I recently came across a great video that proves my point that timeshares are just a bad investment all around, as I shared with you in my story. Timeshares have cost me thousands of dollars and I’m only doing this to help spread the word that they are a bad investment but don’t take my word for it hear what Dave has to say as well.
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Need I say anymore.
{ 2 comments… read them below or add one }
I’ve always heard they were but it wasn’t until 2008, when I heard Dave Ramsey explain why, that I truly understood. “Timeshares are bad…MmmmKay.” LOL
I am glad you got out of it finally even though it may have come at a prety big loss.
if you travel like i do, and vacation more than 2weeks a yr, theyre great! theyre vacation clubs…not investments…this guy is right but wrong about unhappy stats…if you own in a TRADABLE place and use it for travel to places like Hawaii/Vegas/HiltonHead/Europe..ect then youll love a timeshare…i pay less than $300 for weeks in the Caribbean in ridiculous condos, at amazing resorts…where can you do that? 3weeks in Caribbean last year in spring for $1000..full kitchen, water view, jacuzzi in room..this guy probably doesnt know his kids 1st name, vacations are more important to my family than some stock or real estate. what is a good investment there dave? lol NOTING! so enjoy life and travel a bit, you only live once! P.S. you can buy a timeshare for $8000. maintinace one every 3yrs, unlimtited weekly travel for $300 per week anywhere, anytime…i love it! if you love your family enough to travel and experience new things and stay in great places for nothing…ITS A GREAT INVESTMENT!! if you buy one to make $$ and sell in the future, your a moron! dave has a point, unless you love to vacation more than twice a year!! buy in a low supply(not orlando) and high demanded place that sells weeks! Hawaii/Hilton Head/Key West/Mann,NY…Spinnaker/Hilton/Marriott