Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
) o3 x9 Q+ h6 n0 u6 |( b$ uBought another condo and rent it with $1300/month. Condo fee
+ B$ z' G. e( M* T- Land loan interest (3 years prime-0.85) total $1100/month. Not too bad.
: R/ I" J$ A% `: N4 g0 g& uAlso bought a new luxury apartment in China last month with $150,000.
7 W% n- A) G5 Y0 o3 D3 O/ }# 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
7 t" P# C6 |! u2 q前者对,后者风险大些.

& b+ ]3 ?! ?* J
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.
  z/ j6 o6 e: u9 BI 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.