Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
: Q. P! u: C$ ^1 f3 m, wBought another condo and rent it with $1300/month. Condo fee
and 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.
9 Z; p  g5 ^; v+ S- F1 b9 gThat 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
) U: A' o, ~  A1 B# p& g前者对,后者风险大些.

/ W9 n2 _3 ^% E) W' W# B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.
4 R" F8 G7 T: [+ [0 lI 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.