Quote:
Originally Posted by Hurricane88
agreed...to each his own...I just follow the ship and wind...maybe the opportunities are short and the market will run...hopefully by then we will make some millions and spend slowly...
Initially, I didn't trust too but witness a friend made from Vinhome Central Park condo 2 years ago...bought 3bil and sold 4.5bil upon collecting key...all in 1.5bil profit within 2 years...
anyway he bought more units now and we just follow...we pay slowly follow the developer payment schedule...on paper we make money...but market is irrational and gahmen flip flop worrisome...so anyway is risky investment but those who dare to risk stand to make big profits... 
In the past we said the same thing about HK, Singapore and SZ property investment...so what happened ...
PS - read the forum with a pinch of salt and dun believe what you read since mostly are strangers... |
Well definitely am happy for you that it is working out
In every type of investments there will be some that will win & some will lose, as this is simple economics as not everybody can gain or else where does the additional money comes from
same as in flipping properties there are various success stories as well as horrendous stories of losses which only last month there was a well known case in Sinkie where this buyer bought at S$6.27m but sold at S$3.1m
As long as we play safely within our means then it is just another part & parcel of life's challenges
Cheerios......SS08 ^_^