Rare ontheweb Posted April 14, 2023 #1 Share Posted April 14, 2023 We paid $4 million for a cabin on a cruise ship that will sail the world year-round. We want to travel in total comfort, without the 'bag drag' from place to place. (msn.com) Link to comment Share on other sites More sharing options...
lenquixote66 Posted April 14, 2023 #2 Share Posted April 14, 2023 If I had four million dollars I would not spend it on a cruise cabin. 7 Link to comment Share on other sites More sharing options...
wcook Posted April 14, 2023 #3 Share Posted April 14, 2023 (edited) If I had that kind of money I’d rather buy an exotic pet. Like a llama or an emu. Edited April 14, 2023 by wcook 4 Link to comment Share on other sites More sharing options...
slidergirl Posted April 14, 2023 #4 Share Posted April 14, 2023 9 minutes ago, wcook said: If I had that kind of money I’d rather buy an exotic pet. Like a llama or an emu. Or a K-car, a nice reliant automobile. (one of favorite songs!) 2 1 Link to comment Share on other sites More sharing options...
slidergirl Posted April 14, 2023 #5 Share Posted April 14, 2023 My hair stylist had a long-time client who had a cabin on the Residensea. She get to use it from time to time as a "gratuity" from her. Link to comment Share on other sites More sharing options...
Rare mom says Posted April 14, 2023 #6 Share Posted April 14, 2023 4mil better get me a full suite with butler service. On second thought, I'll just fly first class and stay in nice hotels. 2 Link to comment Share on other sites More sharing options...
BruceMuzz Posted April 14, 2023 #7 Share Posted April 14, 2023 A "lifetime cruise cabin" is good for about 25 years maximum. At that point the engines are shot, the hull is rotting, and repairs / maintenance are beyond any reasonable cost. Then what is your $4 Mil cabin worth when the ship cannot move anymore? 1 1 Link to comment Share on other sites More sharing options...
Rare mom says Posted April 14, 2023 #8 Share Posted April 14, 2023 21 minutes ago, BruceMuzz said: A "lifetime cruise cabin" is good for about 25 years maximum. At that point the engines are shot, the hull is rotting, and repairs / maintenance are beyond any reasonable cost. In a lot less than 25 years these problems would be with me, not the ship; but the end result would be the same. 3 Link to comment Share on other sites More sharing options...
bob brown Posted April 15, 2023 #9 Share Posted April 15, 2023 If I had the means to buy one of those, I would much rather own my own crewed, ocean going yacht, and have the ability to go where and when I desire, rather than where the homeowners committee voted on… Link to comment Share on other sites More sharing options...
ldubs Posted April 15, 2023 #10 Share Posted April 15, 2023 10 hours ago, wcook said: If I had that kind of money I’d rather buy an exotic pet. Like a llama or an emu. I would invest in art from Park West. 10 Link to comment Share on other sites More sharing options...
Rare John Bull Posted April 15, 2023 #11 Share Posted April 15, 2023 I wouldn't be available to go on a lifetime cruise costing $4,000,000. Because I'd be in jail for embezzling $4,000,000. JB 🙂 6 Link to comment Share on other sites More sharing options...
Rare ontheweb Posted April 15, 2023 Author #12 Share Posted April 15, 2023 8 minutes ago, John Bull said: I wouldn't be available to go on a lifetime cruise costing $4,000,000. Because I'd be in jail for embezzling $4,000,000. JB 🙂 No, with that much cash you could find a lawyer who would get you off. 1 1 Link to comment Share on other sites More sharing options...
lenquixote66 Posted April 15, 2023 #13 Share Posted April 15, 2023 10 hours ago, ldubs said: I would invest in art from Park West. Or perhaps buy Park West 1 Link to comment Share on other sites More sharing options...
SPacificbound Posted April 15, 2023 #14 Share Posted April 15, 2023 Certainly not in that financial position, but if I was I wouldn't spend it in this manner. I kept wondering so what do the kids do when they are in college and mom and dad are out to sea? Link to comment Share on other sites More sharing options...
