Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Friday, July 5, 2013

JIM ROGERS : you need to have Diversification and Protection.


 What is the best way for people living in places that do not have the brightest outlooks to protect themselves?

JIM ROGERS : Move. No, the best way you can protect yourself is to learn about what is happening outside your own country, whatever your own country is. By the way, everybody should have some investments outside their own country as an insurance policy. Even if you live in the best country in the world, have some money somewhere else just in case. You have your health insurance policy, have a country insurance policy. There are great opportunities taking place in many parts of the world, so you should take some time learning about those investments. Many countries are going to go through the ringer in the next decade and you need to protect yourself in case you happen to have your assets in one of those countries. I am not the least bit optimistic about the US and these other places in the coming decades, so you need to have diversification and protection. - in zawya



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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