Better, Smarter...Spinnaker!

www.spinnakerworldwide.com

Imagine...

you've waited three years for her to be built.  Thanks to advice from a friend you financed her with TheSpinnakerMethod™ a better, smarter way to finance a yacht. Now your annual expenses are 80% less... that's right EIGHTY PERCENT LESS because you financed her a better, smarter way!  If you know anything about yachts you know how incredible this is.  It might even sound too good to be true,  I assure you it isn't.  Call us and find out how.

  THINK: If we can put a man on the moon, surely we can save you 80% on annual yacht expenses by financing her a better, smarter way!

We found a need and filled the need...Spinnaker!  

To learn how visit: www.SpinnakerWorldwide.com

Or call Toll Free 24hrs 1.888.560.9280

We can finance this yacht for you, call today to find out how.

Best regards,

Conrad C. Jones

CEO/Founder

THE SPINNAKER YACHT & SHIP

FINANCE AND BROKERAGE CO.

Questions: [email protected]

*We welcome any and all inquires regarding yacht purchases 1,000,000USD and up.

Feadship Future Concept Qi

Feadship Tango

Heesen Yachts Launch Galactica Star

On 25th March, the first all-aluminium fast displacement motor yacht was launched at Heesen’s facility in Oss and christened Galactica Star.

The concept was presented to the yachting community in September 2010 at the Monaco Yacht Club and the contract for the construction of the first 65 metre FDHF was signed just one month later, in October 2010. Construction took place at the Heesen facility in Oss where the laying of the keel was marked with an official ceremony in February 2011.

Sophisticated hydrodynamic design by Van Oossanen Naval Architects resulted in a vessel that is 30% more efficient than a round-bilge motor yacht. In conjunction with Heesen Yachts in-house naval architects, Van Oossanen Naval Architects also implemented the naval architecture. The vessel’s advanced design combines a special hybrid hull form that results in a very low wave profi le over the entire speed range, while also improving sea-keeping and manoeuvrability.

This provides a very positive impact on the cost of running the yacht, as well as lowering the environmental footprint due to reduced engine emissions. When combined with Heesen’s acknowledged weight reduction expertise and a pair of MTU 20V4000M93L engines (each developing 4.300kW at 2.100 rpm) Galactica Star will be able to deliver her excellent top speed of 27 knots as well as a very economical fuel burn and a particularly long range of 4.200Nm at 14 knots.

Award-winning designers have been appointed by the Owners for this very special project: Frank Laupman at Omega Architects is responsible for the streamlined and elegant exterior lines, while Bannenberg and Rowell Design have created the sophisticated interior that perfectly complements such a dynamic and sleek exterior design.

Galactica Star is due to leave the Heesen facility in Oss for intensive sea trials in the North Sea. Delivery to her Owners is scheduled for June 2013.

Discover: "The No.1 Yacht Finance Strategy In The World."

Yacht owners: Make sure this doesn't happen to you!

B--UTIFUL  Promotional film for the Dubois designed, Alloy Yachts built 178 ft fast cruising yacht, Tiara. She was recently outfitted with new sail graphics.

One of my favorite authors.

-Conrad Jones

Founder/CEO

SPINNAKER YACHT & SHIP

FINANCE AND BROKERAGE CO.

