Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
Bought another condo and rent it with $1300/month. Condo fee
% @1 R" z, @) z, w) T' ^! f, k5 q. Uand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
& d- w& a1 v4 s0 \Also bought a new luxury apartment in China last month with $150,000.
9 o9 z$ d5 c. I, }5 e; z' f9 mThat unit worths $160,000 this month.
Don't talk too much, just do it.

nca

前者对,后者风险大些.

Player99

longlife

原帖由 nca 于 2007-11-30 00:46 发表
2 F3 Z$ F' X9 H6 ^$ O前者对,后者风险大些.

9 Y: h4 C4 s, a2 c2 z' U6 B
6 s1 O6 I6 Z/ c3 Z' g为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
/ `" O: ?6 q, G, N- C1 M% vWell, it is still the highest ever for my currency exchange history.