“When it pops, when this artificial sea of liquidity dries up, it’s not going to be fun,” he told Reuters TV. “But I don’t see any reason why it will stop anytime soon.” In suggesting where an investor could put money in stocks this year, Rogers noted the Japanese stock market is still 70 percent off of its all-time high (while the U.S. is currently hovering around an all-time high), and that a new law in Japan makes it tax-free to invest in stocks. “I’ve been investing a long time, and every time a country does that, people invest,” Rogers said.
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%.
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