1-888-560-9280

www.SpinnakerWorldwide.com

Singapore Yacht Show 2013 - Huge selection of boats and yachts

'Singapore Yacht Show 2013'     Singapore Yacht Show 2013. With some of the most beautiful and untouched coastlines in the world, Asia is quickly growing in popularity as a boating destination. Smaller boat and tenders are ideal for making a first foray into the spectacular on-water opportunities that the region presents, and organisers of the Singapore Yacht Show have signed up an impressive display of the most popular day boats, cruisers and tenders to cater for those looking at the small-boat market.  Held from April 18 - 21 at ONE°15 Marina Club in Sentosa Cove, the Show will welcome a number of expert exhibitors who all offer a huge choice of brands and yacht types, to suit every style and budget.  Talk to the Experts  Many of the show’s exhibitors are the exclusive Asia dealers for some of the world's most popular boat brands. All experts in finding the perfect boat for customers, they are well placed to advise on any enquiries about the small boat market.  As the exclusive Singapore distributors for many of the world’s leading boat names, Premium Nautical provide both new-build and pre-owned yacht brokerage services. Their selection of both motor and sailing yachts from eight brands runs from 18’ all the way up to 115’ and includes day sailers, catamarans, cruisers and more.  Hong Seh Marine is the Singapore dealer for brands including Cranchi, Viking Yachts and Riva. They will be presenting boats including the SIXTY4 HT hard top design; the 2013 flybridge 54 Fly model; and the Atlantique 40, all from the popular Cranchi range. Their Viking range allows offers huge choice, including sportsfishing and cruising yachts.  Long time supporters of the Show, Simpson Marine are the region’s exclusive dealer for enduringly popular brands including Azimut, Lagoon and Beneteau. They will have an impressive fleet on display at the Show that includes a range of mid to large Azimut models, catamarans from the industry-leading builder Lagoon, two of the latest Beneteau sailing models and the Beneteau Flyer 650 model.  Spoilt For Choice  There is plenty of choice on offer, no matter what you are looking for. For those considering sail over motor, Solaris Yachts build beautiful sailing yachts from 35ft to 100ft at their Italian yard. Designed for true lovers of the sea, they combine beautiful design, comfort and performance.  Aquacraft Asia Pte Ltd are also specialists in sailing yachts, and represent the German brand Hanse Yachts in both Singapore and Malaysia. Hanse Yachts offer superior designs, comfort, competitive prices and ease of sailing for a small crew.  Another sailing option comes from Ocean Quality Systems who will be presenting their 60ft Frers-designed Explorer C-60 catamaran model to visitors.  Malaysian-based yacht dealership Pen Marine represent Italian brand Wider, whose range includes their stylish Wider ’42, the perfect choice for a day boat and a stepping stone into yachting.  As well as their strong position in the superyacht market, Princess Yachts and Sunseeker both have very popular sub-30m ranges on offer, starting at 39ft. Princess Yachts will be using the show for the Asian debut of the P52 model, and their P56 will be the first delivered to Asia. Sunseeker will have a 19m model on display at the show, and will also be promoting their range, which includes performance cruisers ideal for coastal exploring and sports yachts.  At the bigger end of the market, exhibitors Long Range Marine are currently building a 24-metre Realship Expedition Vessel at their new facility in Thailand. The yacht presents a spacious and quality option for the more adventurous buyer.  Fun on the water  Small watercraft, jet skis and tenders offer endless entertainment on the water. Official tender supplier of the Show is La Marca Marine, the exclusive dealer for the ZAR-Formenti line of RIBs. Their boats, which come in a wide range of models, feature a patented design which marries the advantages of the space and stability of a rigid hull boat with the high-performance and safety of a rigid inflatable boat (RIB).  Supratechnic will be returning to the Show, and represents brands including Williams Jet Tendersand Waverunner jet skis. Williams’ Turbojet models combine speed and comfort to provide fun on the water: a versatile option, they can be used as standalone boats, or as a support tender for a mother vessel.  Visitor registrations still open  Held at ONE°15 Marina Club in the heart of stylish and vibrant Sentosa Cove, Singapore Yacht Show promises to be the region's premier lifestyle event. Register as a visitor here.  Singapore Yacht Show

by Sentosa Cove 

DREAM YACHT

"Our deepest fear is not that we are inadequate, our deepest fear is that we are powerful beyond measure, it is our light, not our darkness that most frightens us.

Your playing small does not serve the world, there is nothing enlightened about shrinking so that other people wont feel insecure around you.  We were all meant to shine as children.  It's not just in some of us it's in everyone.

