Why Buying a Timeshare is a Bad Idea
What Happens When Buying a Timeshare
My wife and I went on vacation this past October to Disney World. The family had a great time and I personally was glad to get away from business. We stayed at my parents Orange Lake Resort timeshare, which is just outside of of Disney World. In the over 10 years they have owned it, this is the first time I went there. I never agreed with them on their purchase, and always thought it was a bad decision. After all they paid $10,000 for it, and today the maintenance is $750/year. The resort itself is very nice, has all of the amenities, and is in a great location. My question is wouldn’t it be cheaper to just stay at a hotel, or better yet rent a unit in the resort for that week? The answer is unfortunately yes.
Learn MoreLending Club Review – How to Become a Bank
UPDATE: Lending Club Performance
Did you ever wish when applying for a bank loan, that you were the loan officer sitting on the other side of the table? Well now you can with peer-to-peer (P2P) lending services like Lending Club. They offer a higher rate of return (over 9.6%) than many other traditional investments and you have some ability to manage risk. It’s similar in class to bonds, but is more like if you owned a bank and were the loan officer. You determine which loans you want to approve, and which ones to pass on. Sounds interesting? Keep reading for more details.
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