Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
8 K+ t9 y# U" P; ^7 K  y5 G  vBought another condo and rent it with $1300/month. Condo fee
0 ?/ S4 G: v4 {5 U4 \and loan interest (3 years prime-0.85) total $1100/month. Not too bad.
Also bought a new luxury apartment in China last month with $150,000.
That unit worths $160,000 this month.
; ?. U# ?& W. T  C$ Z/ A9 QDon'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
前者对,后者风险大些.

. v* r; W2 x; Q+ Z

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.
2 c9 U! J. S" KI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
4 ]/ F" u5 v, g3 |Well, it is still the highest ever for my currency exchange history.