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, February 27, 2016

Jim Rogers: Buy High Quality Bonds if any




James West:    Okay. Let’s talk a bit about two weeks ago, Andrew Roberts, the head of credit for Royal Bank of Scotland, he came out and said ‘sell everything and only buy high-quality bonds’. Now do you think buying government bonds is a good idea in the current environment, or do you think he’s just talking his book since they sell bonds and obviously make a substantial amount of revenue from that?


Jim Rogers:    Well, if you’re going to buy bonds, you should certainly buy high quality, which is mainly government, but you should only buy short term bonds. I wouldn’t buy 30 year bonds with his money or your money for that matter, because unless you’re a good trader, we’re going to see much, much, much higher interest rates eventually. We’ll probably see lower interest rates first, which will benefit the high quality bonds. But from his point of view, or from many people’s point, there’s not much else you can buy. You can put your money in currencies or cash, but you got to have the right cash or you’ll lose a lot; a lot of smart Japanese put all of their money in yen three or four years ago, and now it’s down 50 percent in that period of time. So you have to be careful what to buy, and certainly government bonds have been, and they continue to be, one of the things that you could buy. But buy the right government and the right currency as well, if you buy government bonds.








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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