Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
% H7 L# _: u$ y$ j' H0 ~1 FBought another condo and rent it with $1300/month. Condo fee
and 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.
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.

0 K" R* W. C: i7 b0 ]. Q' ]) X+ L

0 r4 n" x' n* 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.
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
- c0 T# o4 o) m7 _Well, it is still the highest ever for my currency exchange history.