Humphrey Yang is a content creator and entrepreneur who loves to talk about personal finance. He has over 5 million followers on Instagram, TikTok and YouTube. Find Out: How To Start Investing With Less Than $1,000 Consider This: 6 Things You Must Do When Your Savings Reach $50,000 On Instagram, Yang recently posted about the four worst investments you can make. Here’s what he had to say. Timeshares Timeshares, said Yang, are “where you buy into partial ownership of a vacation home, and you get to use a ...

While many retirees live on a fixed income and have to find ways to cut down on unnecessary spending or excessive costs, some have a little more wiggle room in their budgets. For those who love to spend money, this can equate to buying a lot of things — essential or otherwise. For You: Here’s How Much You Need To Retire With a $100K Lifestyle Learn About: 3 Advanced Investing Moves Experts Use To Minimize Taxes and Help Boost Returns But even spendthrifts will balk at certain purchases. Whether it’s becau ...

Core Insights - A significant portion of American households, 62%, have some exposure to the stock market, indicating a baseline level of investment engagement [1] - Complex investment opportunities can be appealing but often lead to wealth destruction rather than wealth building [1] Group 1: Timeshares - Timeshares are marketed as smart investments with benefits like "locked-in vacation costs" and "flexibility," but they are difficult to resell and come with hidden costs [3] - The average annual maintenance fee for timeshares is $1,170, which tends to increase over time [3] - Timeshares typically lose 90% to 100% of their retail purchase value immediately upon purchase, and in some cases, owners may incur additional costs to relinquish them [3] Group 2: Leveraged ETFs - Leveraged ETFs use borrowed money to amplify returns, offering 2x or 3x the daily performance of an index [4][5] - While leveraged ETFs can enhance short-term gains, they also significantly magnify losses, making them a risky investment choice [5]

Group 1 - Marriott International, Inc. operates and franchises hotels, residences, timeshares, and yachts globally under several well-known brands [2] - The stock price of Marriott has increased more than three-fold from its lows in March 2020, reflecting a strong recovery in the travel sector [2] - Artisan Partners exited their investment in Marriott after a successful multiyear campaign, highlighting the company's competitive advantages and flexible financial structure [2] Group 2 - Jim Cramer commented on the volatility affecting travel and leisure stocks, noting that Marriott was significantly impacted despite the overall positive trend in the travel industry [1] - The market's reaction to travel stocks, including Marriott, appears irrational given the strong performance of related companies like American Express [1]

Industry Overview - Tourism spending is rebounding with resilience despite global inflationary pressures, leading to a resurgence in tourist accommodations such as timeshares [1] - Hilton Grand Vacations, Inc. is identified as a prominent player in the market, capitalizing on its value proposition [1] Company Insights - The company is positioned well to benefit from the ongoing recovery in tourism, indicating potential growth opportunities [1]