I'm hoping for some help. I purchased 2500 points through the Marriott Vacation Club program on Saturday in Vegas. I have until Wednesday to cancel if I want (Nevada state law) and I'm looking for some advice. I paid $29,000 one time fee and will pay $1500 per year in maintenance fees. I believe my cost was 11.62 per point. I have no idea if that's a good deal or not. I'm only 33 years old and LOVE to travel. I'm really looking for a good investment for my life and time away from my stressful job.
I'm not worried about the $29,000 as much as I am the maintenance fees that will continue to increase. Does anyone know at what rate they increase each year...on average? Am I crazy to have done this?
Who can tell me about points rolling over? Can they roll over year over year? There are going to be some years that I can't take a big trip. Thoughts?
I'm just looking for some sound advice. Thanks so much in advance.