As we let our own light shine we unconsciously give other people permission to do the same as we are liberated from our own fear." -Unknown

  www.HowToRetireOnAYacht.com

The Cost of American Megayacht Ownership

MEGAYACHTS

The Cost of American Megayacht Ownership

Freedom Ain’t Free

Why so few American megayachts fly the American flag.

By Kevin Koenig Illustrations by Robert Burch

Back in January, we printed a letter in Mail from reader Bob Stromberg entitled “Why Are They Flag-less?” which asked quite pointedly why so many American-owned megayachts are not registered in the United States and therefore do not fly the Stars and Stripes. The question is a fair one, as many of the precepts of the megayacht world lie firmly between the murky and the opaque. Mr. Stromberg conjectured that the megayacht owners lacked a certain patriotic zeal—not an awful guess considering how commonly end-of-days rhetoric has been ringing out from both ends of the U.S. political spectrum lately. But is there really a small fleet of American millionaires and billionaires out there, just cruising the Med in their high-falutin’ yachts, saluting the Cayman Islands’ flag each morning and raising their cognacs to Benedict Arnold each night? And if so, who’s to blame? Obama? Is Obama behind this? Or maybe it’s Sarah Palin? Can she see the Cayman Islands from her house? Or the terrorists? Have they finally won?

Happily, it’s none of the above. The answer is significantly less nefarious. The reason otherwise red-blooded American yachts fly non-American flags has little to do with political sentiment, and a whole lot to do with tax and employment laws, strict United States Coast Guard regulations, and plain old supply and demand.

Compared to any number of other popular flag states such as the Caymans, The Bahamas, or the Marshall Islands, the United States is a fairly difficult place to register a large yacht. A main reason for this is that all U.S.-registered yachts must be staffed by American citizens who have undergone rigorous training to obtain USCG certification. From a tax perspective, the U.S. government views an American working as a deckhand on a U.S.-flagged megayacht cruising off of St. Tropez no differently than it views an insurance salesman plying his trade in Topeka—that is to say, a yacht flying the American flag is, essentially, U.S. soil no matter where she is located. The financial consequences of this view can be major for owners who choose to register in America because they are constrained to account for U.S. taxes when paying the crewmember. With social security and unemployment taxes what they are, this often means paying an American crewmember twice as much as say, an equally qualified Australian who is exempt from U.S. taxes but who the owner could only hire were his boat registered in a more lenient, foreign-flag state.

But labyrinthine tax laws account for only a portion of the difficulties in hiring U.S. crew. Countries such as Australia and South Africa have a far greater presence numbers-wise in the world of megayacht labor. Brian Muston, Founder and CEO of Muston Group International, a yacht-management company based in Fort Lauderdale, estimates that fewer than 20 percent of yacht crewmembers worldwide are American. “Some of these countries have much more adventurous cultures, where people go out on their own at the age of 16 or 17 and kind of find their way in the world. And if they happen to have a friend working on a yacht, well, sometimes that’s where they end up,” he says. American crewmembers, of course, are well aware of their scarcity. They know that owners of U.S.-registered boats need them by law, and they charge for their services accordingly. Compounding this problem for owners is that Americans are, fairly or not, perceived as more “sue happy” than foreigners, which can spike insurance costs. Things certainly can— and often do—go wrong at sea, so having a litigiously inclined crewmember aboard the ship will no doubt put the owner, as well as his lawyer and financial planner, ill at ease. Muston himself has seen contracts drawn up with clauses expressly forbidding American crewmembers from suing yacht owners.

