Bouba
Well-Known Member
Boaty you say….yesterday while installing the new tv
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Is boating in a death spiral?
- Thread starter Otter
- Start date
newtothis
Well-Known Member
Well it appears sales of 30m - 40m boats are down this year...
‘It’s brutal, they feel very attacked’: budget uncertainty hits Southampton boat show
‘It’s brutal, they feel very attacked’: budget uncertainty hits Southampton boat show
RunAgroundHard
Well-Known Member
Interesting. Alternatively, after death, inheritance tax is paid, these older children receive a large lump sum from their parents high value estates and they go out and buy a yacht.
Bouba
Well-Known Member
Whenever I read an English newspaper.....the main subject is always about what new tax the Chancellor is thinking up next. I would imagine that anyone with disposable income is carefully watching events rather than rushing out to buy
newtothis
Well-Known Member
Or alternatively, rushing out to buy before it gets taxed.
Laser310
Well-Known Member
It's not only taxes...
it's asset markets too.; am i going to lose 10% of my net worth on a single day?
and what happens the next day?
everything seems a bit less stable now.
RunAgroundHard
Well-Known Member
If you can’t afford a new boat now, and you are worth 10% less, then it doesn’t matter. Thankfully, there is an answer, buy one of the very low cost 25 to 35 footers that are on the market. Sailing has never been so affordable. Heck, drawdown some of that juicy equity in your houses and buy that new boat, plus sticking it up to the exchequer. A win, win.
Bouba
Well-Known Member
In some cases in France it is illegal to spend your children’s inheritance…..buy a boat before they think of that in Britain
Fr J Hackett
Well-Known Member
As usual bollocks.
Blueboatman
Well-Known Member
Founder of Body Shop in the uk famously gave her children but a paltry financial inheritance on her death .
I still like late footballer George Bests attitude to living
I still like late footballer George Bests attitude to living
Poignard
Well-Known Member
I joined a sailing club in 1997 that waived membership subs for any member reaching the age of 80.
There are now so many octeganarian members that the policy is no longer economically sustainable, and has been withdrawn.
There are now so many octeganarian members that the policy is no longer economically sustainable, and has been withdrawn.
Frogmogman
Well-Known Member
There was a Spirit 46 for sale in Turkey a few years ago that I was sorely tempted by. It had started out called SKI IV (an acronym for Spending the Kids Inheritance 4)
Thankfully I resisted, but I always thought it a great name for a boat.
Poignard
Well-Known Member
I once saw a motorboat in the Solent called "Thanks Mum", and I used to berth near a yacht called "Gratuity". The latter owned, I think, by an ex-WRNS officer with a sense of humour.
Bouba
Well-Known Member
Yes, that’s good advice.....in fact gamble and drink the kids inheritance....and rather than leave them money you harvest their organs instead
newtothis
Well-Known Member
Not a yacht, but where I grew up there was a woman who drove around in a convertible Mercedes with a personalised number plate: WAS HIS.
Blueboatman
Well-Known Member
RecyclingYes, that’s good advice.....in fact gamble and drink the kids inheritance....and rather than leave them money you harvest their organs instead
One owner, previously used organ for sale. Reasonable condition for the year
Bouba
Well-Known Member
And what offspring wouldn’t give a kidney and sliver of liver to their old man
Aardee
Well-Known Member
The owner of Thanks Mum certainly used to be very active on the Motor Boat Forum
Blueboatman
Well-Known Member
I was thinking of the reverse
What offspring wouldn’t flog the recently deceased parents organs when they get a sneak preview of the Will?
“ Spent the lot, sort yourself out, good luck son”
Bouba
Well-Known Member
It’s my only regret