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%.

Wednesday, October 19, 2011

Asia has higher Savings Rates than in the West

Jim Rogers : in Asia everybody has a very high savings rate They've worked hard and they do They save as much as they can , In China the savings rate is over 35 percent , In the US the savings rate is 2 to 3 percent we must change that in the West We must save and invest for the future or we will continue to go down the tubes- in Smart Money video Interview

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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