Another main reason the United States is considered a tough place to register a yacht is the stringent USCG regulations, which emphasize the yacht’s firefighting and safety equipment, as well as it manning requirements. When followed, these regulations ensure that a yacht is as safe as possible. However, they also significantly up the cost of ownership and operation. Oversized liferafts, emergency exits, flame-retardant everything—these kinds of things cost money, particularly if, as in the case of the exits, they involve structural modifications. Meanwhile, other flag states’ regulations often are not quite as black and white as the Coast Guard’s and offer more wiggle room. For example, a yacht that lacks two true exits for every cabin would not be able to register in the United States. However, another flag state might say that a door constitutes one exit, while a sufficiently sized porthole coupled with a hammer constitutes the second—just break the glass in case of an emergency. Another part of those regulations involves more rigorous crew training. More training typically means higher pay and another reason U.S. crew is more costly.

With all the regulations and hidden costs of registering a yacht in the United States, it’s little wonder so many American owners choose to fly the flags of foreign states, some of which—the Marshall Islands in particular—base a good chunk of their economy on the proceeds from yacht registration. They have offices all over the world and routinely solicit owners and their management companies for their business, knowing full well that they can offer advantages that the United States cannot.

In the end, choosing which flag to fly on a yacht is a function of an owner’s appetite for expenditures, as well as his proclivity towards (perhaps overly) strict rules and safety regulations. So next time you see a Yankee-owned yacht flying the Bahamian blue, gold, and black behind it, there’s no need to get worked into a fit of patriotic rage. The owner probably loves the red, white, and blue as much as you do—it’s the just red tape he doesn’t want to deal with.

This article originally appeared in the February 2011 issue of Power & Motoryacht magazine.

  Visit: www.HowToRetireOnAYacht.com

Mar 22, 2013, Palm Beach International Boat Show

Shaun Bevan Reporter - South Florida Business Journal

The 28th annual Palm Beach International Boat Show will bring more than $1 billion worth of yachts, boats and marine accessories to West Palm Beach.

The boat show, which began Thursday and will end on March 24, is set along the scenic Lake Worth Lagoon overlooking Palm Beach where boat enthusiasts, buyers and sellers browse the hundreds of boats ranging from small inflatables and center consoles to fishing boats and super yachts well over 200 feet in length.

According to an economic impact study of last year’s boat show, commissioned by the Marine Industries Association of Palm Beach County and organizers Show Management, the boat show brought about $91.6 million to Florida.

This year the number of new boats at the show are up 31 percent compared to last year, and brokerage boats are up 25 percent, organizers said Thursday.

Organizers also increased the amount of space for the show this year by 22 percent to 89,000 square feet. The increase lends to plenty of space for the show’s 450 vendors.

The Palm Beach show is the second of large boat shows here in South Florida this year. The Miami International Boat Show held its annual event earlier this year starting on Valentine’s Day that brought more than 100,000 visitors to see more than 2,000 exhibitors.

The Fort Lauderdale International Boat Show is expected to begin later this fall.

Last year, the Palm Beach show brought about 42,000 attendees and generated revenue of $76.5 million for South Florida vendors.

While the boat show continues for a few more days, be sure to check out the MyBoatShow app from Show Management. The new app will help event goers navigate the shows and find boats and marine products. It’s available on the iPhone/iPad and Android systems.

Offshore Banking: is it Legal??

Published on March 13, 2013, by Will Van Hartog in Banking.

Offshore banking іѕ perfectly legal, іf уоu dо іt legally. State the obvious!!! However in all seriouslness, whеn anyone mentions that they own an offshore bank account, what’s thе fіrѕt thіng thаt pops іntо peoples head; Money laundering, tax dodging, еvеn possibly drug cartels? Pеrhарѕ а small section оf thе offshore banking community mіght uѕе thеѕе accounts fоr such acts, but for the vast majority, offshore banking іѕ а tool tо diversify а person’s wealth. It offers legal protection іf dоnе legally.

In thе 1990′s, offshore accounts wеrе notorious аѕ thе harbingers оf criminal activity. But due tо actual criminal activity, primarily tax evasion, government organizations аnd international оnеѕ tоо hаvе соmе tоgеthеr tо stop thе promising world оf offshore banking frоm bесоmіng а criminal haven. Thеѕе practices hаvе increased international transparency аnd hаvе arguably еvеn mаdе thе process а safer оnе іf account holders follow thе laws аnd regulations.

