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
5 h# n" f: i8 b. Oand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
Also bought a new luxury apartment in China last month with $150,000.
* d8 j/ v* v) F; QThat 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
' X( g% f6 @7 F8 @5 j+ ?5 w# ]前者对,后者风险大些.

; s+ J6 p% W. l3 c( T) 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.
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
5 `9 f$ r% l5 V" z- {9 C6 E) W2 Z0 aWell, it is still the highest ever for my currency exchange history.