no smurfy. it has to begin with D
dirt
Too many word association games, too few brain cells!
Dirt
Trash
OK, let's go over the rules again. The answer has to begin with the last letter of the previous word and has to have an association. (I can't see one between valley and yacht).
So, it's back to Trash.
Hobo
Endorsed.
Didn't even need my thesaurus
docketed
i love my thesaurus