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%.

Monday, November 29, 2010

Jim Rogers the savers are being wiped out by the federal reserve zero interest rates

Jim Rogers with Andre Shiff on The Welfare for the Rich debate


Peter Lavelle asks his CrossTalk guests whether the only thing left of the modern welfare state is socialism for the rich.

Jim Rogers : ...taking interest rates to zero is destroying the class of people in America who save and invest for the future ...tens of millions of Americans did not get into the financial trouble did not bought six houses with no money down and no job and the people who did the right thing who saved their money did not get in trouble now are being wiped out by the federal reserve and the central government because they got interest rates at zero

Jim Rogers Investments Strategy

"To succeed in investing, you must be able to exhibit good judgment and have enough courage to act on your conviction. Conviction isn't worth a lot if you don't pair it with discipline. Once you have a solid thesis, you should stick to what you know and what you believe in." Jim Rogers was quoted as saying in an article in The Sunday Times 28 Nov 2010
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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