Although I rent now, I did have 9 timeshares at 9 different resorts in my early 40s. I bought them mainly for my parents so I could get them off on regular Vacation. As they were very poor, I used to give them flights, spending money, book activities and a week whenever they had a birthday or Christmas. As they got older, they found travelling too cumbersome so I gave them other things. I did use them here and there too and did enjoy them.
As I was spending between 10500 and 11 k a year in MF, exchange fees, RCI fees, etc., I decided to dump them all and just rent. I do try to rent a timeshare first because they are nice places overall and are spacious. If not, I just rent whatever.
As of a couple of years back, I invest the money I used to pay MF and other fees and now use the dividends to travel when I can. Up to about a year ago, I travelled a lot until my dad got sick with Cancer. He has recently passed and now I am holding off a bit to make sure my Mom is fine. Being an only child means it’s really up to me.
I must say the memories I had owning timeshares were wonderful. I especially enjoyed sharing with my parents and I know they built great memories.
Who knows? I may buy again if the situation and terms look right. Of course, it would be resale all the way.
, I am sorry to hear the loss of your husband. It sounds like he was quite young. I am glad to hear you and him had wonderful vacationing memories. Its those memories that becomes so priceless especially when they pass on. From reading many of your posts, I can tell that you are a wonderful person. He was a very lucky man to have someone like you.
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