Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
- {& |& S/ V3 W0 u. ~( k8 A' N# |8 CBought another condo and rent it with $1300/month. Condo fee
% U1 b3 I+ N+ n: a7 k3 aand 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.
3 p- P" g8 m. r2 U9 FThat 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
# f# J. Q) k, s1 R$ G: ]8 r$ K前者对,后者风险大些.

+ [! S2 f5 |" k& A- L$ {

' n7 V/ c+ b0 q& m( B" s% ?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.