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January 25, 2008
The Number 1 worst investment voted by www.worstinvestment.com is Timeshares.
Timeshare resort vacations are sometimes marketed as an investment, but they are one of the worst investments that you can make. An investment is supposed to increase in value, yet timeshares resort vacations typically lose 50% to 80% of their value the minute you purchase the unit. While the sales person will try to convince you that a timeshare will save you money, in all likelihood it will cost you much more than you ever thought.