Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
* _7 ~( k( u( E, \: \. ]Bought another condo and rent it with $1300/month. Condo fee
- B! Q9 Q; _# ^( [2 Sand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
; z  z% \* n& x1 JAlso bought a new luxury apartment in China last month with $150,000.
That unit worths $160,000 this month.
" q8 A& t+ y  LDon'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.

4 d$ n+ m( g! R" H" k

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.
6 `& J: |6 o8 tI 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.