Thursday, October 15, 2009

Buy a Bigger Boat Number 7

If you thought the boat you want is big enough, you may be wrong. That’s why we came up with the top 10 reasons to buy a bigger boat. This post looks at number 7.

Reason # 7: The Life Boat
Let’s face it, life happens. You may choose to buy a smaller boat now and think that in a year or two you’ll trade up to a bigger boat (see 8).

Think again. You never know what might transpire in your life over the next few years that could put buying a new boat on the back burner. Car and home repairs, college tuition, a career change or some other unforeseen event might take priority over upgrading to that bigger boat.

The boat you buy now may end up being your "life" boat, the boat you have for a very long time – possibly the rest of your life.
With that in mind, buy the bigger boat now as if it is going to be your boat for life.

Previous posts:
Reason # 10: It’s the economy, stupid.
Reason # 9: Tax Incentives
Reason # 8: Prevent value loss

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