Buying a boat is a famously good investment
Go into debt if you have to
Submitted 3 days ago by Track_Shovel@slrpnk.net to [deleted]
https://slrpnk.net/pictrs/image/70c7b768-5576-411f-843a-67cf0c5e3b3c.jpeg
Comments
Vladkar@lemmy.world 3 days ago
tatterdemalion@programming.dev 3 days ago
It’s such a good investment that it’s why insurance was invented.
YerbaYerba@lemm.ee 3 days ago
Thanks for the advice!
AtariDump@lemmy.world 3 days ago
Break Out Another Thousand
apfelwoiSchoppen@lemmy.world 3 days ago
Dump terrifying greenhouse gas methane into the atmosphere at industrial levels, go into debt if you have to.
countrypunk@slrpnk.net 3 days ago
I’m contributing valiantly to this cause with my farts
errer@lemmy.world 3 days ago
You basically just described the energy/economic strategy of most of the world’s countries…
gandalf_der_12te@discuss.tchncs.de 3 days ago
For anyone seriously considering this: don’t.
“The LNG market is set to rapidly grow” is a lie. Economies are shifting away from fossil fuels, and i guess by 2040 no metric ton of fossil fuels will be transported anymore.
This is a waste of money. They just want to get rid of their end-of-use LNG tankers. So they are looking for idiots to buy them.
LemmyFeed@lemmy.world 3 days ago
Pfft idk, seems like maybe you just want to buy up all the tankers for yourself.
gandalf_der_12te@discuss.tchncs.de 3 days ago
no no, in fact i can sell you mine, too, if you want to, for a meager $21 million.
Valmond@lemmy.world 3 days ago
Too late, already bought 5
Corkyskog@sh.itjust.works 3 days ago
Wow, you must be loaded. My bank only allowed me to take out a loan for 3.
Vinny_93@lemmy.world 3 days ago
For anyone seriously considering this: how the fuck did you end up with that kind of money in your early twenties? Either you’re business savvy in which case you won’t consider this or daddy’s rich in which case you should talk to your dad first.
Nalivai@lemmy.world 3 days ago
You get a small loan of 20 million dollars from your patents, obviously
AngryCommieKender@lemmy.world 3 days ago
Considering the value of the cargo, if you had that type of money to throw around, you could probably make a pretty profit. Fully loaded one of these tankers holds between $100,000,000 to $200,000,000 of LNG. Assuming a modest 3% profit margin, though I suspect that you could achieve 5% easily, you’d pay back the ship with one full shipment.
AlpacaChariot@lemmy.world 3 days ago
by 2040 no metric ton of fossil fuels will be transported anymore
I seriously doubt it. Many countries are decarbonising like the UK has by getting rid of coal fired power stations and switching to renewables plus gas, because gas is a good way to solve the intermittency issues you get with many renewables. 2040 is not very far away, on that timescale the demand for LNG may actually go up.
FelixCress@lemmy.world 2 days ago
Meantime in the real world:
HEXN3T@lemmy.blahaj.zone 3 days ago
Me when I spread misinformation online!
absentbird@lemm.ee 3 days ago
Could LNG tankers be retrofit to move Hydrogen? I could see some potential there.
UnderpantsWeevil@lemmy.world 3 days ago
Economies are shifting away from fossil fuels, and i guess by 2040 no metric ton of fossil fuels will be transported anymore.
We’ve got far too much legacy infrastructure and far too little public investment to ditch the vast number of small, cheap, highly lucrative LNG electricity plants scattered through North America and Western Europe.
And with energy demand continuously outpacing supply in the near future, even the green power we do build will be absorbed by the electricity ravenous date centers we’re constructing.
hark@lemmy.world 2 days ago
I dunno about that. Based on this US data, its use seems to be expanding, even more so than renewables: www.eia.gov/energyexplained/us-energy-facts/
This graph in particular shows this: Image
MsPenguinette@lemmy.world 3 days ago
You can’t argue with that price. A new one will set you back 80-250 mil. Crazy that people are sleeping on opportunities like this
Kyrgizion@lemmy.world 3 days ago
I have like 3K, if you come up with the other 19997000 we’re golden.
pencil_nerd@mander.xyz 3 days ago
I’m $100k in the hole due to boomer parents telling me to get student loans for college since they blew all their money on stupid investment schemes, so can I give you an IOU or maybe like a hug or a handshake or something?
dutchkimble@lemy.lol 3 days ago
Sounds like a solid plan. Just send your 3k over and I’ll let you know theh deliver our boat.
Diva@lemmy.ml 3 days ago
For some reason the bank won’t let me take out an 8 figure loan to start my international piracy business. I’ll be starting up a gofundme.
