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Updated almost 8 years ago on . Most recent reply

Is a timeshare an investment or a bad move?
I have recently looked into picking up a timeshare in a few areas we like to go for vacations with my kids being young (3 1/2 and 3 months old), the prices are way cheaper then hotels if you think about it and then it would force me to take a few more vacations (My wife would be happy).
My question is are these really investments? I am looking at one 2 miles from Disney with a week at the end of May, we would use this every year probably until my kids are teens but will I even get any money out of it after that? Or will I be stuck with it like these people selling them now that are almost giving them away?
I hope someone on here has some experience with timeshares and can give me some advice or feedback, I also have never done one before but from what I can read you just pay the yearly HOA fee and that's it. Seems to good to be true.
Thanks BP!
Most Popular Reply

Make sure you cover your timeshare with aluminum siding the door-to-door guy sells you, have the driveway paved by a Traveler who just happened to have some extra asphalt from a job in your neighborhood, fill it with furniture from Rent-a-Center, and pay for it all with a payday loan. Then you'll have like the perfect storm.