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, 2009

Profit From Commodities, Currencies and Bonds in time of Crisis Jim Rogers

Jim Rogers explains what traders need to know about China, the US dollar,Bonds and commodities. ln December 2007, Rogers sold his mansion in New York City for about 16 million USD and moved to Singapore. This is due mainly in his belief that this is a ground-breaking time for investment potential in Asian markets. Rogers' first daughter is now being tutored in Mandarin to prepare her for the future, he says. "Moving to Asia now is like moving to New York City in 1907," he said. Also, he is quoted to say: "If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia." In a CNBC interview with Maria Bartiromo broadcast on May 5, 2008, Rogers said that people in Asia are extremely motivated and driven, and he wants to be in that type of environment, so his daughters are motivated and driven. He said during that interview that, this is how America and Europe used to be. He chose not to move to Hong Kong or Shanghai due to the high levels of pollution causing potential health problems for his family. His second daughter was born in 2008
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3 comments:

  1. AnonymousMay 31, 2009 at 3:19 PM

    Every article is the same. Jim bigs himself up for moving to Asia and tells everyone to buy commodities..

    ReplyDelete
  2. AnonymousJune 1, 2009 at 2:45 PM

    yes thank god, he mae me a lot of money.
    WHEN WAS THIS INTERVIEW DONE ANYONE???????

    ReplyDelete
  3. AnonymousJune 1, 2009 at 7:29 PM

    This interview is within the last week. I know that because I pay very close attention to Rogers and have mental notes of his trades. He is now short US 10yr bonds and he is about to make a lot of money. Jim has been right about so many things it is mind boggling.

    ReplyDelete

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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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