Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
  o; v. }( R7 r& b- x+ a# QBought another condo and rent it with $1300/month. Condo fee
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.
6 W6 j8 t) A  T3 x+ iAlso 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
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.
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
3 W" {' [- |2 [- A4 Y- ?5 n1 AWell, it is still the highest ever for my currency exchange history.