Many young people are attracted to the concept of vacation timeshare plan, particularly at a tropical location. After reading the text about timesharing, are you more or less likely to invest your money this way? Why, or why not?
A vacation time share involves initial up-front payment and
yearly or periodic maintenance fees for the vacation.
I feel it is a poor investment because this investment might force
you to revisits the same holiday destination again and again.. Even
if you miss the vacation planned due to unctrollable factors yet
you have to keep paying the fees, if it is non-deeded timeshare you
cannot even rent the holiday property to somebody else. Moreover
tropical locations are usually far off which will include air fares
or other transportation costs which further escalate the cost. It
is mere luxury and not value for money.
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