It feels good to not want or need anything right now with these rising costs. I’ve got the boat, truck, camper, tools, fishing stuff, on and on. I am set and could go a long time without buying anything other than food. And if I need money for something, my used stuff is increasing in value by the day and can be sold off quickly.
It’s a good position to be in, but I do feel for those who are not so lucky. Tough times out there when everything is more expensive than it used to be.
Yep timing worked out for me too. Probably would have made 10k selling my boat but no thanks, I’ll keep it and my sanity.
Same. Only thing I’d like to have that I’m not willing to pay the price for now is a fish house and a new quad. But I can live without them just fine.
Glad I’m not in a market for a house the last few years either. Feel for those that are
I’ve got everything I need also. No way I Would pay 10k more for the exact same fish house that I have now that I bought 2 years ago. The crazy thing is that people are still buying these things like crazy.
Yep timing worked out for me too. Probably would have made 10k selling my boat but no thanks, I’ll keep it and my sanity.
Yea that’s the thing, you can sell it and make a lot of money but then you gotta pay out the nose for something new. Better off just to hold onto the stuff and enjoy it
Glad I’m not in a market for a house the last few years either. Feel for those that are
I’m still one of those house hunters. Tried last year from April – September, looked at about 20 houses, liked 5, and offered on 4. Didn’t get any. But my realtor and I both knew going in that it may take more than one house hunting season so I’ll try again this spring.
Luckily it’s not an emergency either. Perfectly fine right now, just looking for better public schools in the future than the one right now.
Yea that’s the thing, you can sell it and make a lot of money but then you gotta pay out the nose for something new. Better off just to hold onto the stuff and enjoy it
Right. I’ve got a 2020 Silverado with 11,500 miles on it, could probably get quite a bit for a slightly used truck right now. But then I wouldn’t have a truck….and I bought it new because I wanted a new truck…so I’ll enjoy it.
I thought I’ve heard the Fed may raise interest rates, and if that’s the case I’m glad to be sitting on a 2.25% mortgage interest rate for the home I hope to die in.
I’ve got everything I need also. No way I Would pay 10k more for the exact same fish house that I have now that I bought 2 years ago. The crazy thing is that people are still buying these things like crazy.
wheelhouse is in plans but in another 8 years or so. unless all the ones sold in the last few years hit the market sooner because they aren’t used enough…..and at a deep cash money discount!
I’ve found it’s easier to increase your financial input rather than hope on lowering markets to maximize purchase power.
I have everything needed, but I want a new wheeler. Obviously no inventory any where so there isn’t a deal to be had. I’m really in no rush to buy unless I see something on the used market at a lower needing to sell price. And that’s like finding a unicorn. And it’s really nice not out spending cash on anything like rods and jigs. I have endless supply of both ice and open water equipment and tackle.
I’ve found it’s easier to increase your financial input rather than hope on lowering markets to maximize purchase power.
I’m finding that buying quality equipment pays off big time. When things don’t break and keep working as intended (for many years) they don’t need to be replaced.
I’m finding that buying quality equipment pays off big time. When things don’t break and keep working as intended (for many years) they don’t need to be replaced.
X2 I have learned but quality items and not going cheap pays off in pretty much everything you buy. I have got into wood working that past few years and have learned it pays to buy quality tools.
^^ I’ve always been a firm believer in “buy nice or buy twice”. We too are sitting in a spot where we do not NEED anything. We got lucky and got in at the right time on vehichles and our boat. Although it is tempting at times to want to sell and make a quick $10k…
Agreed. We would be in the market for a side by side for the new place, but I’m not going to jump into the chaos of chasing one down right now. I’ve made it known locally with many people where they seem to be everywhere. When someone is looking to dump one of the ones they “needed” (aka used to get the mail), we will nab one up for cash.
When someone tells me “You are so lucky” or “It must be nice” I cut them off to remind them luck is not any part of the equation. My wife and I chose careers in viable areas of need. We focus on living life within our means while strategically investing money and spending it where/when we need to cover our wants and needs.
My boat works fine and is in good shape, but we’d love a 18-19′ rig instead of the 17’er I’ve got now with the growing family. It’s all paid for, so we will wait. My truck is 7.5 years old but has less than 100k miles and has no issues, so that too will wait. The tritoon we bought in 2019 could realistically net us $15k in profit if we tried selling it this Spring, maybe more. It’s all paid for and we enjoy it…so no need to shuffle that either.