Yоu ѕtіll hаvе tо pay taxes оn уоur money. Aftеr thе 2001 Patriot Act, thе United States hаѕ legal thе rіght tо shut dоwn anyone’s bank account іf illegal activity іѕ suspected. Aѕ а direct result, people began moving thеіr money іntо offshore accounts. In 2008 thе Bank Secrecy Act wаѕ passed. Thіѕ act requires а disclosure оf overseas assets bу аll United States citizens. It аlѕо mаdе іt а priority оf thе IRS tо lооk іntо previous offenses оf tax evasion.

Thе United States government provided а voluntary disclosure program іn whісh people аnd corporations wеrе allowed tо work wіth thе IRS оn years thеу misreported thеіr holdings. Thе voluntary disclosure ended іn 2009 аnd nоw іt іѕ а vеrу ѕеrіоuѕ criminal offense nоt tо report уоur holdings. It саn land уоu іn prison. Of соurѕе thе IRS’s criminal division іѕ mоrе concerned аbоut gеttіng thе owed taxes. If уоu voluntarily disclose уоur assets, thеу wіll work wіth you-but оftеn аt incredibly expensive rates. Thе Bank Secrecy Act аlѕо requires thоѕе whо hаvе mоrе thаn ten thousand dollars іn offshore banking accounts tо report thеіr accounts оn FBAR forms. If уоu dо nоt аnd thеу find оut thаt уоu hаvе mоrе thаn ten thousand dollars overseas, jail time соuld await you.

Secrecy іn banking іѕ аlѕо bесоmіng а thіng оf thе past. Uр untіl 1999 lawyers соuld create bank accounts fоr thеіr clients. Thіѕ allowed fоr а quіtе а large amount оf abuse bу clients. In 1999, thе Swiss banks stopped thіѕ practice. Thеу ѕtіll hаvе whаt іѕ called а numbered account system іn whісh account holders саn mаkе payments аnd investments uѕіng thе bank’s nаmе аѕ thе investor.

Tax havens аrе аlѕо bесоmіng а thіng оf thе past. In 2009, thе OECD (Organization оf Economic Cooperation аnd Development) began а rating system fоr аррrорrіаtе аnd fair banking taxes. Fоrmеr offshore banking havens lіkе Switzerland began tо regulate mоrе heavily. Aѕ thе world bесоmеѕ increasingly globalized, nations аrе beginning tо cooperate wіth еасh оthеr оn banking regulations.

Thе European Union іѕ аlѕо strengthening іtѕ belt, ѕо thаt mоѕt EU nations саnnоt bе thе notorious tax havens thеу оnсе were. But simply put, yes, offshore banking іѕ perfectly legal іf уоu follow thе laws аnd regulations whісh аrе easily fоund bу lооkіng thrоugh thе IRS website.

4% corporate tax and 0% capital gains tax for new residents of Puerto Rico thru 2035!

John Paulson, a lifelong New Yorker, is exploring a move to Puerto Rico, where a new law would eliminate taxes on gains from the $9.5 billion he has invested in his own hedge funds, according to four people who have spoken to him about a possible relocation.

Ten wealthy Americans have already taken advantage of the year-old Puerto Rican law that lets new residents pay no local or U.S. federal taxes on capital gains, according to Alberto Baco Bague, Secretary of Economic Development and Commerce of Puerto Rico. The marginal tax rate for affluent New Yorkers can exceed 50 percent on ordinary income.

Paulson, 57, recently looked at real estate in the exclusive Condado neighborhood of San Juan, where an 8,379- square-foot penthouse, complete with six underground parking spaces, lists for $5 million.

