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%.

Saturday, May 30, 2015

Jim Rogers : I still keep my Chinese Stocks in my Investment Portfolio


Although China's stock price index has hit dizzying heights following a continuous charge in recent months, investment guru Jim Rogers has yet to spot the formation of bubbles, predicting the Shanghai Stock Exchange Composite Index will hit 6,000 points.
Rogers made the prediction during an investment forum in Shanghai on May 27, when the SSE index advanced 0.6% to 4,941.71 points, a seven-year high, with the combined trading volume on SSE and Shenzhen Exchange topping, for the third straight day, 2 trillion yuan (US$322.5 billion) . "I still keep my Chinese stocks in my investment portfolio," stated Rogers, adding though that he hoped the index can drop somewhat, to avoid overheating and an accumulation of bubbles, which could bring disaster. He wished the index can fluctuate, to assure the sustainability of the bull market.

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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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