Jim Rogers says he tries to buy industries in China that are going to do well no matter how is the economy , sectors like water treatment and Agriculture all have a fabulous future Jim Rogers says , as to the "lack of transparency " and the government owning big chunks in some industries , Jim Rogers says that it is a worldwide problem just like in America in the stick markets around the globe , you just have to be careful and if you do not know what you are doing and cannot do your analysis you can invest in China by bying commodities , they have to be nice to you if you got cotton and nickel , you can buy the currency , you can buy an index , in other words there are other ways to do it besides buying specific companies , an ETF with broad based China Index a commodities ETF or Renminbi ETF but conceivably if you do your homework finished Jim Rogers
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, June 13, 2009
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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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