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%.

Friday, September 11, 2009

Jim Rogers is holding back from commodities and China after prices soared

The legendary Investor and commodities king Jim Rogers told the Shanghai Securities News a Chinese newspaper this Sept 11 that he’s holding back from any further purchases of any commodities at the present time after the huge increase in their prices recently
Investors should wait for commodity prices to drop to buy for the long term , the Chinese language paper reported Rogers as saying at a forum in Guangzhou , Guangdong province in China . Rogers also said that he won’t be buying any real estate in China now either because they are too expensive, although he thinks that Chinese rural real estates should still be able to generate big returns in the next 20 years he said ....

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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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