All my coworkers told us: don't buy a house, buy a luxury car to enjoy your life. They got burned BADLY from their early 90s investment on houses. Those coworkers included quite a few Chinese.
As I know, some coworkers did not get the BIG house boom in recent years. Like hold a loser stock, when they saw the stock finally got break-even, they sold immediately.
What a fate! Not everyone had GUTS to suffer those pain days.
When we were in southern CA in mid 90s
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Here was what happened in Hong Kong during last Asian Storm
-miat42-
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03/08/2007 postreply
12:29:15
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A friend of mine bought his 1st condo after
-U6D3-
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03/08/2007 postreply
12:35:30
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moral of story: it's all about timing
-noMatter-
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03/08/2007 postreply
12:51:18
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在美国的老中呢?有没有例子?
-BayFamily-
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03/08/2007 postreply
13:58:43