Kevin: This seems like a foolish investment (about $6,600) for someone who has never sailed on Princess before and who might not particularly enjoy Princess.

But for anyone who enjoys Princess Cruises and cruises frequently, your advice is sound. $100 per cruise OBC for a seven day cruise, two cruises per year, this is an additional 3% return on the investment. Several years ago, when the stock price was about $40, I decided that it was a worthwhile investment -- 4% return over and above the dividend if I sail twice per year.