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
. v- `0 L0 L9 u2 Q2 mand 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.
That 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
& p" R9 l' l: `& |* q+ g  F1 T前者对,后者风险大些.

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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/ X6 a* n; L" h! o3 Y8 B& oI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
$ i0 V+ n* b' _# d% g. yWell, it is still the highest ever for my currency exchange history.