, but I wouldn't have done it had it been this year, rather than last.
Jim
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s/v Abracadabra
1976 Pearson P30
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