Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
1 _0 r+ y& x9 R. ~8 M) TBought another condo and rent it with $1300/month. Condo fee
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.
, U3 Z5 E1 ?9 W, @$ G  {' gAlso bought a new luxury apartment in China last month with $150,000.
2 [0 T- H7 D9 K4 {; cThat unit worths $160,000 this month.
% A; ?% V: v5 }* d2 [# a" c1 {$ [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
% k3 K7 [( o5 J2 t) _  S4 [+ W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.
: Y9 M1 e. _5 _8 P  d% W; U" pI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
/ F8 }8 n: |% r  L* V, c0 cWell, it is still the highest ever for my currency exchange history.