Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
Bought another condo and rent it with $1300/month. Condo fee
and 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.
That unit worths $160,000 this month.
5 c+ y$ t/ g9 i& i! o; dDon'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
' b4 W& b8 O$ b  @% r" ~* h* S前者对,后者风险大些.

, j1 d2 Q1 i* M( i2 g3 ]! X2 ]
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3 q) k4 b. n* p) D2 }: h. 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.
1 O/ C4 ]# ?( G/ B* k6 DI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
) N! b4 H8 B  ^/ eWell, it is still the highest ever for my currency exchange history.