Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
* A& L$ H- \$ h/ r. B5 sBought another condo and rent it with $1300/month. Condo fee
" a2 Z$ w2 i( \4 Gand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
) R4 d8 A+ q/ i! w$ MAlso bought a new luxury apartment in China last month with $150,000.
& m! O- S0 |/ ~+ A: w# v; rThat 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.

) p- w! ]# ^; k. Y/ [9 ?7 b9 H
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.