Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
- z" X  p$ J* y" A: n( h6 l: C/ R! i; N2 eBought another condo and rent it with $1300/month. Condo fee
and 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.
, w! w6 b: Z& P: `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.

8 @1 k9 t! T1 V2 F4 u: f$ L
9 q7 _6 b) c* j. _& N% f为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
8 k5 v6 C* v$ K! F: d4 \9 ~I 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.