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
0 w, z& U" Q3 t' o: o5 }" Z) F2 Yand loan interest (3 years prime-0.85) total $1100/month. Not too bad.
2 b" _: V: d: {Also bought a new luxury apartment in China last month with $150,000.
That unit worths $160,000 this month.
- u$ s: _3 v1 k+ _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.

0 |# ?8 q; |$ S. q/ l8 @
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.
* Q+ \; \- Y" c6 l3 t! AI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
5 N) j% z: u. k4 f1 zWell, it is still the highest ever for my currency exchange history.