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No one is immune to an economic recession http://www.vikingsfanaticproshop.com/customized/ , especially a protracted one. The economic downturn that ended in the summer of 2009 was the worst since the Great Depression. It lasted for about a year and a half and resulted in the highest unemployment and poverty rates in more than a generation. Even the wealthy stopped spending during the Great Recession. The good news is that sales of luxury items are on the rise again.

According to a recent report, sports cars, designer clothing, and fancy watches are selling at a pre-recession pace. With that said, wealthy Americans still seem a bit apprehensive about making big investments. The housing market, for example, is still in a funk because the rich arenít buying. But there is one big-ticket item that is more popular than ever.

A yacht is a floating piece of real estate that is expensive to enjoy and to maintain. Docking fees alone can cost tens of thousands of dollars each year, depending on the size of the boat. Not surprisingly, even the Łber rich stopped buying them when the economy hit the skids. But according to industry insiders, the boat market has rebounded based on the strength of yacht sales.

Sales of boats that were over 80 feet long jumped by more than 10 percent last year! Not to mention the fact that the value of those sales was also up by double digits. What does this tell us? For starters, it is undeniable evidence that the wealthy are willing to spend on big-ticket items once again. This may mean that they have more confidence in the economy, or simply that they didnít get burned as much as others during the Great Recession. Whatever the reason, yacht brokers are doing better than they have in a blue moon.

Why now?

Buying any big-ticket item is a gamble, especially in the current environment. Housing values are now are at a ten-year low. Like the stock market, there is no sure-fire way to call a bottom and get in at the right price, which is why you shouldnít try. The reason you might want to buy a yacht today has little to do with the price, but rather with the available inventory. So many owners sold their boats during the Great Recession that yacht brokers have impressive selections of vessels of all types and sizes.

Built shortly before the economy tanked, many of these yachts are only a few years old. Opportunities like this donít come along that often. One thing we can say for certain is that the biggest, most impressive boats almost always go first. Soon after the economy stabilized, yacht brokers started getting calls about the boats they bought during the downturn. These beauties are now selling quite well. Remember, the market for these floating islands is quite limited, since only the 1 percent (or less) can afford them.

Who to call?

No matter how deep your pockets, a yacht is a major investment. The larger boats require full-time crews and can only be moored at docks that can accommodate them. But even with all the fuss, yacht owners happily hand over millions to enjoy what has become the ultimate luxury item. To find a yacht broker near you, look online. RealGMs MLB Team Rankings Through 7 15 11 - RealGM Wiretap The Opsera is a statistic RealGM Executive Editor Chris Reina created in order to objectively rank teams by how well they hit (OPS) and pitch (ERA). In order to determine the Opsera rating for each, we take their OPS, multiply that number by 10 to move the decimal point over one place to the right and then subtract their ERA from that number. Below are the final rankings through the Thursday, July 14th games: The rankings from last week are in parenthesizes 1. (1) New York Yankees - 4.32 New York is starting to struggle on the mound, but CC Sabathia is still their ace and a Cy Young contender. 2. (2) Boston Red Sox - 4.18 Adrian Gonzalez may have lost to Robinson Cano in the Home Run Derby, but he is still the best hitter in the AL. He leads the league with a .354 average and 77 RBIs. 3. (4) Philadelphia Phillies - 4.03 The Phillies could finish the season with three 20-game winners (Roy Halladay, Cole Hamels and Cliff Lee). 4. (5) Texas Rangers - 3.90 Texas has won eight straight, allowing them to take a 1.5 game lead over Los Angeles in the AL West heading into this weekend. 5. (3) Atlanta Braves - 3.79 The Braves have the second-highest run differential (+53) in the NL, which perfectly falls in line with their second-best record (behind the Phillies). 6. (6) Los Angeles Angels - 3.83 7. (7) St. Louis Cardinals - 3.62 8. (Cool Tampa Bay Rays - 3.54 9. (9) San Francisco Giants - 3.53 10. (13) Pittsburgh Pirates - 3.35 11. (11) Arizona Diamondbacks - 3.28 Biggest Jump: 12. (1Cool Toronto Blue Jays - 3.28 The Blue Jays have reeled off four wins and their 16-7 rout of the Yankees on Thursday night helped spike their OPS for the week. 13. (15) New York Mets - 3.27 14. (10) Milwaukee Brewers - 3.24 15. (14) Oakland Athletics - 3.22 16. (19) Washington Nationals - 3.21 Biggest Drop: 17. (12) Cleveland Indians - 3.20 The Indians have the Tigers breathing down their necks with the White Sox and Twins in the waiting as well. 18. (20) Detroit Tigers - 3.19 19. (21) Colorado Rockies - 3.19 20. (16) Chicago White Sox - 3.18 21. (17) Cincinnati Reds - 3.18 The Reds have the best run differential (+29) in the NL Central, but were in fourth place heading into this weekend. 22. (22) San Diego Padres - 3.11 23. (24) Florida Marlins - 3.02 24. (25) Los Angeles Dodgers - 2.96 25. (23) Seattle Mariners - 2.93 26. (26) Kansas City Royals - 2.62 27. (27) Chicago Cubs - 2.52 28. (30) Minnesota Twins - 2.41 Minnesota has won seven of their last 10 games and sit just six games out of first place in the AL Central. Consid. Cheap Jerseys Cheap Jerseys Wholesale Jerseys Wholesale NHL Jerseys Cheap NBA Jerseys Cheap NFL Jerseys Cheap NFL Jerseys China Wholesale NFL Jerseys Free Shipping Wholesale NFL Jerseys From China Wholesale Football Jerseys
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PostPosted: Thu Feb 15, 2018 4:58 am    Post subject: Reply with quote

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