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, July 22, 2014
Jim Rogers Reveals his Singapore Investment Strategy
“Well, it would be my little girls. They are very important to me,” Jim Rogers told Yahoo Singapore last week in a phone interview in which he shared some investing tips.“Well what’s happening in the world right now is a gigantic artificial ocean of liquidity. All of the world’s central banks are printing huge amounts of money. The people who are getting that money are having a good time,” he noted.“So the next one [economic bust] is going to be much worse… so be worried, be careful and be prepared,” he warned. “The Chinese renminbi, for instance, will probably continue to do extremely well over the next few years. I even own the US dollar at the moment. The US dollar is a terribly, terribly flawed currency, but at the moment I own it because when the turmoil comes many people will flee to what they see as a safe haven,” he said.“You have to know all that when investing in your own country, but even doubly when it’s a different country,” he said.“The only thing people should invest in is what they know a lot about,” said Rogers
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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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