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<p>[QUOTE=&quot;Conder101, post: 2160156, member: 66&quot;]Considering if you hold them for a year you have to pay 28% capital gains tax, plus you need to overcome at least the 10% or more typical dealer mark up, and the 3 decline in the value of the dollar due to inflation, you need about a 41% increase to truly break even.</p><p><br /></p><p>Some have suggested that a year is too short and to hold for 10 years or more but usually you still won&#039;t break even.&nbsp; Over 10 years they would have to go up over 30% just to keep up with inflation, and then you still have that 28% capital gains payment.&nbsp; Hold for 20 year and they have to go up over 75% just to keep up with inflation.</p><p><br /></p><p>Definition:</p><p><br /></p><p>Boat, a hole in the water you pour money into.[/QUOTE]</p><p><br /></p>

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