Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
: i8 v9 Z. a( x! I: IBought another condo and rent it with $1300/month. Condo fee
6 Y7 G. O. c; [. G) mand 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
$ |! \8 H! G/ ?9 U4 g: ]8 G前者对,后者风险大些.

% r6 O5 j- i! y! R: v2 _
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.
: c% {- A1 y; r; bWell, it is still the highest ever for my currency exchange history.