Timeshare Users Group Forums
TUG Links external to TUG BBS:    TUG Home| TUG Resort Databases| Marketplace | TUG Help | Advice | Join TUG  

Timeshare Users Group Bulletin Board
Go Back   Timeshare Users Group Forums > General Discussion > TUG Lounge
Log into the TUG BBS:

TUG Lounge The place for all discussions that don't fit into the other defined forum areas. Posts discussing politics, religion, and controversial social issues that are not directly related to timesharing are not permitted.

GLOBAL ANNOUNCEMENTS
TUG Turns 20 Years Old! Read More

Free Timeshare Exchanges on TUG! View current exchanges!

Free TUG Newsletter! Sign up today!

TUG Banner Travels the World! Follow the Banner!

 
Forum Jump


Reply « Previous Thread | Next Thread »
 
Thread Tools Search this Thread Display Modes
Old March 30, 2008, 10:54 AM   #1
dioxide45
 
dioxide45's Avatar
TUG Member
 
BBS Reg. Date: May 20, 06
Location: Ohio
Posts: 15,876

Resorts: Marriott's Grande Vista, Marriott's Harbour Lake
[2008] Suze Orman Advice on Timeshares

On last night's show, Suze had a caller that had purchased a TS while on vacation in Orlando four years ago for $7000. Her advice was very limited. She suggested what would sound like upfront fee companies but discounted them indicating that she didn't think anyone actually bought from the companies you always see advertised. She more or less told the caller that they were stuck with their purchase.

I usually agree with her advice and Tivo her show every week. I think her knowledge in this area was limited. Her advice is to never buy one in the first place.

I remember late last year she had a caller on her Can I Afford It segment that wanted to buy a $100,000 Whistler TS. The caller had gobbs of money so she indicated that they could afford it, though she thought it was a bad idea. She really should have also suggested that they look in to the resale market and save $$$ over what they were going to pay developer.
dioxide45 is offline   Reply With Quote
Old March 30, 2008, 03:39 PM   #2
grest
TUG Member
 
BBS Reg. Date: Jun 8, 05
Location: Ocala, FL
Posts: 1,675

Resorts: Mt. Amanzi, Strand Pavilion, Seapointer, Place on the Bay
I was surprised too...I was expecting her to mention the resale market, or maybe even TUG..
Connie
grest is offline   Reply With Quote
Old March 30, 2008, 03:47 PM   #3
TUGBrian
Administrator
 
TUGBrian's Avatar
TUG Lifetime Member
 
BBS Reg. Date: Mar 24, 06
Location: Florida
Posts: 9,718
http://www.suzeorman.com/igsbase/igs...tsuze&GnavID=7

=)
TUGBrian is online now   Reply With Quote
Old March 30, 2008, 04:51 PM   #4
judyjht
 
judyjht's Avatar
TUG Member
 
BBS Reg. Date: Jun 6, 05
Location: Otisfield, Maine
Posts: 1,061

Resorts: Briarwood (Cape Cod) Weeks 33 & 34
I sent her an email and invite her to join us - maybe she will and we can teach her a few things. I love her show.
__________________
"If you can think of it - I can find it!"

Judith S. Peacock
judyjht is offline   Reply With Quote
Old March 30, 2008, 04:56 PM   #5
JoeMid
Guest
Guest
 
Posts: n/a
She's a ditz.
  Reply With Quote
Old March 30, 2008, 04:59 PM   #6
lprstn
 
lprstn's Avatar
TUG Member
 
BBS Reg. Date: Sep 14, 07
Posts: 2,563

Resorts: Wyndham Bali Hai Villas (759,000 pts) Wyndham Kona (231,000 pts EOY) Sheraton Vistana (Fountains) Presidential Resort,
I think some of her advice makes sense, however everyone's situation is different and some of us like to live and save...or may do what's considered to her risky. So I listen with an opened mind and do what's best for me.
__________________
You only ever get one life - so don't wait, live it now!
lprstn is offline   Reply With Quote
Old March 30, 2008, 06:24 PM   #7
derb
 
derb's Avatar
TUG Member
 
BBS Reg. Date: Jun 6, 05
Location: Coral Springs, Florida
Posts: 817

Resorts: HGVC Flam, S Gate Villas, Blue Ridge (2), Polo Towers,HI LV Desert Club (2), Gat Town Sq, Grandview (2)
The truth is, any tug member online for over 6 months knows more about the economics of timeshares than any so called media experts.
derb is offline   Reply With Quote
Old March 30, 2008, 06:34 PM   #8
Steamboat Bill
Guest
Guest
 
