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Brew

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Everything posted by Brew

  1. Are you still looking in the 25-28 foot range for offshore use or did you go up in size? What budget are you trying to operate within? We’re probably 6-8 months off from B becoming a reality if even then, but that also depends on budget/size. Some of the ranges are in much higher demand than others. The new cats plus the new 40+ footers that have come out have made the mid to upper 30’s boats a little more interesting and available lately. The cat demand is stupid right now.
  2. I’ve only dealt with smaller dealers that sell a minimum number of brands, never the large corporate dealers. They also have good service departments. The main one I’ve used over the last 5-10 years hasn’t been an MC dealer in quite a while, but they keep their mechanics certified on Indmar engines and have been able to handle all issues I’ve had. The same goes for the place that services the pontoon and jet skis. They are also Mercury certified and will be able to handle anything that comes up with the bay boat when I get it. I don’t buy new, so I look for good local service guys over a good dealership to be clear and then buy what they can work on.
  3. I can honestly say I’ve never seen a Chris Craft on the water that I know of. At home the lakes and rivers are dominated by Cobalts in the I/O market as well as older varieties of the different manufacturers for people that are just trying to get on the water. Wake boats and high dollar pontoons own my market followed by high dollar fishing setups. At the beach, it’s all over the board but again where my place is at in SWFL it is dominated by bay boats, offshore center consoles, and DC’s. You aren’t running to blue water or cruising a lot, so it is a lot more fishing setups rather than cruising setups.
  4. Boats are worse than automobiles when it comes to people’s opinions. That is further complicated by the drastic differences in sizes, types, location and availability, etc. Close to the top of anyone’s list needs to be a reputable dealer for the brand or qualified repair shop within a driving distance you are comfortable with. It’s a boat, shit breaks and fairly regularly at that. When I first got into wakeboarding seriously, I wanted a Sanger V210. I don’t even remember why at this point, but it was at the top of my list. At that point they were strictly a west coast brand, so after a lot of back and forth on it I just bought a Mastercraft. I didn’t really want one because I didn’t like the people that I knew that had them, but there are two solid dealerships within my area and every time one comes up it sells quickly. I’ve stuck with that for 20 years now and have only sold one boat for less than I paid for it and that was a Nautique I bought fairly new that still had depreciation to give. The wakeboat market is different and pricing has expanded quicker than every other boat market, so that has helped used values significantly . However, you will not get hung if you buy something that is popular in your area with a respectable dealer network.
  5. You’re playing in a completely different market than a 21 foot runabout. There aren’t many exceptional brands in that market any more, because the new market just isn’t there. It’s pretty well topped out by Cobalt (which is the brand to buy for name recognition/resale only) with Crownline, Monterrey, Regal, Chapparal, and a few others still selling boats as well. Jet boats, bay boats, 65 mph pontoons, wake boats, etc have turned a lot of those brands into cheap alternatives/entry level boats although for someone that just wants to ride up and down the lake it’s hard to beat a Cobalt but you will pay for it. Switch over to fish/ski models and you become even more limited at this point because bay boats and DC’s have replaced the use. In the market you are playing in nothing will compare to the big boat manufacturers. A company making a range from 19 foot to 40 foot isn’t going to do a big boat as well as one that focuses on that size range.
  6. Jumped back in the dips yesterday, looks like that was not so great a decision.
  7. Nice big kick in the nuts on the open with AMYZF and FPVD, bought some more AMYZF at $1.66.
  8. F it, bought some more FPVD on the bounce, cashed out a stack at .10 yesterday so may as well get back in. Wish I would have done the same thing on my TRCH holdings, but I may buy some more this morning. It has done well for me. Most of my account is doing karaoke to Free Fallin at the moment which means time to throw some more money in.
  9. I would still take a look at a DC just to compare. To be honest, most people have switched over to 20-22 foot bay boats for the use you are looking for. Everything I see now is bay boat, tow boat, or pontoon at the lake. I’m not sure how many traditional fish and ski boats are still made outside of Tahoe’s and the more “walleye” style boats that several moved over to. If you have a Robalo or Key West dealer local, you could look at a 20-22 foot DC and bay boat side by side and see if either model interests you. I’m not recommending either brand, it would just be an easy way to look. Past that, if you’re going with a traditional 20-21 foot fish and ski, just find what you like. Pricing will not be outrageous and someone down the road will buy it. A pontoon will also serve all those requests just for the record. They aren’t popular on here, but they work well as a multi use boat.
