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
% u% a8 E5 B9 _4 \% m! band loan interest (3 years prime-0.85) total $1100/month. Not too bad.
) O; A/ v9 @" ]Also bought a new luxury apartment in China last month with $150,000.
That unit worths $160,000 this month.
7 D+ _8 K1 p$ e9 NDon'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
& }* K( S, \5 V& ?前者对,后者风险大些.

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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.
' \, s& b9 Y7 [# |. FI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
( Y* B3 Q; o9 D: fWell, it is still the highest ever for my currency exchange history.