Posts: n/a
Quote:
Originally Posted by derb View Post
The truth is, any tug member online for over 6 months knows more about the economics of timeshares than any so called media experts.
I would shorten that to about 1 month.
  Reply With Quote
Old March 30, 2008, 06:44 PM   #9
Brett
Guest
 
BBS Reg. Date: Jun 6, 05
Location: Newport News, Va.
Posts: 365

Resorts: Williamsburg
Quote:
Originally Posted by derb View Post
The truth is, any tug member online for over 6 months knows more about the economics of timeshares than any so called media experts.
Quote:
Originally Posted by Steamboat Bill View Post
I would shorten that to about 1 month.
Isn't that the truth. makes you wonder about the rest of the advice of "so called media experts" !
Brett is offline   Reply With Quote
Old April 11, 2011, 01:08 AM   #10
mimo0314
Guest
 
BBS Reg. Date: Apr 11, 11
Posts: 1
Any one who logs onto e-bay and looks at timeshares knows the actual resale value of a timeshare. 0 can't be given away. The only investment that has 100% depreciation once you leave the showroom floor.
mimo0314 is offline   Reply With Quote
Old April 11, 2011, 02:18 AM   #11
Ken555
 
Ken555's Avatar
TUG Member
 
BBS Reg. Date: Jun 7, 05
Location: Los Angeles
Posts: 6,323

Resorts: Westin Kierland, Sheraton Desert Oasis
Google is your friend. From 2007:

http://www.oprah.com/money/Getting-O...fter-a-Breakup

Quote:
Time-shares are notoriously difficult to make money on. Check out sites like the Timeshare User's Group (Tug2.net) and eBay, both popular places to list time-shares for sale.
Ken555 is online now   Reply With Quote
Old April 11, 2011, 08:01 AM   #12
1950bing
Guest
 
BBS Reg. Date: Apr 9, 07
Posts: 475
I thought her advice was good.

Last edited by 1950bing; April 11, 2011 at 11:04 AM.
1950bing is offline   Reply With Quote
Old April 11, 2011, 08:07 AM   #13
Fletch
 
Fletch's Avatar
TUG Lifetime Member
 
BBS Reg. Date: Jun 6, 05
Location: Central Florida
Posts: 497

Resorts: DVC points, Solaris in Cancun, Foxrun, Inverness
Although I don't mind her show, people like her live in a bubble. I know alot about housing and short sales and I have heard her advice on parts of that , that were way off base. She knows what she hears, not what she learns in the real world. 80% of her advice is common sense, thats all !


Quote:
Originally Posted by JoeMid View Post
She's a ditz.
Fletch is offline   Reply With Quote
Old April 11, 2011, 08:38 AM   #14
DeniseM
Moderator
 
DeniseM's Avatar
TUG Lifetime Member
 
BBS Reg. Date: Jun 6, 05
Location: Northern, NV
Posts: 38,039

Resorts: Starwood-WKORV, SDO, & SVR, Roark Vacation Club, Kingsbury Crossing, 5 X Kauai Beach Villas, Edinburg Residence
Please note that this thread is from 2008 and was brought out of mothballs by a newbie...
__________________
Aloha!
DeniseM
TUG Moderator

my webpage
DeniseM is online now   Reply With Quote
Old April 11, 2011, 08:42 AM   #15
AwayWeGo
 
AwayWeGo's Avatar
TUG Member
 
BBS Reg. Date: Jun 6, 05
Location: McLean (Fairfax County), Virginia, USA.
Posts: 12,210

Resorts: Cypress Pointe Resort (Orlando FL), Vacation Village At Parkway [points] (Kissimmee FL).
. . . Not That There's Anything Wrong With That.

Quote:
Originally Posted by DeniseM View Post
Please note that this thread is from 2008 and was brought out of mothballs by a newbie...
Shux, some of us oldsters on TUG-BBS would rather revive dormant discussion topics than start up new ones willy-nilly.

