Is a timeshare an investment or a bad move?
I have recently looked into picking up a timeshare in a few areas we like to go for vacations with my kids being young (3 1/2 and 3 months old), the prices are way cheaper then hotels if you think about it and then it would force me to take a few more vacations (My wife would be happy).
My question is are these really investments? I am looking at one 2 miles from Disney with a week at the end of May, we would use this every year probably until my kids are teens but will I even get any money out of it after that? Or will I be stuck with it like these people selling them now that are almost giving them away?
I hope someone on here has some experience with timeshares and can give me some advice or feedback, I also have never done one before but from what I can read you just pay the yearly HOA fee and that's it. Seems to good to be true.
Thanks BP!