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News Annual Pass price increases June 2019
- Thread starter Rteetz
- Start date
The tickets don't expire but now because they are date based Disney will charge you when you do want to use them in the future. It will be whatever the difference is in price for the dates you use them in the future.
flynnibus
Premium Member
Not everyone is a financial genius such as yourself.
Too many investors panicked and liquidated their 401k and lost a ton of money (realistically, 40% at most) as a result
LOL wut? Who liquidates a long term holding investment because of a market dip? I mean... even a robot investor guide on a automated website would guide you to do the complete opposite. Every financial advisor in the world tells you to RIDE IT OUT for retirement savings. This isn't like a panic sale on an individual stock.
Buy high, sell low? Worst advisor ever...
flynnibus
Premium Member
At termination the employer doesn't pay your fees for you anymore... hence your option to keep the account and pay the fees yourself or roll over to an ira. You don't liquidate to do so... unless the new provider you are working with can't manage those same funds you hold (at which point, you'd ask, why not pick another investment bank that can manage those funds...). Often you can't move completely transparently, but you should be able to move the majority of stuff without cashing out.
These rollovers are a mainstay of activity as employee movement is a constant. Many people simply chose to maintain multiple 401ks for a multitude of reasons. People are not kicked out and forced to face their losses.
Which is even more perplexing.. because if you are early in your career.. you should have more stable investments, not more radical ones in your long term 401k.
flynnibus
Premium Member
Don't the tickets till have to be used in the calendar year they are purchased for?
Hcalvert
Well-Known Member
I give up. Either I pay the extra $675 or just cancel my other reservations in November and June. I'll have to think about it. The APs would save me about $530 per person (about $1600 overall) even with the price hike if I were to purchase tickets during the November and June trips. However, without the APs, I would not be going in June. I am just weighing up if the other so-called perks make it worth it or not as I probably cannot take advantage of most of them anyways.
BoarderPhreak
Well-Known Member
Yet that's exactly what a lot of people did, because they panicked. Not everyone is money wise, let alone mano a mano with a financial advisor.
Yet that's exactly what a lot of people did, because they panicked. Not everyone is money wise, let alone mano a mano with a financial advisor.
During the Great Recession, my business manager wanted to quickly sell off all our stocks. I said absolutely not. And he was the financial guy, not me.
The tickets never lose the value you paid for them. You just have to pay the difference. If for some reason the difference is a negative you don't get money back.
flynnibus
Premium Member
Yet that's exactly what a lot of people did, because they panicked. Not everyone is money wise, let alone mano a mano with a financial advisor.
Well then they should have their keys taken away. I mean.. this isn't about having a personal accountant or anything. Literally any investment startup plan you get in or have a discussion around would tell you this basic principle. For retirement you do not try to 'time the market'. It's always a long term game. Only those with short time to retirement tend to advise playing more aggressive.
Except very extenuating circumstances... anyone crying about those kinds of losses are probably self-inflicted. If people are running their retirement funds like a panic-y stock holder.. they need help more than they know.
flynnibus
Premium Member
Your investments, or your retirement accounts? Different things.. different strategies.
flynnibus
Premium Member
Interesting. Thx. With all the changes made in recent years its been hard to keep up with the variance policies
Business holdings. We didn't need to draw on the capital and the BizMan was just panicking.
Interesting. Thx. With all the changes made in recent years its been hard to keep up with the variance policies
You may have been thinking of the Flexible Dates Option, where, for about an extra 20-25% surcharge, your tickets can be used any time until the end of the calendar year.
But, if you don't get that, then what @Rteetz said applies.
MrPromey
Well-Known Member
I'll message you privately on this one since this one point (which was a small point of my original post) has somehow hijacked the discussion of this thread.
Maybe I can clear up some of this i your mind. I also fixed the original post to more correctly state the issue - you are right, nobody had to close their actual account but the practical effect was similar.
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Disstevefan1
Well-Known Member
In my opinion, for locals who must work during the week and only has the weekends free, anything less the Platinum level pass is worthless; too many blackout dates.
One thing we both agree about sadly is, the crowds
They expire in 2030 ( you only see that once it's entered in MDE ). I bought mine on tuesday. it's still listed at the old price even today.
I emailed them and told them that they had lost my business after this last trip as we were going to upgrade to AP's but had decided not to with the price increase. I know it makes no difference, and they don't care (which is obvious since I didn't even get a canned response), but I felt it was worth five minutes of my time to let them know.