Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
+ U+ H- k+ j, E$ cBought another condo and rent it with $1300/month. Condo fee
/ k* E! t0 o* U5 }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 $150,000.
: T$ S" X. \; A, M5 g9 P; t. C% i, zThat unit worths $160,000 this month.
- E( A  T; U( y) y: c( FDon'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.

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.
9 T4 S. e) J, k2 |' zI 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.