Boat value and Risk. (Just my opinion)
All boats have some risk and some value.
When owning boats (sail or power) I learned an important lesson for internal happiness. Get a good quality ledger book for costs, just don't quite let the pencil actually touch the paper.
It seems people who monitor actual costs start looking at their pride as an investment And not a source of learning, challenge, and happiness. Some people are happy just sailing, others are happy working with their hands. And some like both. If you like working with your hands, get the project and be happy. When it stops being fun and rewarding, get rid of it.
If you want a boat you can just sail now, get one that sails now. If you want a project to work on, get a project. You can always part it out and sell the keel for scrap when the price of metal goes back up in a few years. If you want something to become proud of, get a project and actually complete it! Most people never finish projects. I recommend do it in stages. Get the boat repaired enough as quickly as possible to be safe in the water even if it looks bad. Put it in the water in an early stage and trial it. Perhaps then back on a stand and do more work and repeat. Enjoy the work, the figuring out how to do this and that. Embrace this experience in life that will never come again. Note of caution, don't expect others to understand. And don't expect to get it sailing in a month. Consider working on it then sail it while working on it in steps. Knowing that you can sell it later and have knowledge and memories that are valuable... Don't worry about taking less than the money you have in it. The experience is surely worth the money paid.
this quote: "And then there is the most dangerous risk of all -- the risk of spending your life not doing what you want on the bet you can buy yourself the freedom to do it later." Randy Komisar
Don't wait, get a boat and get busy, well, unless you want to stay at work, earn lots of money, then your next of kin will waste it after your dead.... Just my opinion, thats all on a stormy rainy day...
All boats have some risk and some value.
When owning boats (sail or power) I learned an important lesson for internal happiness. Get a good quality ledger book for costs, just don't quite let the pencil actually touch the paper.
It seems people who monitor actual costs start looking at their pride as an investment And not a source of learning, challenge, and happiness. Some people are happy just sailing, others are happy working with their hands. And some like both. If you like working with your hands, get the project and be happy. When it stops being fun and rewarding, get rid of it.
If you want a boat you can just sail now, get one that sails now. If you want a project to work on, get a project. You can always part it out and sell the keel for scrap when the price of metal goes back up in a few years. If you want something to become proud of, get a project and actually complete it! Most people never finish projects. I recommend do it in stages. Get the boat repaired enough as quickly as possible to be safe in the water even if it looks bad. Put it in the water in an early stage and trial it. Perhaps then back on a stand and do more work and repeat. Enjoy the work, the figuring out how to do this and that. Embrace this experience in life that will never come again. Note of caution, don't expect others to understand. And don't expect to get it sailing in a month. Consider working on it then sail it while working on it in steps. Knowing that you can sell it later and have knowledge and memories that are valuable... Don't worry about taking less than the money you have in it. The experience is surely worth the money paid.
this quote: "And then there is the most dangerous risk of all -- the risk of spending your life not doing what you want on the bet you can buy yourself the freedom to do it later." Randy Komisar
Don't wait, get a boat and get busy, well, unless you want to stay at work, earn lots of money, then your next of kin will waste it after your dead.... Just my opinion, thats all on a stormy rainy day...
