Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
" J- u3 Q. Y5 }* A4 L1 l/ HBought another condo and rent it with $1300/month. Condo fee
: x" G1 i! P/ L" v; xand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
0 y7 j3 [$ a' M( O, W2 j& wAlso bought a new luxury apartment in China last month with $150,000.
That unit worths $160,000 this month.
9 d7 c1 a7 M- y' r/ }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
前者对,后者风险大些.

7 K. U" w6 T* j2 ]: U* k

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.
( F2 `* \- t: H: U* N2 K7 WI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
, f; H! O/ A# e: H( SWell, it is still the highest ever for my currency exchange history.