Thread: Boat financing
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Old 01-25-2010, 03:48 PM
  #7  
Nicmegmatt
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Originally Posted by KismetLRC View Post
Borrowing money for a boat is a bad financial move....
It's one thing to buy a depreciating "asset" for your personal enjoyment, it's quite another to "borrow" money to buy a depreciating asset....

Obviously, it's "done" all the time.....it's just not financially prudent.
Thanks for the reply and you are correct, unless you are earning more on your money.
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