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WeekiTiki
Joined: 12 Jun 2019
Posts: 412
City/Region: Weeki Wachee
State or Province: FL
C-Dory Year: 2003
C-Dory Model: 22 Cruiser
Vessel Name: Just Cruisin'
Photos: WeekiTiki
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 Posted: Thu Jun 04, 2020 6:54 pm Post subject: Re: The rich... |
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| krc wrote: | ... don't generally need to sell assets at fire-sale prices. They usually have enough wealth to hold onto assets and wait until the value recovers. We saw this with housing as the impact as disproportionately on the lower/mid end of market. The wealthy areas did not fall as much because... they had enough money to not have to sale.
We shall see what happens. Predictions of doom and gloom are around all the time - and sometime they can be right. But rarely.... |
Somehow my first job paid less than two dollars an hour and I still managed to retire at 47. What's wrong with you young folks? Living is easy, and fun; enjoy it!
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Weeki Wachee
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tsturm
Joined: 01 Nov 2003
Posts: 1134
City/Region: Soldotna
State or Province: AK
C-Dory Year: 2003
C-Dory Model: 25 Cruiser
Vessel Name: JMR TOO
Photos: JMR-TOO
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| Posted: Thu Jun 04, 2020 6:58 pm Post subject: |
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| MilesandMiles wrote: | | Don't try to wake up boomers. They have no input jack. They live in their own little world and can't stand people pointing out what's happening outside their boomer reality. Don't try to compete with them either. They have all the money (including yours) If they're into something (like cdorys) the prices will stay high. Thankfully they're on their way out, hopefully the last one exiting the world will leave the lights on for us. |
Sounds like some buddy's mommy & daddy didn't beat there little ass enough  |
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WeekiTiki
Joined: 12 Jun 2019
Posts: 412
City/Region: Weeki Wachee
State or Province: FL
C-Dory Year: 2003
C-Dory Model: 22 Cruiser
Vessel Name: Just Cruisin'
Photos: WeekiTiki
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| Posted: Thu Jun 04, 2020 7:01 pm Post subject: |
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OMG, Lovely!
I had girls
And they both kick ass  |
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BillE
Joined: 09 Jun 2016
Posts: 283
City/Region: Nashville
State or Province: TN
C-Dory Year: 2004
C-Dory Model: 25 Cruiser
Vessel Name: TBD
Photos: BillE
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hardee
Joined: 30 Oct 2006
Posts: 12633
City/Region: Sequim
State or Province: WA
C-Dory Year: 2005
C-Dory Model: 22 Cruiser
Vessel Name: Sleepy-C
Photos: SleepyC
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| Posted: Fri Jun 05, 2020 2:23 am Post subject: |
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Sounds like my 15 year not so old CD 22 Cruiser priced at 43,500 is under priced then, but if I let it go for that Someone would be getting a really very good deal.
WHOA There though, SleepyC IS NOT for sale.
Harvey
SleepyC 
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Though in our sleep we are not conscious of our activity or surroundings, we should not, in our wakefulness, be unconscious of our sleep. |
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WeekiTiki
Joined: 12 Jun 2019
Posts: 412
City/Region: Weeki Wachee
State or Province: FL
C-Dory Year: 2003
C-Dory Model: 22 Cruiser
Vessel Name: Just Cruisin'
Photos: WeekiTiki
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| Posted: Fri Jun 05, 2020 7:22 am Post subject: |
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Not the first time I've heard this same sentiment in regards to "Boomers"
from a thirty something
Girl I know spews the same ideals
What they don't realize is just how high the interest rate was
Remember my first house being over 17%
and first boat was even higher
back in '82  |
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WeekiTiki
Joined: 12 Jun 2019
Posts: 412
City/Region: Weeki Wachee
State or Province: FL
C-Dory Year: 2003
C-Dory Model: 22 Cruiser
Vessel Name: Just Cruisin'
Photos: WeekiTiki
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| Posted: Fri Jun 05, 2020 7:43 am Post subject: |
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Yea, and back in '82 just the interest would have been over a grand a month
it was hard making those payments
Although it's all relevant
Boat would have cost 20% of what it does now
And work would have paid 20% of what it does now
But that high interest  |
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Nancy and Bud
Joined: 02 Aug 2019
Posts: 305
City/Region: Nashville
State or Province: IL
C-Dory Year: 2005
C-Dory Model: 22 Cruiser
Vessel Name: Emma Mae
Photos: Emma Mae
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| Posted: Fri Jun 05, 2020 8:56 am Post subject: |
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| hardee wrote: | Sounds like my 15 year not so old CD 22 Cruiser priced at 43,500 is under priced then, but if I let it go for that Someone would be getting a really very good deal.
