Time Share Ownership Advice

[uaremymuse]

No, I meant to say what I said. And I would agree with your comment above about travel being on the ledger side. Travel is not an investment. It’s an expense as you correctly point out, an expense that pays dividends in joy, happiness, fun, education, and maybe even in health. But you asked about TS’s, not travel. My point is that used properly by those who are going to travel, they can definitely be an investment and should be mentioned by an astute financial planner to save his client money (sometimes significant amounts of money). TS’s can be a very useful tool in reducing costs, i.e., an investment.

Then I guess I’d like to understand in practical theory how earning and saving can be mutually exclusive.


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[turkel]

You titled this thread

Time Share Ownership Advice

You were not looking for advice. Nor were you looking to give advice. Your posts have been argumentative and structured in such a way as we are all supposed to believe your the smartest guy in the room.

Your motivation for starting this thread.......

Definition of the word troll “ a person who intentionally starts a provocative post“

Since your really were not looking for advice but to argue your point I believe the definition suits.

Enjoy your investment vacation club.

Most on Tug will continue to enjoy their timeshares. They are an investment in quality of life some a bargain some expensive. Clearly as a timeshare site most who post here enjoy timeshares as owners, former owners, renter, or buyers.

 

[DavidnRobin]

Timeshare is one word. Just like [sorry, I should be more kind...]

It my earlier post (one with sunset photo from our OF villa at WKORV) - I gave two concrete examples that were in response to OP. A question such as that leads to binary thought - and the various aspects of TS ownership are far from binary.

Yes and No.
Depends.
(like that...)

The question should be more along the lines, such as - when is it a good financial decision to own a TS?


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[uaremymuse]

You titled this thread

Time Share Ownership Advice

You were not looking for advice. Nor were you looking to give advice. Your posts have been argumentative and structured in such a way as we are all supposed to believe your the smartest guy in the room.

Your motivation for starting this thread.......

Definition of the word troll “ a person who intentionally starts a provocative post“

Since your really were not looking for advice but to argue your point I believe the definition suits.

Enjoy your investment vacation club.

Most on Tug will continue to enjoy their timeshares. They are an investment in quality of life some a bargain some expensive. Clearly as a timeshare site most who post here enjoy timeshares as owners, former owners, renter, or buyers.

You’re absolutely incorrect. I was looking for advice based on my prior knowledge. Knowledge is dynamic and not static. And I wanted to know if anyone has found that owning TSs made any sense. And I received a plethora of great answers notwithstanding a very few who are busy trying to second guess the intentions of my post, like you just did. As I’ve said to others like yourself, go sell your newspapers elsewhere as I’m not buying today.


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[Rolltydr]

Timeshare is one word. Just like Troll...


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I guess this proves he is definitely not the smartest guy in the room. The @turkel post above is why I added the guy’s name to my ignore list several days ago. He only wanted to argue, not have a conversation with knowledgeable and experienced people who disagree with him.

 

[uaremymuse]

Timeshare is one word. Just like Troll...


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Actually, both time share or timeshare is used interchangeably. And troll is a person who makes a deliberately offensive or provocative online post, which thankfully a very few have done on this exchange.

If you have anything meaningful to add to the discussion please feel free to let us know. How about some beautiful photos of your family trips?


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[uaremymuse]

I guess this proves he is definitely not the smartest guy in the room. The @turkel post above is why I added the guy’s name to my ignore list several days ago. He only wanted to argue, not have a conversation with knowledgeable and experienced people who disagree with him.

Yes, I agree with your assessment of the poster to whom you responded.


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[CalGalTraveler]

You, and a very few others, seem to want to change my original post into something it’s not. The post stands on its on. There was no agenda, no hidden malicious intent, etc. One person even in a passive/aggressive post suggested that I was trolling the board which is laughable on a number of levels to which I chose not to respond. As I’ve stated many times, there are many who have shared their TS ownership history of enjoyment and that’s wonderful. I can’t question anyone’s happiness or their justifications for ownership. If it works for them it works, period. Some of the responses to my posting were from owners with beautiful family stories which were quite enjoyable to read about. The photos they offered buttressed their wonderful life experiences.

So please stop with the provocative statements and the vacuous inferences. There’s no justification for either in a civil discussion. I have my opinion as does everyone else and that’s what makes the world go round. As with most discussions, one can enjoy reading 99.99% of the responses, the others are just noise and not worthy of responding to and for a number of reasons.

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I did not try to change your original post. I (and several others) gave you several solid examples of TSs that are cost effective situations and you completely ignored them. You then went on to rave about your mystery vacation club.

When I google "Vacation Investment Clubs" I get names like Inspirato and fractionals. Are you saying the owners of fractionals like Ritz Aspen who are suing because their investment nose-dived that this was a good investment? We were approached several times by Inspirato. $17k to join (which is is completely lost if you leave) and several thousand a year to use? How is that more cost effective than a resale TS?

