Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
0 Z/ h6 x9 O, k; BBought another condo and rent it with $1300/month. Condo fee
1 Z, G( K; s0 w% N6 B! o! {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.
# _, ^# K' U6 L8 }4 O. uThat unit worths $160,000 this month.
( d& L. g3 e( e0 S& xDon'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
* D  g# W/ n5 e前者对,后者风险大些.

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.
" u5 Q3 C  A# P# h8 B, GI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
' j  T, K0 O, x) k. {, l0 L! G5 wWell, it is still the highest ever for my currency exchange history.