WHOA There though, SleepyC IS NOT for sale.
Harvey
SleepyC
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The value of any C-Dory IMO is in relation to how well it is equipped.
Some are basically bare bones with limited equipment while other are fully tricked out and need nothing but gas and you are good to go.
We expect delivery of Alexa Jane today. It is at the low end equipment wise. GPS, power steering, home made camper back. But is has a brand new trailer which is a bonus as well as an Honda engine that has been recently been serviced to the tune of $2,000.
No anchor winch, autopilot, trim tabs.
We considered Alexa Jane, a 2005 model, a bargain to $26,900. The survey done in January valued her at $37,000.
The boat listing that started this discussion seems to be attractively priced.
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"C-dory's are the 13th step in a 12 step program for sailors."Marc Grove, Wefings Marine |
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Marco Flamingo
Joined: 09 Jul 2015
Posts: 1155
City/Region: Seattle
State or Province: WA
C-Dory Year: 2004
C-Dory Model: 16 Cruiser
Vessel Name: Limpet
Photos: Limpet
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| Posted: Fri Jun 05, 2020 10:26 am Post subject: |
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Some of you beat me on retirement age, but it would be hard to beat me on the lowest starting hourly wage. I worked for the family business, the last bastion of indentured servitude.
I hadn't heard the whine about boomers having everything and leaving only pimples for the younger generation(s). I can't complain now, but thinking about my "financial history," it was anything but an easy climb to prosperity. I remember three times when I made an interstate employment and residence change with only what I could fit in the trunk. Twice in my 20's and once in my 30's. So I'm not very sympathetic to somebody lamenting the repossession of their giant TV (which wouldn't even have fit in my trunk).
Disclaimer: I have no idea what this thread is all about. |
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BillE
Joined: 09 Jun 2016
Posts: 283
City/Region: Nashville
State or Province: TN
C-Dory Year: 2004
C-Dory Model: 25 Cruiser
Vessel Name: TBD
Photos: BillE
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| Posted: Fri Jun 05, 2020 1:14 pm Post subject: |
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I can beat that, Marco! When I started my business I worked very hard, for no pay at all. Then, after a few years of solid growth, we hit the Great Recession, where I worked even harder while losing money every day that I was open.
Working for negative income makes minimum wage look very attractive! |
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Fairbro
Joined: 02 Nov 2003
Posts: 313
City/Region: Prescott
State or Province: WI
C-Dory Year: 2001
C-Dory Model: 22 Cruiser
Vessel Name: Minnie Swann
Photos: Minnie Swann
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| Posted: Fri Jun 05, 2020 1:29 pm Post subject: |
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| MilesandMiles wrote: | | Don't try to wake up boomers. They have no input jack. They live in their own little world and can't stand people pointing out what's happening outside their boomer reality. Don't try to compete with them either. They have all the money (including yours) If they're into something (like cdorys) the prices will stay high. Thankfully they're on their way out, hopefully the last one exiting the world will leave the lights on for us. |
Now. You’ve gone and pissed me off junior, and that’s hard to do. Relax, Get your allowance and go to your favorite Jamba Juice hangout and have an$8.00 cup of Kool Aid. Lol!