If it is an equity investment: I find such real estate investments risky and they lack liquidity. Why lock up $100 - $500k in capital when I can get a TS for $12k in Hawaii? I could buy several resale TS weeks...and put the rest in a safe CD or index fund which are liquid and offer a higher return.

You cannot lose money you haven't spent. Tying up $100 to $400k into a fractional "investment club" is risky vs. risking $12k in a TS is not (which I will probably get back because Maui OF is desirable and can rent for a profit). I am GUARANTEED not to lose more than $12k on my resale TS deal. Can you say the same about your $100k+ vacation investment club?

So unless you can offer something more concrete about your mystery "vacation investment club." I call BS.

 

[DavidnRobin]

I edited my post above...

When I see too many words written when a few sentences will do - I am colored doubtful.

Why ask a binary question (as the OP) when the response that cannot be binary.

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[uaremymuse]

I did not try to change your original post. I gave you several solid examples of TSs that are cost effective and you completely ignored them. You then went on to rave about your mystery vacation club.

When I google "Vacation Investment Clubs" I get names like Inspirato and fractionals. Are you saying the owners of fractionals like Ritz Aspen who are suing because their investment nose-dived that this was a good investment? We were approached several times by Inspirato. $17k to join (which is is completely lost if you leave) and several thousand a year to use? How is that more cost effective than a resale TS?

If it is an equity investment: I find such investments risky and they lack liquidity. Why lock up $100 - $500k in capital when I can get a TS for $12k in Hawaii? I could buy several weeks...and put the rest in a safe CD or index fund which are liquid.

You cannot lose money you haven't spent. Tying up $100 to $400k into a fractional "investment club" is risky vs. risking $12k (which I will probably get back because it is desireable and can rent for a profit) is not. I am GUARANTEED not to lose more than $12k on my resale TS deal. Can you say the same about your $100k+ investment club?

So unless you can offer something more concrete about your mystery "vacation investment club." I call BS.

I did not try to change your original post. I gave you several solid examples of TSs that are cost effective and you completely ignored them. You then went on to applaud your mystery vacation club.

When I google "Vacation Investment Clubs" I get names like Inspirato and fractionals. Are you saying the owners of fractionals like Ritz Aspen who are suing because their investment nose-dived that this was a good investment? This is TS on steroids. We were approached several times by Inspirato. $17k to join (which is is completely lost if you leave) and several thousand a year to use? Thank you but this is not a good investment.

So unless you can offer something more concrete. I call BS. There is nothing FUN that is a good investement.

Actually you’ve tried to change my post into something it isn’t, “a critical attack on TS owners.”

So not responding to things you’ve said, like your “solid examples of.....” is construed as ignoring you? Wow is all I can think to say. You’re a bit sensitive I’d say about your expectations in a discussion forum. So if a person writes something, the poster is expected to respond to each and everything that person writes? And if they don’t respond that’s considered ignoring what they have stated or diminishing their comment? Are you serious? How old are you? And your overly dramatic fashion in stating something has no other intention than to inflame, ie “applaud.....”. Does that make you feel good when you do that? What’s your intent with provocative and dramatic statements like that that bear no significance to the discussion?

You also have a tendency to make assumptions about things I’ve said or to infer something that I never said, ie I never said the Ritz was a good investment yet you say that I did. Why? Go back and read what I said and read it very carefully.

I don’t know anything about the google search that you did and as I said many times, I’m not going make recommendations nor discuss my vacation investment club even though you continue with your tiresome requests. And the fact that you’d tell a perfect stranger that they are speaking BS speaks volumes about the person who says something as ridiculous as that. As I’ve stated before, ad hominem and 4 letter use word attacks are a basis for ignorance. I’m not buying your newspaper. Find someone else to sell it to.


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[uaremymuse]

I edited my post above...

When I see too many words written when a few sentences will do - I am colored doubtful.

Why ask a binary question (as the OP) when the response that cannot be binary.

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Yea, I agree. It really makes the brain hurt.


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[CalGalTraveler]

Can anyone explain to me how it makes financial sense to own a time share?


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Boom...This was your initial request. We respectfully gave answers that provided situations that work but you continued to argue and ignore. You went on to tell us how bad an investment ALL timeshares are because you picked a bad TS - so that must mean all TS are bad. You went on to rave about your mystery vacation investment club.

This is not sensitivity. This is called responding to your post.

I believe you are a rep for such a fund, and cannot by SEC rules solicit investments online and thus don't want to risk revealing your identity by naming the investment club.

Enjoy your superior "vacation investment club" and tell us about your return when you want to liquidate your investment, or when the management of the investment club dramatically increases maint fees when the developer subsidy ends...

