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

Created by Bundeenabuoy Bundeenabuoy  > 9 months ago, 2 Aug 2019
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cisco
cisco

QLD

12364 posts

2 Aug 2019 11:44pm
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
Bundeenabuoy

NSW

1239 posts

3 Aug 2019 7:02am
Select to expand quote
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
Ramona

NSW

7737 posts

3 Aug 2019 8:21am
Select to expand quote


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
Lazzz

NSW

910 posts

3 Aug 2019 9:13am
Select to expand quote
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
Andrew68

VIC

433 posts

3 Aug 2019 12:31pm
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
troubadour

NSW

334 posts

3 Aug 2019 1:01pm
The boat. Life is too short to be sensible.
Good luck with Hot Stuff today.
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