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 $1300/month. Condo fee
. h2 Q$ }/ o' V/ O2 F$ Sand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
' y2 h9 ?1 ?. w4 Y( c0 KAlso bought a new luxury apartment in China last month with $150,000.
7 u# F+ y' _8 G$ b3 n4 KThat 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
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.
1 x3 @! d5 t0 m! x6 [1 m5 q) EI 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.