Rare mom says Posted April 15, 2023 #15 Share Posted April 15, 2023 40 minutes ago, SPacificbound said: I kept wondering so what do the kids do when they are in college and mom and dad are out to sea? Party. 1 Link to comment Share on other sites More sharing options...
K32682 Posted April 15, 2023 #16 Share Posted April 15, 2023 Only if I had full and complete confidence in the continued long term viability of the cruise line. So that would be a no. Maybe even a hell no. 1 Link to comment Share on other sites More sharing options...
Aquahound Posted April 15, 2023 #17 Share Posted April 15, 2023 I can see the appeal but no, I would not do it. Link to comment Share on other sites More sharing options...
Rare Ferry_Watcher Posted April 16, 2023 #18 Share Posted April 16, 2023 Can you imagine if you didn't like the neighbors? Or the guy next door likes to hang out on his veranda au naturel (like Terry Bradshaw in Failure to Launch)? It would be interesting... Or your cabin was one of the ones that creaks? I think if I had 4 Million US$ to splurge with I would try a variety of ships at the suite level until I found one that I liked, then travel every few months. I would still keep a brick & mortar home. : ) Link to comment Share on other sites More sharing options...
shorne Posted April 16, 2023 #19 Share Posted April 16, 2023 Four million dollars, at a conservative inflation-adjusted return of 4% per annum, would yield income of $160k per year without loss of capital. Or the same amount could be spent on an annuity that would yield about $200k per year for someone with a 30-year life expectancy. Consider that when deciding on the wisdom of blowing $4M on a lifelong cruise. 1 1 Link to comment Share on other sites More sharing options...
Rare cruisemom42 Posted April 16, 2023 #20 Share Posted April 16, 2023 I would likely invest it and take some nice trips off the earnings. No way I’d put it all into one travel bucket. If for some reason the $4 million came with a caveat that I HAD to spend it all on something travel-related upfront, I’d buy a nice apartment in central Rome. Link to comment Share on other sites More sharing options...
herbanrenewal Posted April 16, 2023 #21 Share Posted April 16, 2023 might consider doing 3 month stints on various cruise lines if i won the lottery, but no, not a residence on board one ship, or even not all on one line. Link to comment Share on other sites More sharing options...
lenquixote66 Posted April 16, 2023 #22 Share Posted April 16, 2023 When I initially read the post by the OP,I thought that he bought the cabin.It is a good thing that I reread the post before commenting. Link to comment Share on other sites More sharing options...
Joebucks Posted April 16, 2023 #23 Share Posted April 16, 2023 17 hours ago, shorne said: Four million dollars, at a conservative inflation-adjusted return of 4% per annum, would yield income of $160k per year without loss of capital. Or the same amount could be spent on an annuity that would yield about $200k per year for someone with a 30-year life expectancy. Consider that when deciding on the wisdom of blowing $4M on a lifelong cruise. This is not vacationer logic. You should be looking at FREE AND UNLIMITED FOREVER and defended with any other convenience they can think off of the top of their head. Your good example aside, I would get bored of the same ship and the same stuff. Sure the ports are nice and could vary, but ports are not exclusive to that ship. I would much rather just go on a bunch of different vacations. 1 Link to comment Share on other sites More sharing options...
sanger727 Posted April 19, 2023 #24 Share Posted April 19, 2023 The 4 million is for a home at sea; not an extended vacation. In many home markets $4 million is not crazy over the top. And clearly you would not make this purchase if it was a financial strain, this would be more like if you had $10 million and decided to sell your $3 million home and move to your new condo at sea. Link to comment Share on other sites More sharing options...
SmoothFlying Posted April 19, 2023 #25 Share Posted April 19, 2023 50 minutes ago, sanger727 said: . And clearly you would not make this purchase if it was a financial strain, this would be more like if you had $10 million and decided to sell your $3 million home and move to your new condo at sea. BUT..Hopefully, you've put the spare 6 mil back for the preverbal 'rainy' day because 20-30 years down the toad your 'sea condo' runs aground to an asian or south asian breaker because your condo's engines and hull have wore out and been sold for scrape 😞 A fate that land locked L Ron Hubbard. Mac Link to comment Share on other sites More sharing options...
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