Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
4 S1 v3 b& l5 I! ~Bought another condo and rent it with $1300/month. Condo fee
1 y) l( g( [& U' @- p4 Mand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
8 ]5 E5 h8 K# x* ]- xAlso bought a new luxury apartment in China last month with $150,000.
0 p2 D+ s& i8 O) {8 fThat 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
+ B/ p, h' ~7 C前者对,后者风险大些.

" e- n$ S2 ~4 {  B; B
为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
# x6 r; {# g+ ?2 n0 l; k$ h* }3 R3 vI 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.