Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
, K: }; q) \% [' Y% m5 }Bought another condo and rent it with $1300/month. Condo fee
' a& q" g4 @7 \4 i$ n, `8 r6 B" wand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
. i/ U5 }5 a' m/ H: oAlso bought a new luxury apartment in China last month with $150,000.
" G) q+ u0 S! o% m1 w+ {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
前者对,后者风险大些.

! H4 h+ d0 S0 q* _% q3 q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.