If you have read some of my old posts you know that I love cruising and investing in the stock market. A lot of my favorite people on Twitter are StockTwits and I enjoying writing articles about how the economy and market can impact your purchase of a cruise vacation. My post in October 2008 about going 100% long in the stock market has worked out decent for me… we did dip well-below those levels early in 2009, but I am happy with the final results +1500 on the DOW. For the Record, I’m pulling out some of my money because I believe the market as gotten a little too high.
So the Good News is that the market is up. The Market is up in large part thanks to the Re-Flation of Oil and other commodities as I wrote about in May 2009. Your 401k should be looking a lot healthier. As I recommended in August and September of this year, now is the time to book your 2010/2011 Cruise Vacations before all of this inflation hits Cruise Prices. The first place inflation is likely to hit the price of a cruise is with Fuel Surcharges. The Cruise Lines can add Fuel Surcharges to existing bookings when the price of Oil gets above $65 – $70. The last time the Cruise Lines added fuel surcharges, they charged passengers an additional $140 per person on a 7nt. cruise. Oil clipped $80 today and it shows no sign of slowing down. Until the end of October, you can lock in cruise prices all the way out to 2011 and protect them from ever getting fuel surcharges added to your cruise booking. CruiseDeals.com is the only agency offering this protection. Read about the Fuel Surcharge Guarantee featured in a USA Today article. CruiseDeals.com does not charge booking or cancellation Fees, so if you know you are going to go on a Vacation in 2010, you can make risk-free deposits to lock-in todays rates and protect your cruise from Fuel Surcharge. Do you have a future cruise booked somewhere else? We may be able to protect it, call us now 800.668.6414 to find out!
The cruise lines continue to warn everyone that they have the right to add on fuel surcharges at a later date when the price of oil is above $65 – $70. Yes, the Cruise Lines can tack on Fuel Surcharges at a later date. Now that Oil has hit the $80 mark, those booked anywhere but CruiseDeals.com have to be pretty concerned.