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
6 J( K( h2 u* v& d2 ]1 @* L/ oand 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.
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
6 Y. g' k; X1 M  Q' i% r6 M* a前者对,后者风险大些.

( k: d  W# `* T# d
# f6 l( m, K: r' J4 r4 t6 l
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.
, v, k( j0 @1 LWell, it is still the highest ever for my currency exchange history.