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.
) r0 [3 t0 t/ j! p/ g" U  P; j9 qThat unit worths $160,000 this month.
. n) a' F5 J1 g1 N; `3 ]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.

7 |+ {7 l% s0 c1 ?

+ M# b; g# T* C# ]# A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.
5 H# \- h- n0 G, D3 g+ lI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
% N4 W' {' n6 t/ M* m) X8 BWell, it is still the highest ever for my currency exchange history.