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
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.
" c- t. [3 Y' O& ^- ^3 xThat unit worths $160,000 this month.
% ?1 j# C- B0 P$ D  r% HDon'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.

6 H( J2 R' w+ [) R) d7 R& _
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.
7 h. J# i8 a, X  u9 e% j' [I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
) N# y+ J0 Z* T* Z3 b0 y4 IWell, it is still the highest ever for my currency exchange history.