f r a c t i o n a l o w n e r s h i p 108 FABLES Spring 2008 FABLES Spring 2008 109 Photo credit here please 110 FABLES Spring 2008 Plain sailing: owning a luxury yacht outright does not make sound financial sense for most potential buyers, who have limited timed in which to use it. With fractional ownership, you’re not paying for time spent on land Photography: (previous page) Getty Images