Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
# C) b; ~% A  Z* H3 G6 Q7 r8 c, A6 aBought another condo and rent it with $1300/month. Condo fee
, G/ J" }6 Q4 A: r8 M# U+ band 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.
, l2 j) z% p! d8 [4 i0 f' XThat unit worths $160,000 this month.
! {$ S- X7 A: n& EDon'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
# ~) v4 G8 G$ X1 V# R: z& |前者对,后者风险大些.

3 v, j4 R" h4 o: I$ ~

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 $1= 8.10 RMB prime.
; a' d$ T9 N2 KWell, it is still the highest ever for my currency exchange history.