Are You Selling your DVC in 2009?

[BWV Dreamin]

There has been much discussion about the state of the economy, possible trip cancellations, and second thoughts about new purchases. How many are considering selling their DVC after the first of the year?

 

[CraftyMouse]

No way, no how!

The only way I'd sell my points is if I absolutely had to. Fortunately, we're not in the position so no selling for us.

 

[kimberh]

Thank goodness, the sky is still blue. No, I am taking a beating on the Stock Market. I just opened some of my statements. It almost made me sick. Years of profit are gone. I have no plans to sell!

 

[DisDaydreamer]

Hey Ms. Hope.... Only if my employer goes under will I sell, but at this point in time... it is something I have to be ready to do. It is very possible.

 

[Buckeye Fan]

Not unless I have to sell. I think if things got really rough, I would look to rent out points first.

 

[wdw4life]

I have no plans to sell. I actually plan on buying more points.

 

[Geezer]

It seems like a dumb thing to do right now. I have no plans to sell, and think if everyone is going to panic over every little thing like this, our economy will never recover. I think everyone should settle down and use common sense and all this will pass.

 

[disneybass]

That ain't going to happen! DVC and WDW always bring a smile to my face. And at this point I think we all need something to smile about!

 

[jlewisinsyr]

There is less than a .1% chance of this happening. We have lost a significant amount of money this year, we're talking about in the range of about 40%, but we're still great in terms of our overall finances.

 

[TheDISneyFamily]

No! It would have to be a last resort... no pun intended!

 

[dianeschlicht]

Yes, our 401Ks are down, yes our stocks are plumeting, but our mutual funds and investment advisor has done will with what we have, and we still saw growth this year. I agree that reacting in panic is no way to handle this situation. In times of trouble and stress, entertainment is the one thing people put a high priority on. It keeps us sane through the hard times. No, we don't ever plan to sell our DVC now or in the future!

 

[5 for WDW]

The thought has never crossed our minds. Hopefully, it never has to.

 

[ACDSNY]

We're in the process of selling 2 small contracts now, 1 is already sold and will close in Nov. We didn't put these contract up for sell because of the economy, but because we wanted to start a new UY. If the second contract doesn't sell over the next several months, then we'll just keep it and purchase a few less points at the GCV.

 

[bradisgoofy]

Things would have to get a lot worse, for us, to consider selling. As long as I can pay my monthly fees it only cost me gas money to get down there and back. We've got to eat here, so food cost is a wash. Like it has been said before, DVC/WDW is our oasis from the real world.

 

[DVC Mike]

Absolutely not!

Just because my 401(k) and IRA balances have dropped is no reason to sell.

The only reason to sell would be if I desperately needed cash right away, however the problems on Wall Street haven't stopped my pay checks.

It would also be a bad decision to sell DVC when demand may be falling, as you wouldn't get the best price.

 

[Princess_Melanie]

We're definatley not selling!! I just lost my job but luckily my partner has an excellent one so we're not in trouble, and I'll find something else pretty soon I'm sure. We need the time to get away from work and pressures and luckily we can still afford a vacation or two...the December trip is already paid for/saved for anyway.

 

[jimmytammy]

Like the Beaches and Cream concoction, NO WAY JOSE

 

[edk35]

NOPE not here.........not happening.

 

[Anal Annie]

I suppose I should never say never...but for now, we're actually even more relieved to own DVC. I lost my job 8 months ago - but at least we feel like with DVC we can still get away without feeling TOO guilty. Because most of our vacation last summer was already booked with points and we had AP's to use we didn't feel like it was a necessity to cancel. I had a lot of people ask me if we would cancel our vacation but it didn't really make sense. We already had the cruise covered with points, we had the AP's to use & our airfare had been booked pre-layoff etc. I actually didn't feel like we were doing anything wrong by going. We overspent while we were THERE, but...

Anyway, for now, we're still planning to go next August...probably not before then tho. And for the first time, depending on the price of airfare, we may consider driving down. The biggest thing for us will be that we will have to buy new AP's before we go.

 

[Lenc324]

God Bless America.