Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
' w3 M. t3 b/ Y7 T+ XBought another condo and rent it with $1300/month. Condo fee
0 S/ U/ _! o& A& N2 G3 O3 Tand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
9 b: x0 E0 Y: yAlso bought a new luxury apartment in China last month with $150,000.
& N3 h( V; U; e4 [. 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
6 u  ]3 j  x7 G+ Q+ k前者对,后者风险大些.

3 l5 e- J' t1 @- l
! Q+ Y- j9 y7 Z; l0 @, f$ t+ U
, }; O% {& Y9 T为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
1 x$ L4 L& }1 e% x5 p- YI 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.