Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
. e8 g8 f  g+ JBought another condo and rent it with $1300/month. Condo fee
. H- L  H% s# r& V9 u) L1 Aand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
: ^8 p" C) }4 qAlso bought a new luxury apartment in China last month with $150,000.
That 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
8 F( a" E$ K% S' H( b) r' P前者对,后者风险大些.

) B3 N  y( r" g1 f& y/ O! I
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# x5 o8 |% V9 \3 Q# o: O  m1 `) o为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
. ^8 |3 X8 G$ w$ [: R  L8 Y8 B' L8 TI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
; d! [; s, S! }' U' `8 q9 fWell, it is still the highest ever for my currency exchange history.