Stock Market affecting your cruise plans / bookings?

[Rick-cruiser]

Just curious.....

 

Considering the wild swings with the Stock Market (especially any of the downward turns/trends), has that affected your planning or actual booking of your cruise vacations?

[CruisinManiac]

It's certainly hasn't helped! LOL

 

We just learned one stock that we have shares in, has sold to another company for a measly .29. :eek: It was worth multiples of that amount at one time.

 

The stock crash has not changed our cruise plans, but it did make us dip into savings for our daughters wedding where we had planned to use some bank stock to pay for the wedding. :( Nothing to do but hold on to the stocks and see where they might go.

[Jerseymountaineer]

We began saving a couple of years ago and scheduled our cruise many

 

months ago. The one silver lining has been the lower exchange rate for

 

the euro!

[BroncosFan2010]

Nope! We don't budget around our stock holdings. Also, most of our stock is in UPS, since DH was a former employee. It has gone up a bit in the past few months.

[travelntreats]

I agree... the stock market has -0- bearing on our cruise vacation planning.....

[fastrock]

We are value shoppers for cruises and vacations. I confident it has affected the industry becasue there are some excellent last minute deals. We booked the June 20th CX Summit last week at a marvelous price/value.

[firstplacechef]

I agree... the stock market has -0- bearing on our cruise vacation planning.....

 

Ditto, we are in it for the longhaul!

[travelntreats]

stock market and cruise savings are two different entities... one if for retirement and the other funding is to enjoy life before retirement !

[DivasDare]

Nope, but I'm afraid to look at my retirement statement.

[COMBOY]

If anyone is booking a cruise or not based on the stock market...should not be in the stock market in the first place. The stock market is a long term investment vehicle and there will be daily/monthly swings (sometime huge) and no one can predict where stocks will be at the end of the year or five years from now or they'd be a billionaire. One should stick with one's short term and long term investment goals and book a cruise based on one's budget for vacation expense. So if you purchasing a cruise on credit and hoping to pay for it later based on short term stock market gains....that's crazy.

[ivycruise]

Not affecting my cruise planning at all. But I might be in need of a "work attitude adjustment" as I may be working longer than I'd like! :)

[Gail & Marty sailing away]

Be in muney bonds for the term and sleep well

[teajak]

SM has nothing to do with our cruise plans. I figure the stock market is like walking into a casino,just a gamble. We only have one stock RCL, bought it when it was down to $9.51 100 shares for the credit.It dropped today to $27.92. We have been retired for 15 years, love it.

[greeneg]

I wish that there was an anti-nausea patch for the ups and downs of the Market, it's certainly making me dizzy....:)

[mahdnc]

Although I enjoy complaining about the market, it doesn't have a direct bearing on the amount of cruises we book. It didn't when it was going up, and it doesn't now.

[Cruising Carol]

The market affects my spending only when dividends go down. The stock market prices are just a means of keeping score.

[sailor2010]

We do not gamble what we cannot afford to lose...;)

[travelntreats]

We do not gamble what we cannot afford to lose...;)

Ahhhhhh a mattress stuffer huh ? LOL ! :eek:

[sailor2010]

Ahhhhhh a mattress stuffer huh ? LOL ! :eek:

 

Ah, I only said we don’t gamble what cant afford to lose, not that we don’t gamble…Not by far but good diversification in investments always helps and minimal fluctuations in the market should not destroy a vacation. If they do, perhaps the vacation should be rethought.

[sunsetme]

"Pay no attention to the man behind the curtain"

[Cayoooga]

Bought 100 CCL shares a few years, used the OBC for a few cruises, HAL, Princess and two Carnival cruises.

We bought 100 shares of RCCL recently and are going to use the OBC for the next 2 cruises with Celebrity. I believe CCL and RCCL shares will increase in value in the coming years and if I keep receiving the OBC and cruising I'll be smiling :D It's a win / win situation! :D

[travelntreats]

Ah, I only said we don’t gamble what cant afford to lose, not that we don’t gamble…Not by far but good diversification in investments always helps and minimal fluctuations in the market should not destroy a vacation. If they do, perhaps the vacation should be rethought.

Why would one even base their vacation plans on investments.....vacation funds are kept seperate from retirement investments in my lifestyle and what the stock market is doing has NO BEARING on when, how much or where I go on my vacations.....Your financial opinion may be the complete opposite and that is OK too !

 

My response to you previously was meant in :::jest:::: :)

[Orator]

If anyone is booking a cruise or not based on the stock market...should not be in the stock market in the first place. The stock market is a long term investment vehicle and there will be daily/monthly swings (sometime huge) and no one can predict where stocks will be at the end of the year or five years from now or they'd be a billionaire. One should stick with one's short term and long term investment goals and book a cruise based on one's budget for vacation expense. So if you purchasing a cruise on credit and hoping to pay for it later based on short term stock market gains....that's crazy.

 

Right on the money!

[Robb]

Not at all, pay as we go and leave nothing for the kids. :D

[A Sixth?]

Yes.

 

Retirement is dependant on the market for us and saving wisely for it trumps vacations.

 

Planning includes 20 years from now, not just the next cruise.