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
7 _2 I+ Z! @6 J5 b( [/ K1 X. q- _and loan interest (3 years prime-0.85) total $1100/month. Not too bad.
0 T% O8 E6 G7 D- \5 L' VAlso bought a new luxury apartment in China last month with $150,000.
3 e0 C3 ?2 o, o6 y- E7 b! C+ RThat 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
前者对,后者风险大些.

  [, n9 S4 x/ x" S7 D; F. C* l& b
为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
% |! g5 I2 J: @$ s' N0 X, s4 LI 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.