( Just saying. )

-- Alan Cole, McLean (Fairfax County), Virginia, USA.
__________________
Timesharing since 2002. Retired since 1998.
Tobacco-free since November 16, 1968.
Married to
The Chief Of Staff since 1964.
Playing horn since 1955. Breathing air since 1942.
AwayWeGo is offline   Reply With Quote
Old April 11, 2011, 08:45 AM   #16
pwrshift
 
pwrshift's Avatar
TUG Member
 
BBS Reg. Date: Jun 6, 05
Location: Toronto
Posts: 5,212

Resorts: 6 Marriott Weeks (Platinum)
Probably a newbie that got burned.
__________________
"Don't Retire -- Inspire." - Mickey Rooney
pwrshift is offline   Reply With Quote
Old April 18, 2011, 09:37 AM   #17
sally13
Guest
 
BBS Reg. Date: Oct 11, 10
Location: big city
Posts: 387
Suzie....

is more then a ditz...she cost millions of viewers their life savings,by her buy and hold market mantra..she is a patsy for the big banks and gets paid for her (hey girlfriend!) simplicity... to put it plainly...any advice of hers is old and the old rules no longer apply....
sally13 is offline   Reply With Quote
Old November 16, 2011, 01:51 PM   #18
dioxide45
 
dioxide45's Avatar
TUG Member
 
BBS Reg. Date: May 20, 06
Location: Ohio
Posts: 15,876

Resorts: Marriott's Grande Vista, Marriott's Harbour Lake
11/12/2011 Episode

On the November 12th 2011 episode during the #ASKSUZE segment, she had the following question "What are your thoughts on timeshare ownership?"

I found her response rather narrow minded.

"Oh well that's simple. If you have a thought in your head, you will not do it. Honest to god, they are the worst investment, they make absolutly no sense, once you have purchased them you can not sell them. You are not, do you hear me?. You are not not not not to ever to do a time ownership, such a waste of money a timeshare ownership"
dioxide45 is offline   Reply With Quote
Old November 16, 2011, 03:11 PM   #19
klpca
 
klpca's Avatar
TUG Member
 
BBS Reg. Date: Sep 11, 06
Location: Southern CA
Posts: 1,422

Resorts: Marriott, Starwood, Grand Pacific, PBSB, Donatello, Maui Lea
Quote:
Originally Posted by dioxide45 View Post
On the November 12th 2011 episode during the #ASKSUZE segment, she had the following question "What are your thoughts on timeshare ownership?"

I found her response rather narrow minded.

"Oh well that's simple. If you have a thought in your head, you will not do it. Honest to god, they are the worst investment, they make absolutly no sense, once you have purchased them you can not sell them. You are not, do you hear me?. You are not not not not to ever to do a time ownership, such a waste of money a timeshare ownership"
While I agree with you about the narrow mindedness of her comments, some folks probably shouldn't own timeshares. There's a learning curve to utilize them efficiently, and some people don't want to spend that time. I think that Suzy's audience includes a lot of those folks.
klpca is online now   Reply With Quote
Old November 16, 2011, 03:23 PM   #20
chalee94
TUG Member
 
BBS Reg. Date: Jan 3, 09
Location: NC
Posts: 612

Resorts: DVC-OKW; Lake Lure
Quote:
Originally Posted by klpca View Post
While I agree with you about the narrow mindedness of her comments, some folks probably shouldn't own timeshares. There's a learning curve to utilize them efficiently, and some people don't want to spend that time. I think that Suzy's audience includes a lot of those folks.
+1

if someone loves to travel (or has the time, savvy and energy to try to rent their weeks), then they should come here and invest 3-6 months in researching a purchase.

for all those with short attention spans, or who just aren't willing to investigate a potential purchase, suzy's answer was a reasonable soundbite...
__________________
-Charles
chalee94 is offline   Reply With Quote
Old November 16, 2011, 03:40 PM   #21
MOXJO7282
TUG Member
 
