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
5 V: U& c8 \7 G5 d8 j8 T! Fand 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.
" p5 v7 I; c+ `! T# {# |- _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
前者对,后者风险大些.

$ V7 M' H; o/ j" ^
, U0 f% q/ b4 j' y
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.
7 C+ e" Q' ]& }3 ?/ p* kWell, it is still the highest ever for my currency exchange history.