Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
  k3 s7 p/ J: Z6 ]% DBought another condo and rent it with $1300/month. Condo fee
% f) [2 Y" ~. N  J( i0 U/ z* r3 {and loan interest (3 years prime-0.85) total $1100/month. Not too bad.
* P* A- l* j% [; R; e& |Also bought a new luxury apartment in China last month with $150,000.
9 ~2 C4 Z4 ~) ]6 ]9 Q, nThat unit worths $160,000 this month.
( ~! n' `& a* F" A) c3 k0 kDon'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.

4 u* d5 d3 Y7 k2 y' d4 G; O
# ~8 w4 K4 U1 C3 V. N! s* }# P
: f* Y7 o& H% q0 x3 K3 u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.
0 T" H" O& U4 \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.