  10. Do you ever go to the coast? Rather than buy a Tahoe/Ranger/etc fish and ski, you could look at a dual console boat that would hold it’s value better but it also will be higher on the front end. They will have a higher freeboard than a traditional lake fish/ski, but are more versatile. You should be able to find them at all price points so I would look at brands that are popular locally. They will all be outboards and at that size you will have minimal systems to work on.
  11. On the hose bib discussion, I grabbed a stack of the stick on heat pads (like hand warmers but you stick them to your shirt or some other material) from Academy and have been rotating them every 12 hours under the styrofoam covers. They were all frozen when I checked them before I got them, all have been perfect since. If you can find any, they have been great. One is leaking but other than that they are good. I did forget we still have a well servicing an outdoor area after we moved to city water, so we'll see what happens with it when we thaw out this weekend.
  12. A fish and ski will fish fine (lake/river), ski fine, tube fine, wakeboard okay, etc. you just can’t surf. I started out with a late 80’s 19 foot Ebtide Campione and it did everything we needed well. This was before the surf craze started and really in the early days of wakeboarding taking off. They made a fish and ski model on the same hull that just had a center mount front seat and trolling motor. It worked well for lake/river use until I stepped up to a wakeboard boat because we were more focused on that by the late 90’s. If you aren’t a hardcore anything, a multi-use model works fine. Hell, plenty of people use pontoons for all of the above uses.
  13. Also, if buying new then dealing with a reputable dealer is over half the battle. Buy from a dealer that comes recommended and any issues should be minor. Don’t go chasing a few dollars buying from half way across the country. Local is an advantage.
  14. “Boats” is a very generic term just for the record, so you can’t really apply a rule of thumb to any general discussion on them. Depreciation, discounts off MSRP, problems l, etc. are all pretty specific to the type boat you are looking at and then further impacted by brand, size, etc. at that point. It is then further impacted by the region you live in and what’s popular, what the dealer network is, etc. I live in Cobalt/Mastercraft country. If you want to resell your boat at a premium, you buy one of the two. It varies everywhere you go. On the topic of the Chapparal, I don’ know anything about them. However, I would be hard pressed to think resale holds up on their 19’s because of pricing. It’s easier to finance it new than used on a $40k boat. I also would not expect any significant issues with a new one. There is a lot of difference between a mass produced 20 footer and a 28+ foot boat.
  15. We were at Cabbage Key around Christmas and the longest boat I have seen come in there rolled in. His balls hung way lower than mine, because there is no way I would have attempted to get back there in it.
  16. You owe tax on what you sell when you sell it, doesn’t matter what you do with the proceeds. If you sell part of what you bought, your gain is based on the cost basis per share.
  17. You owe tax on what you sell when you sell it, doesn’t matter what you do with the proceeds. If you sell part of what you bought, your gain is based on the cost basis per share.
  18. Trch has been on a strong run. Wish I would have upped my position there earlier this week. USMJ bounced hard this morning, lot of the pennies are all over the board. I moved to a free position on all my sub $.10 holdings over the last few days, so we’ll see what they do.
  19. For 25+ years my $30ish hitch has just stuck out the back of my truck. It has never occurred to me that there should be any other place for it to be. It stays there until I trade the truck. More times than not, I have lost the key to the locking pin at that point, so I stop by AutoZone with the new truck, grab one, put it in, and it’s there until I trade again.
  20. Made notes last night on some things to buy this morning with 1M shares of USMJ being at the top of the list. Fidelity wouldn’t trade it and of course it doubled today. Waiting on funding to hit Schwab, so I can make some purchases that Fidelity will not allow.
  21. Taxable income which would be realized gains on sales whether you pulled the money out or not. Once the Roth is funded, you can continue to fund it going forward if your income allows it. If your income is too high, you can make back door conversions assuming no other traditional IRA’s while the government allows it. You may also look into Roth 401k contributions if you have a work retirement plan as it is a way around the Roth rules also.
  22. On the Fidelity discussion, I got blocked this morning on several trades. The message it gave when you looked it up in the help section says Fidelity blocks trades marked with a stop from otcmarkets.com. It looks like that means the companies have not made anything public and trading those securities is prohibited by the SEC. I was trying to get in on USMJ and VPER.
  23. I’ve had pretty good luck in small towns in KY. I’ve typically been able to buy near retail outside of the high end allocated which have generally been more in the $300-$400 range where I have seen them.
  24. Afternoon drop caught me, but sitting at +33% on the day. Up 60% on Dogecoin flips since yesterday.
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