Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
6 s* c& L* Y  D$ L( |Bought another condo and rent it with $1300/month. Condo fee
' b. i+ |4 h+ h8 N2 yand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
8 ?% q( g9 D! D+ C$ p3 S; i5 oAlso bought a new luxury apartment in China last month with $150,000.
, Y; L" k) L: z  _9 x) ~( A, EThat 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
7 G) c9 M5 ?1 O1 U前者对,后者风险大些.

; G1 E5 A3 g- g; B0 N$ k3 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.
* P4 P0 x, h  ?I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
# c9 E2 q* U; `Well, it is still the highest ever for my currency exchange history.