Make money when the maket is down

Crassula · 发表于 2007-11-29 23:09

Just to share something with someone who is investing in the housing market.
Bought 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 · 发表于 2007-11-30 00:46

前者对,后者风险大些.

Player99 · 发表于 2007-11-30 07:39

longlife · 发表于 2007-11-30 12:42

原帖由 nca 于 2007-11-30 00:46 发表 0 N6 N" k0 h2 h u0 b
前者对,后者风险大些.

为什么呀? 能具体说说吗?

Crassula · 发表于 2007-11-30 23:42

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.
Well, it is still the highest ever for my currency exchange history.

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