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
and 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.
; Q. D7 t5 y; G) ^7 S0 pThat unit worths $160,000 this month.
7 [9 O5 m" n6 m9 sDon'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.

- y* |4 L1 g- D3 ?& ^
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.
1 q& _1 p. k0 t3 j2 A6 g! QWell, it is still the highest ever for my currency exchange history.