Inherited Grand Sturdy 430AC - help!

[MapisM]

Naah, you can think and predict what you please, but you can't say that you're sure of anything, in this field.
Fwiw, I went long on GBP last summer, when 100 euros could buy 90 quids.
And I recently sold them, as soon as the exchange rate touched 0.83.
With one difference: this time I wouldn't go long again on GBP even if the rate would return to .90, which I expect will happen rather quickly.
Maybe at .92, but I haven't made up my mind yet.
That said, was I sure of what I did, "as night follows day"? 'Course not, I was just gambling.
Remember, you can predict anything but the future.

With apologies to the op for the o/t.

 

[Deleted User YDKXO]

Naah, you can think and predict what you please, but you can't say that you're sure of anything, in this field.
Fwiw, I went long on GBP last summer, when 100 euros could buy 90 quids.
And I recently sold them, as soon as the exchange rate touched 0.83.
With one difference: this time I wouldn't go long again on GBP even if the rate would return to .90, which I expect will happen rather quickly.
Maybe at .92, but I haven't made up my mind yet.
That said, was I sure of what I did, "as night follows day"? 'Course not, I was just gambling.
Remember, you can predict anything but the future.

With apologies to the op for the o/t.

Ho, ho, if you or I could predict exchange rates, we wouldn't be messing around on this forum. We'd be sunning ourselves in the Carib on our megayacht surrounded by girls, drinking rum and smoking dope! Of course nobody can predict the future but I listen carefully to the politicians and wise men of the Eurozone. I hear plenty about cutting budgets and making S European countries behave like Germans but I hear absolutely zero about how S European are going to generate the economic growth to pay off their debt and close their productivity gap with their N European neighbours, which is the core of the problem
But to show you that my money is where my mouth is, I propose a bet. If Italy is still in the same Eurozone as Germany in 5 yrs time, I will pay you €100. If Italy is not in this Eurozone in 5yrs, you pay me £100. Deal?

 

[MapisM]

Ho, ho, if you or I could predict exchange rates, we wouldn't be messing around on this forum.

My point exactly.

But to show you that my money is where my mouth is, I propose a bet. If Italy is still in the same Eurozone as Germany in 5 yrs time, I will pay you €100. If Italy is not in this Eurozone in 5yrs, you pay me £100. Deal?

Nope, sorry. When I said that I was gambling I didn't really mean it.
I am comfortable in putting also much more than that (even if not enough to buy a megayacht and its surroundings) on something where I can make some evaluations and educated guesses.
But I don't like sheer gambling, which is what would be a bet on what will happen in 5 years.

The only things I can notice are:
1) the "2-3 yrs time" (for which I already argued that you would have probably said "months" not long ago) now already became 5 years, in a matter of minutes;
2) you don't really seem to trust your own forecast a lot, considering that you're not even offering an even-money bet... Or should I understand that you're even more pessimistic than myself on the GBP future?

 

[Erik C]

These people are still selling used yachts.

http://www.elburgyachting.nl/ElburgYachtingEN.html

 

[Deleted User YDKXO]

2) you don't really seem to trust your own forecast a lot, considering that you're not even offering an even-money bet... Or should I understand that you're even more pessimistic than myself on the GBP future?

Ah but if you're right, the Euro is going to be worth a whole lot more than the Pound in the future

 

[Sanika]

Thanks all for your valuable input and thoughts. I'll definitely make some calls and try to clarify this request for de-registration prior to selling. It seems that you all agree that is is rather odd.
As for the trade-in vs regular sale I'm willing to hear the broker out but I think I'll reiterate that we don't really wish to own another boat (in fact any boat but better our father's than any other one) and that we would rather take our chances in this market for a year or two- I am concerned that it will turn out to be like Russian Matrioskas; a never-ending story. Perhaps, in a while, should nothing "bite" we will reconsider and go for a trade-in or lower the price considerably. But for now, I do want to give him the benefit of the doubt and hear him out at least.
But for sure, Linssen won't be eager to lower prices of their own boats too much in their own yard - understandably so - and that's not so bad for us.
As for the market not getting any better - well, as far as I can tell, it'll at least take a decade and we certainly don't have that long!