What You Need To Know About Timeshares

Kiplinger's Personal Finance came out with a short list entitled What You Need To Know About Time Shares. The list is basic with good advice although we'd have strengthened a couple of them. Here is what they had to say:

Time shares are still a lousy investment

Selling agents may be of little help

Financing is a last resort (we'd stiffen this up and say no resort)

Trading spaces can be a headache

A slice of a condo can be better than no condo at all (we'd opt for the renting a timeshare unit rather than purchasing as a smarter move)