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%.

Tuesday, August 24, 2010

Jim Rogers : avoid countries with Debt

Jim Rogere :".... if you want to make money, you can sell short bonds. It is fairly easy to sell short bonds these days. There are ETFs for many countries. You can either buy the ETFs, you can sell the ETFs short, you can short the bonds, you can short the currencies. Any country that has a lot of debt, the currency is probably going to be vulnerable and may be even the stock market. The economy is probably going to be vulnerable. In other way, just to avoid those countries, put your money in countries that are going to be prosperous rather than countries that are going to face problems. "
via www.economictimes.indiatimes.com

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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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