"Well, that is true for just about everything. It would be less expensive for me to build my own house, fix my own car, grow my own food, slaughter my own cattle, etc, etc."
Actually when you cost the value of your labor, you are generally better off doing what you get paid the most for. I never could seem to make any money when I worked for a living.
So I quit my job and built two identical houses side by side (split a large lot) and before I had finished the houses I sold one and it paid for both houses. In a year or so I had earned the value of a house tax free. $250k tax free, equals about the same as earning $500k a year.
If you earn less than double a plumbers wages you should do your own plumbing... Making or losing money is simply a comparative value game. A CEO who takes out his own trash is effectively valuing his time the same as a janitor's.
I am thinking about doing the same thing building two boats and I am looking for a location to build them, after I sell my boat. So if the government can keep kicking the can down the road long enough......
Here is the secret and the question. The boat is only worth what someone else is willing to pay for it. That is the reality check you need to use. How much would someone pay you for your boat? And you want to know something? We are pretty good at guessing what something is worth, as long as it isn't ours.
Talador
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Posted by: taladorwood@yahoo.com.au
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