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
$ Y6 C" H" @6 U- ?9 ]8 ?" nand 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.
, C2 d' E# P" Q, p; BThat 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
前者对,后者风险大些.

2 W) _* I# t4 k& m: l: h7 z  P% i
8 X' i! l- @! I6 N+ A2 E. 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.
; [, S6 O' }- ]2 b2 }& I& cI 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.