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Gary & Gerrie former Minnie Swann owners
It's something in the water! |
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smckean (Tosca)
Joined: 18 Jan 2014
Posts: 975
City/Region: Guemes Island (Anacortes)
State or Province: WA
C-Dory Year: 2005
C-Dory Model: 25 Cruiser
Vessel Name: Tosca
Photos: Tosca
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| Posted: Fri Jun 05, 2020 1:50 pm Post subject: |
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| Quote: | | .......but it would be hard to beat me on the lowest starting hourly wage. I worked for the family business, the last bastion of indentured servitude. |
I'll take on that challenge!
My family operated a small manufacturing business (leather goods). As kids my brother and I had to spend hours and hours in what the family called "the shop". Starting at about age 10, my dad insisted that we kids work throughout all of summer school vacation. He did allow each of us to work every other day (but if I remember right that was mostly because if my brother and I were at the shop together, we would get into mischief). So as a grade schooler, I put in 8 to 10 hours days every other day all summer long.
Well, maybe when I was 12 or so, we complained that none of our friends had to give up their summers like this, so my dad decided that he would pay us at the rate of $0.50 per hour (in about 1957). Can you beat that? Even if you do, how about this....we diligently filled out time cards all summer; but when the summer was over, my dad simply never paid us. Here I am at 75 years old, and I still find it hard to forgive my father for this....not for the working, but for reneging on the paying of our "salary".
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Sandy McKean
Purchased Tosca in 2014
Re-powered to Yammi 200 in 2015 |
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thataway
Joined: 02 Nov 2003
Posts: 20814
City/Region: Pensacola
State or Province: FL
C-Dory Year: 2007
C-Dory Model: 25 Cruiser
Vessel Name: thataway
Photos: Thataway
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| Posted: Fri Jun 05, 2020 3:36 pm Post subject: |
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I was maintenance man at a Girl Scout camp Age 16 thr 20. $100 a month including a tent with a cot t sleep in (I had to bring my own sleeping bag), Up at 5AM to start the diesel generator, and stoke the fires to have hot water in the kitchen. Official duties were over at about 7 PM, after I had sterilized all of the dishes for 200 campers. However most nights I then drove out to check the girls who were on "camp outs)--sometimes running a 5 mile trail to where they were camped. Then there was the occasional poacher who happened to come into the camp area, and had to dealt with. I was lucky to go to bed by 11. So I figured I worked 126 hours a week x 4 = $504 a month. That was about 20 cents a hour. Most of the day was manual labor; splitting wood, hauling garbage, cleaning septic systems, sterilizing the dishes. Occasionally I got to life guard on lake trips or teach canoeing/rowing. The best job I ever had!! (1953 thru 56) era.
During my internship most of the year was 36 hours on and 12 hours off. It turns out that this was almost exactly the time I worked in the Girl Scout camp but I was only paid $50 a month: 10 cents an hour. That was 1961-62.
Both of the counted toward Social Security quarters.
_________________
Bob Austin
Thataway
Thataway (Ex Seaweed) 2007 25 C Dory May 2018 to Oct. 2021
Thisaway 2006 22' CDory November 2011 to May 2018
Caracal 18 140 Suzuki 2007 to present
Thataway TomCat 255 150 Suzukis June 2006 thru August 2011
C Pelican; 1992, 22 Cruiser, 2002 thru 2006
Frequent Sea; 2003 C D 25, 2007 thru 2009
KA6PKB
Home port: Pensacola FL |
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oldguy83
Joined: 22 Mar 2013
Posts: 44
City/Region: minnesota
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| Posted: Fri Jun 05, 2020 4:36 pm Post subject: |
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| In 1982-3 the prime rate was 21% US savings bonds were paying 16 % . |
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BillE
Joined: 09 Jun 2016
Posts: 283
City/Region: Nashville
State or Province: TN
C-Dory Year: 2004
C-Dory Model: 25 Cruiser
Vessel Name: TBD
Photos: BillE
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| Posted: Fri Jun 05, 2020 5:34 pm Post subject: |
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I was maintenance man at a Girl Scout camp Age 16 thr 20---"
Bob when you write your autobiography---which you should do---that job should get at least a chapter! |
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