LifeInMultipleChoice@lemmy.world 3 days ago
All you need to do is find a stretchy guy made of rubber
rob_t_firefly@lemmy.world 3 days ago
You’ve got to stare hard at the bank manager and say, “look at me. I’m the borrower now.”
febra@lemmy.world 3 days ago
Yeah I’ll just take a small loan of 20 million dollars from my normal worker parents…
mojofrododojo@lemmy.world 3 days ago
I love the idea of a bunch of rando’s purchasing LNG shipping and just thinking… step one, done… step two, profit!
it’s so fantastically complex it’s hilarious
luciferofastora@lemmy.zip 3 days ago
And then draw the rest of the fucking owl
Eheran@lemmy.world 3 days ago
Step 1: Buy LNG tanker Step 2: Step 3: Profit
OmegaLemmy@discuss.online 3 days ago
Where do you even get a loan for just a million?
GrumpyDuckling@sh.itjust.works 3 days ago
Probably not out of line for a house these days. You can borrow the down payment from your boomer parents if they take out a heloc on their house.
bjoern_tantau@swg-empire.de 3 days ago
What if the front falls off?
residentmarchant@lemmy.world 3 days ago
We’ll just tow it outside of the environment
apfelwoiSchoppen@lemmy.world 3 days ago
This may be be best bit of all time. I think about it far too frequently.
VeganCheesecake@lemmy.blahaj.zone 3 days ago
Better hope you have good insurance, otherwise you’re gonna have to pay for it being towed out of the environment yourself.
rumba@lemmy.zip 3 days ago
One of my high school teachers retired and bought a river paddle boat to put a restaurant on it. The idea was to cruise the local bay and provide a nice dining experience. Two years into owning it, the hull started leaking quite substantially. Apparently, the hull had not been maintained properly over the years and was now dangerously thin. The boat ended up being scrap. I guess they weren’t bringing in enough profit with it sailing, they didn’t even try to land lock it.
HawlSera@lemm.ee 3 days ago
…I mean, I don’t think my bank’s overdraft policy is gonna let me go THAT deep into debt
HeyThisIsntTheYMCA@lemmy.world 3 days ago
It’s okay we’ll pay for the rest in apple cards
UnderpantsWeevil@lemmy.world 3 days ago
I hear LNG tankers are the new Bitcoin.
ChapulinColorado@lemmy.world 3 days ago
You misspelled methane the natural gas that kills the populous is lng.
HelixDab2@lemm.ee 3 days ago
Eh. Methane is worse when it’s released as a gas than when it’s burned and released as carbon dioxide. If you drive by oil refineries in Beaumont, TX, you’ll see them burning off methane–flaring–because it’s a byproduct of oil refining. Is any of this great, or even good? No; any way you slice it, it’s all greenhouse gasses. OTOH, there are far fewer other pollutants with LNG than there are from coal-fired plants, and we don’t yet have the capacity to generate sufficient power using renewables or nuclear. (Meanwhile, a lot of hydro power is at risk because climate change has shifted rain and snow patterns so that rivers and reservoirs are drying up so that we’re losing that source of renewable power.)
fossphi@lemm.ee 3 days ago
Surely this is satire, right?
Revan343@lemmy.ca 3 days ago
The original was a fancy watch
darklamer@lemmy.dbzer0.com 3 days ago
Interesting! This background story makes it much funnier: dailydot.com/…/buy-a-rolex-go-into-debt-if-you-ha…
JustJack23@slrpnk.net 3 days ago
Strangely enough, it both versions makes no sense
Maggoty@lemmy.world 3 days ago
Somebody is trying to sell LNG tankers to rich idiots. We’re not switching to LNG, that was the 1980s through the 2000s. Solar, wind, and batteries are coming online. So LNG shops are actually starting to be replaced by battery ships.
If LNG was still a good ship to be purchasing, they wouldn’t be selling them off.
over_clox@lemmy.world 3 days ago
Hi, is this product still available?
I have 20 cents for a down payment.
Fontasia@feddit.nl 3 days ago
Be me Get job as Outbound Sales Consultant for ENGIE No idea how to sell LNG tankers to general public Post to LinkedIn that people should just buy one
Maurice Tessier Barrera - Outbound Sales for Energy Markets - Energy Leads | LinkedIn
LordWiggle@lemmy.world 3 days ago
Damn, I’m in my late 30s, too late *sadface
uriel238@lemmy.blahaj.zone 3 days ago
Ima just leave this here, Climate Town’s discussion of Natural Gas (or what we call Methane. Fart gas.)