March 11 (Bloomberg) — Bloomberg “Market Makers” anchor Stephanie Ruhle reports that hedge fund manager John Paulson is exploring a move to Puerto Rico, where a new law would eliminate taxes on gains from the $9.5 billion he has invested in his own hedge funds. She speaks on Bloomberg Television’s “Bloomberg Surveillance.”

Playa del Condada, in San Juan, Puerto Rico. Photographer: Christian Heeb/laif/Redux Paulson, 57, recently looked at real estate in the exclusive Condado neighborhood of San Juan, where an 8,379- square-foot penthouse, complete with six underground parking spaces, lists for $5 million. The area is home to St. John’s School, a private English-language academy where he and his wife could send their two children, said the people, who asked not to be named because the discussions were private.

Paulson’s firm declined to comment on his personal plans. “While we have looked at real estate investments in Puerto Rico, we have not made any investments,” Paulson & Co. said in a statement. The firm is one of the largest holders of Popular Inc., which owns the biggest lender in Puerto Rico, and it runs a $300 million real estate fund that has properties in Florida, Nevada, Arizona, California, Colorado and Hawaii.

Unusual Choice

John Paulson hasn’t decided whether to move and may opt to stay in New York, the people said. His firm would remain in New York. Wealthy individuals in the U.S. and Europe are relocating as governments raise taxes on top earners to shrink budget deficits that have become unsustainable after the 2007-2009 financial crisis.

Actor Gerard Depardieu left France last year for Belgium and billionaire Bernard Arnault, who runs LVMH Moet Hennessy Louis Vuitton SA (MC), applied for Belgian nationality, after President Francois Hollande sought to introduce a 75 percent tax on millionaires.

BlueCrest Capital Management Ltd. and Brevan Howard Asset Management LLP opened or expanded offices in Switzerland in the past three years after Britain raised taxes on the wealthy. Paulson executives, too, have already taken steps that may allow them to pay lower taxes. Last year, they put about $450 million into a new Bermuda reinsurance company that in turn invested all of its assets in Paulson & Co. funds. The structure positions them to defer any taxes on investment income from the funds for years, and to pay only the lower capital gains rate when they do.

Occupy Visit

Moving to a Caribbean island four hours by plane from New York City would be an unusual choice for Paulson. He grew up in Queens and graduated from New York University. He’s worked in Manhattan for the last three decades and last year donated $100 million to help conserve Central Park, steps from his six-story townhouse.

In October 2011, when Occupy Wall Street protesters marched by the homes of Manhattan’s billionaires, Paulson chided them by pointing out his loyalty to the city.

Bloomberg Billionaires Index

“The top 1 percent of New Yorkers pay over 40 percent of all income taxes, providing huge benefits to everyone in our city and state,” his firm said in a statement at the time, adding that the hedge fund had opted to stay in New York rather than flee to a low-tax state. “Instead of vilifying our most successful businesses, we should be supporting them and encouraging them to remain in New York City and continue to grow.”

Losing Touch

Paulson rose to fame in 2007 with a successful bet that subprime mortgages would tumble. The wager produced $15 billion in profits for his hedge fund and turned him into one of the 100 richest people in the world, with an estimated wealth of $11.2 billion as of last week, according to the Bloomberg Billionaires Index.

The manager lost his touch in the past two years, posting losses in several strategies in 2011 and 2012, as bets on an economic recovery in the U.S. and a breakup of the euro proved wrong or poorly timed. Since the end of 2010, he has lost 64 percent in his Advantage Plus fund, once the firm’s largest. This year, his $900 million Gold Fund has dropped 26 percent amid a slump in the metal, after more than a decade of gains. Assets overseen by the firm have declined to $18 billion from a peak of $38 billion in 2011.

Promoting Investments

The Puerto Rican tax law provides a boon for someone like Paulson, who earns most of his money from investments. The federal rate for top earners in the U.S. is 23.8 percent on long-term capital gains and dividends and 39.6 percent on ordinary income, which includes short-term gains and interest. State and local taxes can push the marginal rate for rich New Yorkers higher.

