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 $1300/month. Condo fee
! o2 F$ a) ]  C" f, M5 xand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
, P( [! U9 h' c, S6 L& K3 _: rAlso bought a new luxury apartment in China last month with $150,000.
That unit worths $160,000 this month.
) k7 U: Z5 r% y% `5 ZDon'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
! l* f4 X5 U# h! {; J* ?前者对,后者风险大些.

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.
Well, it is still the highest ever for my currency exchange history.