He explains how it’s a LNG is really fucking everyone over. Some points: ~ NG infrastructure is leaky and causes lots of non-point-source pollution. ~ Methane was supposed to be a transitional energy source as we moved towards renewables, but instead we’re leaning heavily on methane while China is securing all the science patents and materials for solar. ~ LNG is super inefficient. I think like 20% of it is used up in the liquification process, which is required for transit overseas. This is to sell it to nations abroad. ~ Since we’re really trying to get to renewables, everyone buying LNG is a jerk, and everyone selling it is also a jerk. ~ If even one of these supertankers has a rupture incident, it will fuck the Earth, and I’ll be sore as I watch wildfire ravage California, and by east coast buddies get hammered by hurricanes. Also we’ll be closer to permanent drought and then global famine. ~ Seriously, Methane is bad. NG infrastructure should be moved away from as quickly as possible. LNG is really extra super bad, and can ruin our kids’ futures.
iAvicenna@lemmy.world 3 days ago
Hello I would like to go into $1.990.000 debts please
Kanda@reddthat.com 3 days ago
If you have $20 million you can just live off the interest and chillLine must go upDiplomjodler3@lemmy.world 3 days ago
BRB, gotta check between the sofa cushions.
Furbag@lemmy.world 3 days ago
I can imagine the raucous laughter behind me as I exit the bank, fist clenched in anger and face red with embarrassment, after explaining to the loan officer that I needed $20m to purchase an LNG tanker but also that I have never been a sea captain, don’t know anything about natural gasses, and have no supply chain for acquiring or selling the product that said tanker is meant to distribute.
Nah, I’m good. I’ll stay poor.
Asafum@feddit.nl 3 days ago
“Get an LNG tanker. Bitches love an LNG tanker.”
SnotFlickerman@lemmy.blahaj.zone 3 days ago
I’ve definitely had natural gas that turned out to be liquefied. Luckily, I was on the toilet already.
Hupf@feddit.org 3 days ago
thenextguy@lemmy.world 3 days ago
“I bought cardboard when it was 14 cents a ton.”
slaacaa@lemmy.world 3 days ago
Is this still available?
finitebanjo@lemmy.world 3 days ago
I’d probably invest 20 Million USD into producing open source Camera Bodies/Frames and Routers. As a side job I’d produce reclaimed/refurbished capacitors. As a venture I would invest in brine pit water electrolysis with a pendulum separation second stage to produce petrol salt byproduct, Oxygen, and Hydrogen while also cleaning up groundwater contamination.
The components for both camera bodies and routers are cheap but the end result gets sold for hundreds of dollars, and in fact there are very few options that aren’t filled with proprietary firmware and are difficult to open or service.
The capacitors I expect to work as my retirement. In a transition to solar and hydrogen economy they will forever be in demand, and can even be sold for profit currently if you buy in bulk and fashion in home capacitors to limit high-usage surge pricing of utilities to a minimum.
The venture I spoke of almost certainly will operate at a loss. Even if the hydrogen and oxygen are valuable, and even if you can find a use for the salts, it’s going to cost a metric butt-ton of electricity to operate: first for the pumping, second for the electrolysis. Secondly, the equipment would need constant maintenance and could be hazardous under high (and efficient) load.
everett@lemmy.ml 3 days ago
The thumbnail image looked like eggs, and the title still made sense.
Voyajer@lemmy.world 3 days ago
big if true
Karyoplasma@discuss.tchncs.de 3 days ago
Hang on, I’ll ask my bank to give me a small loan of $20 million. I’m sure they will not laugh in my face and tell me to go fuck myself.
ReanuKeeves@lemm.ee 3 days ago
The guy I had told me to pull myself up by the bootstraps and I ended up finding $20 mil in my sock
don@lemm.ee 3 days ago
Power of hard work and sacrifice right there, a true testament to the spirit of capitalism. If you can, all can.
OhStopYellingAtMe@lemmy.world 3 days ago
Maybe If you cut back on morning coffee and avocado toasts, you wouldn’t need a $20 million loan.
Karyoplasma@discuss.tchncs.de 3 days ago
The way economy is heading, this might be an accurate statement.
henfredemars@infosec.pub 3 days ago
Have you tried asking mom and dad?
boonhet@lemm.ee 3 days ago
Nah, they’ll laugh at first, but then you’ll get taken upstairs and Jamie will open a bottle of your favorite Tequila, telling you that he thinks you need an even bigger credit line than you applied for.
Wait, you don’t run a wildly unprofitable company “worth” several billion dollars? Welp, sounds like a you problem.
Karyoplasma@discuss.tchncs.de 3 days ago
Not a me problem. I blame my parents for trying to be good humans and teaching values instead of just enslaving people in apartheid-ridden emerald mines.
Lucidlethargy@sh.itjust.works 3 days ago
Just ask your Dad, dude.
youtu.be/XE0nOfTA3pY