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
, ^( Z8 Y: `0 B1 uand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
0 y; x3 G3 T* _  {5 RAlso bought a new luxury apartment in China last month with $150,000.
; T% G5 R8 q- t. n7 _- Z& X* m0 GThat 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
前者对,后者风险大些.

3 P7 H3 ^5 v4 M6 v3 [2 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.
, y0 Z. r. j: {  D% r) [( gWell, it is still the highest ever for my currency exchange history.