DVC Resale Soaring Prices

[MarkC]

Wilton John, you make a good point. We bought our DVC about 12 years ago as the markets and economy started to crash. We paid $93 a point at Beach Club for 100 points. Good luck paying anything close to that now. What's funny is to read all the stock experts and their picks for what will happen. Some have been predicting a stock market collapse every week for the past year, and some guy today said the bull market will last another 8-10 years. And these guys are "experts". Sure.

[WiltonJohn]

What's funny is to read all the stock experts and their picks for what will happen. Some have been predicting a stock market collapse every week for the past year, and some guy today said the bull market will last another 8-10 years. And these guys are "experts". Sure.

The ONE absolute truism in the stock market is that it will EVENTUALLY go down "big time". When that will be is anybody's guess. If it was possible to "time" the market.... a LOT of people would be very rich (more than those who currently are).

And history also says that it likely will eventually go back up. Again, when that will be is anybody's guess.

A year ago, everyone was talking about Disney stock possibly splitting at the coming $120 a share level that was a 'sure thing' according to the experts. The valuation graph just kept going up and up and up. Then bang.......... it all changed in a heartbeat, and now it stagnates at around $100 a share for about a year. Buying opportunity, before the next round of Star Wars stuff hits the world? Who knows.

If you have to sell your DVC membership at the down points in valuation.... that is bad. If you bought it when it was "down" and it is now high, and you need to sell it, that is good. Profit or loss is only realized if you sell. The thing to remember is that while you HAVE it.... you can go to Disney and enjoy it no matter what the current "valuation".

Family, friends, and experiences in life are the important stuff. Things are secondary.

best,

...............john