Dr. Cory Fawcett, a successful surgeon and author of six books, dives into the often-misunderstood world of timeshares. He passionately argues that, for the right individuals, timeshares can offer fantastic vacation opportunities. Discussing the ideal candidates for ownership, he contrasts common misconceptions with his positive experiences over 30 years. The conversation also addresses financial implications and practical tips for making the most of timeshares. Prepare for a lively debate as he counters traditional financial viewpoints!
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question_answer ANECDOTE
Long-Term Timeshare Satisfaction
Dr. Cory Fawcett has been a happy timeshare owner for over 30 years and enjoys traveling using various hacks.
He found 100% satisfaction among timeshare users at multiple resorts, contrary to common negative opinions.
volunteer_activism ADVICE
Ideal Timeshare Owner Criteria
Buy timeshares only if you have at least three weeks vacation, can pay cash, and enjoy upscale resort vacations.
Be flexible with destinations and timing, own long-term, and act as your own travel agent to maximize value.
volunteer_activism ADVICE
Master the Timeshare System
To maximize timeshare value, learn to use trading systems like RCI and explore all site features.
One owned week can yield multiple vacations through savvy trades and renting unused inventory.
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The Lorax is a story about the Once-ler, a businessman who arrives in a flourishing forest of Truffula trees and begins to chop them down to build a garment called a Thneed. Despite the protests of the Lorax, who speaks for the trees, the Once-ler continues his destructive activities, leading to the devastation of the environment and the displacement of the wildlife. The story highlights the consequences of unchecked industrialization and the importance of environmental conservation. The book concludes with a message of hope, as the Once-ler passes on the last Truffula tree seed to a young boy, encouraging him to restore the forest and bring back the Lorax and his friends.
Dr. Cory Fawcett joins us today to make the case for timeshares. He takes the much less voiced opinion that timeshares are awesome. He shares who he thinks are the right candidates for timeshares and who are not. He also talks about how to make the most of them. As a timeshare owner for over 30 years he believes for the right people they can be a fantastic way to travel. We hope you enjoy the friendly debate between Dr. Fawcett and Dr. Dahle.
If you’re like most doctors, nobody taught you anything about personal finance or investing during your undergrad, professional school, or residency. And even though your family - and perhaps even your business - rely on you to be the Chief Financial Officer, you have never been given the tools to succeed. Enroll in WCI Financial Boot Camp, a FREE educational email series, and learn to convert your high income to wealth. You will learn the basics of investing, saving, insurance, and more. Your high income alone will not lead to financial success, but as always, we want to help you on your financial journey. Go to https://www.whitecoatinvestor.com/financialbootcamp to sign up today! You can do this and The White Coat Investor can help.
The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!
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