Originally Posted by Novakm
ELMC, I think you would also agree that for many people, putting money in the stock market has also been an expense. Yes, the market has rebounded, but there are still many people who lost thier life savings because they did not or could not ride it out.
I wouldn't agree for mutual funds. Worst case scenario would be if you put it all in at the high point and sold it at the low point, you'd have lost around half the money. By your numbers if you'd have invested it in an index fund in 1993, you'd have several times the original investment. Of course that assumes all you spent on vacations you would have used DVC for was the amount of the yearly dues which is unlikely. Of course had you used DVC compared to the same trips at a Deluxe, you would have come out ahead. Comparing to a moderate, you would have been roughly break even but would have had better.
Buying resale early on wouldn't have helped that much, up until the last few years resale was around 80% of the retail price. I did buy resale in 1994 and the price paid was around 80% at that time. There wasn't much of a resale market or access at the time.
Originally Posted by firstname.lastname@example.org
Directly it is expensive but over the long term that investment will pay for itself.
Just my opinion.
Historically used for DVC only comparing to Moderate or Deluxe that would be the case, however, that logic doesn't hold going forward, IMO. Esp with resale being roughly 50% of retail currently.