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
2 \' q2 o/ M& ^& A/ y! Dand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
7 M2 L; I' W9 AAlso bought a new luxury apartment in China last month with $150,000.
. ?. u* t) r2 @- ?. }5 X8 NThat 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.

( o8 s# y2 {. R4 U
* G/ {6 v$ k4 S. W, S7 H0 _
& X% R7 J3 [7 {# E2 [  [- D为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
0 l' q; I% f7 D$ i5 A9 DI 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.