Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
' ~% N" s0 X( l5 f6 U! [) bBought another condo and rent it with $1300/month. Condo fee
' y- r! ^$ v+ {& E7 {: n  u2 {* uand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
/ Z5 E; G  W  ]Also bought a new luxury apartment in China last month with $150,000.
6 \# o$ R$ C, zThat unit worths $160,000 this month.
. ~! @8 n  D/ w) M+ a9 [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.

% c% J8 I$ X* t, ~
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.