Thread: Stolen Boat
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Old 10-04-2018, 04:56 AM   #35
ApS
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Arrow It's Your Money—Be Vigilant...

Quote:
Originally Posted by Descant View Post
Rich people and poor people self-insure.
If a "Millennial", a high percentage have tattoos and are regulars at "recreational pharmaceuticals". They're trying to get the most entertainment out of their dollar, but are spending themselves into the poor farm. We'd have millions-more millionaires if they'd invested in Mutual Funds instead.

(Imagine—it was my union who suggested this!)

Quote:
Originally Posted by Poor Richard View Post
That article.....wow. Melodramatic much? So the captain owns two businesses, works as an aerospace consultant, raising two girls and doesn't understand the importance of insurance?
The reward money alone covers the boat and deductible.
For a year—maybe two? I'd self-insure as well...

Quote:
Originally Posted by Major View Post
Unfortunately, the owner didn't have insurance on the boat. In my opinion, if you can afford to own a Formula 252, you should be able to afford the $400 for insurance. I bet he wishes he spent the money for insurance now.
OTOH, if you're spending "only $120", you might be surprised who you're making rich—and how it's affecting the holidays you and yours have been enjoying.

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Last edited by ApS; 10-04-2018 at 05:02 AM. Reason: Add quote
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