metzgardesign
Mouseketeer
- Joined
- May 25, 2009
- Messages
- 485
DVC is an investment [not in the traditional sense], if you lay out "x" amount of dollars and are able to to vacation for 40+ years; investment + dues you're ahead of the game within 10 years, depending upon your accommodations. As a stockholder, my annual dividend pays for our dues and our APs, and I have have some spending money left over. Investment's are not singular, but more how you bundle them to get the best ROI.
That is not an investment. That is pre-paying for an expected vacations. You will never make a return on your DVC contract. You may lower the cost of a vacation but that does not make your contract an investment. You are buying into a timeshare. You do not "own" the unit in the same way you own a vacation condo. Yes it is deeded but it's time restricted and expires no other type of property investment has such an expiration. And yes you can rent out points or even sell the contract for some funds but that does not make buying the initial contract an investment.
The sales person will push you saying "We have almost sold all units than you won't be able to buy in yada yada" Yet the truth is their are always people selling contracts or renting points. DVC villas are even sold by Disney on a per night basis. I just dislike scheming sales men who tell these families they are buying an "investment in their future".
If DVC works for your families vacation needs that wonderful that's what it's for, to have a vacation. It is not a tool to make money which is why it's not an investment.
Agree 100%. A vacation timeshare will NEVER be an investment (in spite of what sales people tell you). It MAY be (over time....a very long time) a cheaper way to spend entertainment money. But it is not an investment.
Try selling your timeshare and see what kind of return on your "investment" you really get.
You stock shares ARE investments. The timeshare....no.
