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%.

Saturday, April 5, 2014

Jim Rogers: Time to Buy Russia



"Russia's stock market right now is one of the cheapest in the world, and probably one of the most hated," investment guru Jim Rogers, chairman of Rogers Holdings, said in Singapore Sunday, reports Reuters.
The ruble is down nearly nine percent on the year, and investors have pulled out about $4.4 billion from stocks and $4.1 billion from bonds between September 2013 and the middle of March, according to the latest data from EPFR Global.
"This is the time to buy Russia," said Rogers, adding that those banking on Russia should have a long-term strategy.



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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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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