Under the Puerto Rican law, any capital gains accrued after a person moves there would be tax free. Dividend and interest income paid by U.S. companies would still be subject to U.S. federal taxes, though would not be taxed locally.

In addition, new residents can benefit from another new law that taxes business income earned in Puerto Rico at 4 percent. That law could potentially apply to hedge fund fees earned by a resident for services rendered for U.S.-based clients, said Gabriel Hernandez, one of the framers of the Puerto Rican tax law and head of the tax division of BDO Puerto Rico PSC.

Hernandez now gets a call every day from wealthy individuals involved in Internet, software or financial companies who are interested in moving to the island, he said. He declined to name any of the business people who have relocated or who are currently contemplating such a move.

Preferential Treatment

Residents of Puerto Rico, an unincorporated territory of the U.S., typically pay a local tax rate of as much as 33 percent, according to Gabriel. They don’t pay U.S. taxes on income from Puerto Rico, but are taxed on dividends and interest from U.S. companies. They are not subject to capital gains taxes in the U.S. and pay a 10 percent capital gains tax locally, from which new residents are exempt.

The preferential treatment for the new residents aims to promote investments in real estate, boost services and consumption, and encourage foreign service providers to move their businesses to the country, said Puerto Rico’s Baco Bague.

In addition to the 10 wealthy individuals who have already relocated to Puerto Rico to take advantage of the new laws, 40 more are currently talking to the government about moving and have brought their families to look at housing and schools, said Baco Bague. About 35 percent are hedge-fund managers, he added.

Government Contract

One hedge-fund manager, Pascal Forest, has taken the additional step of setting up his firm, Forest Investments LLC, in San Juan. Forest, a former portfolio manager at London-based BlueGold Capital Management LLP, said the tax incentives played into his decision to move to the island, as did his wife, who is Puerto Rican and wanted to come home after 16 years.

In order to become eligible for the new tax breaks, a person must live on the island for at least 183 days a year and prove that a preponderance of his social and family connections are there. Any person who moves to the island signs a contract with the government that guarantees the tax break through Dec. 31, 2035.

“You have to actually become a bona fide resident of Puerto Rico, bring your children,” said Fernando Goyco-Covas, a tax lawyer at Adsuar Muniz Goyco Seda & Perez-Ochoa PSC. “You cannot do this just claiming you are a resident.”

The Dubai Boat Show is here again....! www.HowToRetireOnAYacht.com

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.

Ted Roosevelt THE MAN IN THE ARENA Excerpt from the speech "Citizenship In A Republic" delivered at the Sorbonne, in Paris, France on 23 April, 1910

Attn: Outside The Box Thinkers! This animation of a large luxury catamaran shows an excellent choice for retiring on a yacht. It's sail AND motor, which will save tons of money over the years traveling the worlds most beautiful destinations. Save the money you'd otherwise spend on fuel to buy other items or even invest. Also I personally like large catamarans because they are more sable than single hull sailing vessels. With single hull, when you're inside you are always living life on an angle. When inside a large catamaran unless in really strong winds you are usually living life in a horizontal position. Plus, inside the catamaran, the open floor plan feels much more like a loft apartment vs. the virtical nature of single hull sailing and motor yachts. These catamarans have way more room to sprawl out than a Blue Bird RV bus. Plus the view of the ocean trumps the view of a highway. This amazing vessel is 140', however, you could get away with a catamaran 1/2 the size (70') and be very, very comfortable on long cruises. To get more information go to: www.HowToRetireOnAYacht.com and submit your information and we will send you our Special Report! This is perfect for empty nested baby boomers who always wanted to sail from tropical island to island and really soak up what retired life has waiting for you. Sailing is not difficult, we give away FREE sailing lessons with the use of our services. Happy Sailing, Conrad Jones CEO/Founder SPINNAKER YACHT & SHIP BROKERAGE AND FINANCE 1.760.68YACHT [email protected]