BBS Reg. Date: Jun 6, 05
Location: KINGS PARK, NEW YORK
Posts: 3,805

Resorts: Maui MOC 2BD OF(2),2BD OV(2),Myrtle Bch Pl OF(2),GO HHI Gold OF(2),Newp Bch NCV Pl(2),Monarch w40,Cust Hs Pl EOY, HBR P
TSing is becoming more and more for the experienced owner. Keep in mind Tuggers make up a very small portion of TS owners. The vast majority of owners are much, much less TS knowledgeable.
__________________
Regards.
Joe
www.cambrafamily.com
MOXJO7282 is offline   Reply With Quote
Old November 16, 2011, 04:25 PM   #22
timeos2
 
timeos2's Avatar
TUG Lifetime Member
 
BBS Reg. Date: Apr 11, 05
Location: Rochester, NY
Posts: 11,183

Resorts: Now Cypress Pointe w/Diamond Club,Cove@Yarmouth Former: RCI Points Rayburn Country, DVC/Wyndham - Wastegate gone gone!
Quote:
Originally Posted by MOXJO7282 View Post
TSing is becoming more and more for the experienced owner. Keep in mind Tuggers make up a very small portion of TS owners. The vast majority of owners are much, much less TS knowledgeable.
Well stated. As irritating as she is for most her advice about timeshare is right on.
__________________
John Chase

ADOPT A TIMESHARE!
BUY RESALE!

Proudly Microsoft & Apple free with WebOS, Droid Samsung S4 & Verizon Wireless - DW w/Chromebook

timeos2 is offline   Reply With Quote
Old November 17, 2011, 07:20 AM   #23
carl2591
 
carl2591's Avatar
TUG Member
 
BBS Reg. Date: Jul 4, 05
Location: Raleigh NC
Posts: 1,291

Resorts: TUGGER since '99 Sudwala Lodge 9 TP , Presidential Villa at Plantation Resort :)
clark howard mentions TUG all the time...

I have been listening to Clark Howard for a good many years on radio myself. He has and does mention TUG on a regular basis when getting calls about how to get rid of timeshare. I am not sure if you has actually owned TS but seem to be very knowledgeable on the subject.

Suzzie is not as informed, on TS and other stuff, and show by comments made to callers. i don't really listen to her much due to her lack of knowledge on a lot of stuff.. girlfriend..

smells like moth balls in here... was this in a storage locker... wonder if brandi and jerrod bid on it.. looks like something they would buy... "Storage Wars" on A&E channel.. love that show Barry is very cool..
__________________
Carl
carl2591 is offline   Reply With Quote
Old November 17, 2011, 04:02 PM   #24
post-it
 
post-it's Avatar
TUG Member
 
BBS Reg. Date: May 27, 09
Location: Diamond Bar, Ca
Posts: 511

Resorts: Ka'anapali Beach Club
I find this topic interesting since I've also wondered what Suzi would think if I called in about a TS purchase.

If I could have a do-over after being on TUG:

Purchase re-sale and purchase within a days travel so I wouldn't have to deal with airline tickets if we can't afford the cost.

Otherwise, just happy I found TUG to educate me on how to get the most out of my TS, and advice on great resorts to trade into. I also didn't know how to use II until finding TUG.

Thanks everyone for the advice so far.
__________________

Glenda



post-it is offline   Reply With Quote
Old November 17, 2011, 08:00 PM   #25
timeos2
 
timeos2's Avatar
TUG Lifetime Member
 
BBS Reg. Date: Apr 11, 05
Location: Rochester, NY
Posts: 11,183

Resorts: Now Cypress Pointe w/Diamond Club,Cove@Yarmouth Former: RCI Points Rayburn Country, DVC/Wyndham - Wastegate gone gone!
Quote:
Originally Posted by carl2591 View Post

smells like moth balls in here... was this in a storage locker... wonder if brandi and jerrod bid on it.. looks like something they would buy... "Storage Wars" on A&E channel.. love that show Barry is very cool..
LOVE Storage Wars (and American Restorations, American Pickers & Pawn Stars). Far better than anything new on network television today (Gordon Ramsey the possible exception). Keeps me paying for cable.
__________________
John Chase

ADOPT A TIMESHARE!
BUY RESALE!

Proudly Microsoft & Apple free with WebOS, Droid Samsung S4 & Verizon Wireless - DW w/Chromebook

timeos2 is offline   Reply With Quote
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 01:32 PM.


Powered by: vBulletin Version 3.8.7
BBS Software Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Editorial Content Copyright ©1993 - 2014, Timeshare Users Group
Customized for TUG by Makai Guy.