I'll enjoy my low cost resale timeshares in Hawaii and continue to put the capital I have saved into stock market index funds, and not tie it up in expensive and risky "vacation investment clubs" .

 

[Iggyearl]

Five years on this website, and I never thought I would hit the "ignore" button. Just did.

 

[uaremymuse]

Boom...This was your initial request. We respectfully gave answers that provided situations that work but you continued to argue and ignore. You went on to tell us how bad an investment ALL timeshares are because you picked a bad TS - so that must mean all TS are bad. You went on to rave about your mystery vacation investment club.

This is not sensitivity. This is called responding to your post.

I believe you are a rep for such a fund, and cannot by SEC rules solicit for investments online and thus don't want to risk revealing your identity by naming the investment.

Enjoy your superior "vacation investment club" and tell us about your return when you want to liquidate your investment, or when the management of the investment club dramatically increases maint fees when the developer subsidy ends...I'll enjoy my low cost resale timeshares in Hawaii and continue to put the capital I have not tied up into expensive and risky vacation investment clubs into stock market index funds.

I’ve been with them for 12 years and I have already liquidated my first investment. I’m sorry that you haven’t been contacted by this firm but I guess you aren’t on their radar. All the best and please stop messaging me. We have nothing further to discuss.


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[uaremymuse]

Five years on this website, and I never thought I would hit the "ignore" button. Just did.

I agree. Same here.


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[CalGalTraveler]

I’ve been with them for 12 years and I have already liquidated my first investment. I’m sorry that you haven’t been contacted by this firm but I guess you aren’t on their radar. All the best and please stop messaging me. We have nothing further to discuss.


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LOL we are contacted by a lot of investment firms...they go straight to the round file.

 

[uaremymuse]

LOL we are contacted by a lot of investment firms...they go straight to the round file.

I asked you to please stop messaging me. Now it’s bordering on harassment.


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[dagger1]

Then I guess I’d like to understand in practical theory how earning and saving can be mutually exclusive.


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Please tell me when I have said they are mutually exclusive? You have to earn to save. But many people earn and save nothing. Nobody earns nothing and saves...
Point being that earning is great: but saving is the key, the ingredient for investing. And TS’s are a fabulous savings tool, allowing an astute traveler to spend less, in many cases much less than a non-TS traveler. Thus increasing net worth, i.e., an investment.

 

[CPNY]

I guess timeshares are a lot like boats, not the best “investments” but you get a lot of great use out of them and when you sell both you feel liberated lol.

 

[uaremymuse]

I guess timeshares are a lot like boats, not the best “investments” but you get a lot of great use out of them and when you sell both you feel liberated lol.

Spoken like a great TS salesmen. Oops, salesperson.


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[uaremymuse]

Please tell me when I have said they are mutually exclusive? You have to earn to save. But many people earn and save nothing. Nobody earns nothing and saves...
Point being that earning is great: but saving is the key, the ingredient for investing. And TS’s are a fabulous savings tool, allowing an astute traveler to spend less, in many cases much less than a non-TS traveler. Thus increasing net worth, i.e., an investment.

That’s exactly what I said in response to your first post but you disagreed with me and now you’re agreeing with me. Funny.


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[CPNY]

Spoken like a great TS salesmen. Oops, salesperson.


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Facts are facts. If you own in the right system it can work out quite well for you. If you have a lemon with mediocre resorts that no one wants to rent then it’s harsh. I love my choices and use them multiple times a year.

 

[dagger1]

That’s exactly what I said in response to your first post but you disagreed with me and now you’re agreeing with me. Funny.


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I just reread your response to my first post, and nowhere did you agree with me that timeshares can be a great investment for travelers. But I guess, now that you agree with me and I agree with you and we agree with each other etc. etc,, you have agreed that timeshares can be a great investment for those who travel. It’s great that you now see the financial wisdom of timesharing for the traveling public.

 

[uaremymuse]

I just reread your response to my first post, and nowhere did you agree with me that timeshares can be a great investment for travelers. But I guess, now that you agree with me and I agree with you and we agree with each other etc. etc,, you have agreed that timeshares can be a great investment for those who travel. It’s great that you now see the financial wisdom of timesharing for the traveling public.

Haha. My original response was regarding your comment about earnings and savings. I never responded to your comments about your travel comments. My second response was about your statement regarding earnings and savings. The same issue I first responded to, to which you agreed with on the second pass.

I don’t see TS as being an investment in the typical use of the word in the financial/investment community. Is it an investment in having enjoyable vacations as many have expressed here? Yes, I think that’s abundantly clear.


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[uaremymuse]

Facts are facts. If you own in the right system it can work out quite well for you. If you have a lemon with mediocre resorts that no one wants to rent then it’s harsh. I love my choices and use them multiple times a year.

What system is that?


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