2007-01-05 08:45:09 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
NO! NO! NO!
2007-01-05 09:05:24 · answer #1 · answered by Feeling Mutual 7 · 1⤊ 0⤋
Time shares are a terrible "investment". However, if you find a time share in an area that you would enjoy visiting each and every year, try to find someone who's selling their time share (you can often find them for 1/2 what the developer/manager is asking.)
If you do get stuck with, er, I mean buy a time share and you want to visit someplace else, look on the web for time share swaps and trade your vacation with someone else.
But before you make the leap, compare the price of the time share with the price of a luxury hotel room in the same area. You might find that it's cheaper to just rent a hotel room. You'll have the added benefit of taking the vacation whenever you want and you can go to other places.
The only people that make money on time shares are the developers/managers.
2007-01-05 21:34:32 · answer #2 · answered by kykdidge 2 · 0⤊ 2⤋
No, I bought one and gave it away. You will almost never make what you bought it for. You may get some wonderful vacations though.
2007-01-05 17:15:36 · answer #3 · answered by Nelson_DeVon 7 · 1⤊ 1⤋
A strong BUY!!
2007-01-05 16:47:46 · answer #4 · answered by ragnar1002000 2 · 0⤊ 2⤋