Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
' Z- k6 v/ Y# s; i! e6 HBought another condo and rent it with $1300/month. Condo fee
' D% q  g* K6 R6 ~" Z% ^and loan interest (3 years prime-0.85) total $1100/month. Not too bad.
* G, l$ y4 ^$ b- q9 M% c/ y7 [! `Also bought a new luxury apartment in China last month with $150,000.
1 O  g# Y& R2 D' LThat unit worths $160,000 this month.
# P3 s! l. N; o9 UDon'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
- _8 ^, K* i) c& k4 f! o前者对,后者风险大些.

" |* n( v; Q* _2 ^" c! m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.
$ W5 \2 S/ [* F9 r( {; S9 OI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
0 Y% i6 p' O3 |; |# e1 Y; B& L  RWell, it is still the highest ever for my currency exchange history.