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%.

Monday, June 15, 2009

which Currencies make a good Investment by Jim Rogers

What Currencies present the best chance for making Money ?:
Jim Rogers says "The Canadian Dollar the Singapore Dollar The Euro perhaps although it has serious problems on the long term , I own the Yens I own the Australian and kiwi Dollars I own several currencies "Jim Rogers does not specify a single currency that he believes will be a great investment for the future , he says he is just trying to find a stable one and that politicians and central bankers have learned to debase currencies , He says that Singapore insists on having a sound currency but that have the disadvantage of having a sound currency and nobody else does , they cannot be competitive , Canadians have done a much better job ...but Jim does not seem to find an exciting currency " I am sure there is one out there I just have not found it yet " and he added " There is peace in Sri Lanka ...conceivably the Sri Lankan Rupee ! I have no idea I do not have investments in Sri Lanka " " In the meantime I am looking for something that is less flawed than the US Dollar but I do not know of a currency worth rushing out to buy it , I do not know it , I own several and I hope they are less flawed than the US dollar ..., and conceivably the Brazilian currency
Question : What are the secrets to commodity investing ? Answer : " You should not invest in anything that you do not understand , we all know what cotton is we all know what oil corn zinc are , none of us had a clue what the Dot come was , these are things we all know about they are simpler to analyze than stocks , I do not say they are easy i say the are simpler , nobody could understand IBM , but for cotton the question is is there too much cotton or too little cotton that's hard to do , but that's all you have to do to make an investment" added Jim Rogers .....



Jim Rogers Investor and Author and Chairman of Rogers Holding

2 comments:

  1. Looks like he is getting a blow job while talking !

    ReplyDelete
  2. Yeah, either that or taking a shit!

    ReplyDelete

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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