Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
7 C; _" X1 w3 h9 A9 p. tBought another condo and rent it with $1300/month. Condo fee
+ g% M5 I/ ]& d9 }& xand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
8 L" {4 a8 W6 Y) i0 qAlso 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
" z9 ?  C% y* h( b0 j8 S7 q! v前者对,后者风险大些.

6 y. j4 H4 ^7 Y. n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.
; v, E* {* L: `7 @4 jWell, it is still the highest ever for my currency exchange history.