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
, C! u2 U- o) Y' f4 `7 Hand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
4 Q0 f! A# u+ o) F& r+ kAlso bought a new luxury apartment in China last month with $150,000.
$ _' v3 x( U4 W& B0 W5 t5 HThat unit worths $160,000 this month.
9 q" I; P, f* d$ s7 rDon'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.

& r3 W; s9 D9 |9 L

/ e7 J. j& }3 \2 i- I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.
6 p1 R  r0 e& iI 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.