Couple's Hawaiian Getaway Turns into Million-Dollar Investment

Joan and Ned Woodward, a couple from Washington, D.C., decided to buy a 1/6th stake in an oceanfront townhouse at the Timbers Kaua'i resort in Hawaii for $1.1 million after just three days of vacationing there. The couple was impressed by the amenities and the opportunity for fractional ownership, which allows them to own part of the property's title rather than just time spent there. They receive six weeks of planned vacations annually and can take short notice vacations if other fractional owners cancel. The resort offers luxury services and amenities, including personal concierge services, a private lounge, and pre-arrival grocery shopping. The Woodwards believe in enjoying life now rather than waiting for retirement.