Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
' w/ ?; l. _7 b  S2 I7 b% u5 P0 |Bought another condo and rent it with $1300/month. Condo fee
- T) S, p; h5 Y- v1 ^: Y( u1 eand 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.
3 q) |3 r8 k  C9 M- RThat unit worths $160,000 this month.
; V: E/ g5 _8 L# V5 [5 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.

- X7 [6 r  Q# s, A

" d- E; Q0 _, A1 z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.
Well, it is still the highest ever for my currency exchange history.