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  • Personal Finance Gurus on Timeshares

    Anyone who watches television or listens to the radio with regularity has no doubt watched or listened to many of the personal financial gurus in the media including Suze Orman, Dave Ramsey or Clark Howard amongst others.  These financial gurus have different theories on building and maintaining wealth.  One thing they all have in common is their opinions about timeshares; they are a bad investment!   The primary basis for their opinion is that timeshares are not an appreciating asset, but depreciate in value much like a car.  If you are looking to build wealth any financial advisor will tell you not to invest in depreciating assets.  If you don’t believe us, the following are links to several interviews, articles and podcasts by some of the most influential personal financial gurus in the country discussing their opinions on timeshare investment.

    Farnoosh Torabi (4:56 mark)

    Jim Cramer

    Clark Howard

    Nevada Attorney General Wars Against Timeshare Resale Fraud

    Attorney General Announces Indictment of Six Defendants for Timeshare Resale Fraud

    Attorney General Laxalt Announces Three Guilty Pleas for Timeshare Resale Fraud

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