Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
& E- V" N, {9 KBought another condo and rent it with $1300/month. Condo fee
( z8 n5 x# F. U# Sand 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.
That unit worths $160,000 this month.
9 S0 t' B% ]- e# |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
6 t% G- }5 ?5 [% G8 J2 z前者对,后者风险大些.

6 I$ Q! ^1 d2 w! j. d% v
7 ~- F# F2 y9 r# {
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.
Well, it is still the highest ever for my currency exchange history.