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 $1300/month. Condo fee
. O$ T0 ]# T% O' [and loan interest (3 years prime-0.85) total $1100/month. Not too bad.
# H, K/ I3 D& h' R- G% y5 eAlso bought a new luxury apartment in China last month with $150,000.
; }1 A% ?" m, p3 P. v5 eThat 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
2 @+ {% z) n4 \2 P& u3 Q4 g# w0 c前者对,后者风险大些.

: S: @& J* B6 k2 k: ^: ^
/ R, [  K6 b# {/ k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.
* U7 ^) b" ?* g- |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.