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.
% U) V7 ~7 Y4 |) ^1 C/ fThat unit worths $160,000 this month.
: D9 A! y9 ?  Z: z* B+ }( vDon'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
( n8 x8 R; I3 b, L3 l; y前者对,后者风险大些.

  j9 A5 b4 Q- R" X8 G6 E

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.
, g6 K( M1 \, |' e2 |) x( qI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
% N6 J6 T6 c$ }$ R4 B1 v. k8 z4 rWell, it is still the highest ever for my currency exchange history.