I don’t think the crazy cost increases are just going to suddenly shut off or recede any time soon though. There may be a few openings in the used markets as people realize they overextended themselves or don’t use things as much as they’d hoped. As far as brand new manufactured items, these increases are likely permanent. Wages aren’t suddenly going to deflate. In my opinion, prices have a long ways to run yet until we hit market equilibrium.
Routine maintenance and cleaning goes a long way into making my items last longer, running properly, and looking like new.
I had 5 people ask me if my 2015 boat was brand new last season.
My of my guns still look quite new as well and I haven’t bought one in 15 years. I recently just took 3 guns into the gunsmith for a full disassembly, cleaning, and lubrication. Last month I took 5 fishing reels in for the same service. Keeping them in good, operating condition is certainly a lot better than having to replace them.
i think luck plays some part in things especially with housing. My brother works for a propane distribution company. Doesnt make a lot of money, maybe 45k a year. Bought a house in 2012 for 75k. that house today would cost over 200k. In todays market he couldnt afford a house but he owns one now simply due to timing. I suppose you could say he could have changed his circumstances by going to school and getting a higher paying job.
Im 39 and graduated college in 2007. I didnt choose to start my career until much later instead opting to travel and focus on other areas of life. Had i graduated in 2008-09 and was looking to launch into a career i may have found it a lot more difficult due to the recession. Timing can play a roll in lifes circumstances….
Right. I’ve got a 2020 Silverado with 11,500 miles on it, could probably get quite a bit for a slightly used truck right now. But then I wouldn’t have a truck….and I bought it new because I wanted a new truck…so I’ll enjoy it.
Yep, I made the mistake of selling my 2018 in Oct. Got 4k less than I bought it for 3 years earlier, but now I just ordered a 2022 and was told it will be 4 to 5 months before I get it. They start building them this month. Its going to be touch and go as to whether I get it in time for our Canada trip.
unfortunately we need a car “Head gasket Going” car has 270K on it, so time to start looking for something used under 14k.
Luck and timing have everything to do with it. Sometimes you win and sometimes you lose. One just needs to learn to be happy with what they have and can hope for something nicer. But that is not a need.
Luck and timing have everything to do with it. Sometimes you win and sometimes you lose. One just needs to learn to be happy with what they have and can hope for something nicer. But that is not a need.
American’s make their own luck. Take all that loser talk back back to Europe.
American’s make their own luck. Take all that loser talk back back to Europe.
In that case count yourself lucky you were born an American. see what i did there
I owned all my stuff one week ago, now I have to buy it back at 1/2 price. 
and it’s worth every penny!
I owned all my stuff one week ago, now I have to buy it back at 1/2 price.
and it’s worth every penny!
LOL. Im glad to see you are able to have some light hearted humor about your situation. that was a good one lol
<div class=”d4p-bbt-quote-title”>Mookie Blaylock wrote:</div>
American’s make their own luck. Take all that loser talk back back to Europe.In that case count yourself lucky you were born an American. see what i did there
Luckiest day of my life
Rodwork wrote:
Luck and timing have everything to do with it. Sometimes you win and sometimes you lose. One just needs to learn to be happy with what they have and can hope for something nicer. But that is not a need.American’s make their own luck. Take all that loser talk back back to Europe.
Mabey I should have phrase it different. Lucky in timing. When I bought my first house I thought the housing market was at the bottom. Nope, it went lower. Got out of it at the perfect time. If I didn’t buy my second house when I did I would not have been able to afford it today. That’s all luck.
I owned all my stuff one week ago, now I have to buy it back at 1/2 price.
and it’s worth every penny!
I hope you only had to pay ½ of what you told her you paid for it in the first place.
I owned all my stuff one week ago, now I have to buy it back at 1/2 price.
and it’s worth every penny!
In 10 years you will be able to tell her “ya know, I would have paid double had I known how good life without you was going to be.” 
Finally, hoarding hooptie ATV’s is paying off. I’m selling my last beater quad this evening hopefully, for double what I paid for it 2 years ago. 
Several years ago I bought an aluminum Tracker Pro Team 185 with a 75HP motor, used. I went to Ohio to look at it and buy it. I fished that boat for several years and had no plans to get rid of it. Long story short, I as offered a deal that I could not turn down on a different rig and bought it. Due to the price of aluminum/inflation at that time, I sold the boat for more money than I paid for it. It completely paid for the new rig and a new $1400 trolling motor.
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