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 $1100/month. Not too bad.
; ~& }8 ^$ r( P2 v7 }Also bought a new luxury apartment in China last month with $150,000.
# F, K4 Z  F" n8 D  j: _& n) }' yThat 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
- S: J, e' D' c前者对,后者风险大些.

; a  A2 I' W  i3 @0 E0 L+ U" N$ u, ]
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.
Well, it is still the highest ever for my currency exchange history.