Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
  z# [4 @! |5 k( [! R2 Q4 [. OBought 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.
* y1 [1 U3 Z7 T" nThat unit worths $160,000 this month.
: D  O/ S' w! i( w( BDon'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
前者对,后者风险大些.

" @8 ^* ?, {2 w3 R5 r: a
( o* G3 x3 d2 E2 r
) N( Q& ?# H( c- 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.
$ y0 i+ u3 ?$ W2 ^% [Well, it is still the highest ever for my currency exchange history.