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 $1300/month. Condo fee
, ^3 e$ n5 E$ cand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
$ c/ g. ?7 Y* @2 z. r* AAlso bought a new luxury apartment in China last month with $150,000.
" y* `' a% m- n' YThat 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
6 g5 d1 m1 K* g- u前者对,后者风险大些.

( @; i  l; m4 d( q) S, _

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.
: F" K) b2 v2 Q, U# E. VI 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.