How right you are, Sky-Guy! My total losses so far-

1 crab trap, rope, hardware
3, yes 3 broken rods
3 flashers, rigs
1 downrigger ball
various harware- i.e. pliers, clippers, etc.
Countless tanks of gas
Two spun bearings/ruined hubs
1 entire set of trailer lights/wires (shorted and burned)
1 5 wire to 4 wire converter

About $700, best I can figure. Pretty bad dollars spent/fish in freezer ratio this year so far.

My wife keeps telling me to get a membership at Sportco.

It's an expensive hobby.
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Organized people are just too lazy to look for things.