One more note on the 10% return on lost investment income. First this is unrealistic. Also if you are putting the money aside for vacations (short term time horizon) then you should not be putting the dollars in any aggressive portfolio to get the 10%. You should be putting the dollars into bonds or a bond fund. This would net you about 3% - 5% return at best. To get the 10% you need to have a 7-10 year time horizon of untouched money to put into an aggressive portfolio.
In my own case I have 400+ points bought in 1999. I have no loan left so with interest, dues, and principal I am at break even this year. During my break even period I saved about 25% - 50% off rack rate per stay. I will now be staying in 1BR BWV villas during the week for $90 a night!! I can barely get the AllStars for that. So I do not understand the folks who say you do not save any money by joining. If you go every year and and plan to for the next 10 - 15 years then it is well worth the purchase.
Dave O.
In my own case I have 400+ points bought in 1999. I have no loan left so with interest, dues, and principal I am at break even this year. During my break even period I saved about 25% - 50% off rack rate per stay. I will now be staying in 1BR BWV villas during the week for $90 a night!! I can barely get the AllStars for that. So I do not understand the folks who say you do not save any money by joining. If you go every year and and plan to for the next 10 - 15 years then it is well worth the purchase.
Dave O.
