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%.

Friday, October 14, 2011

Avoid Bonds & long commodities and currencies

Jim Rogers : "I wouldn't advise anybody to buy bonds, I would advise you to sell bonds,"

"If I were a bond portfolio manager, I would get another job."

"In the 70s you didn't make much money in stocks, you made fortunes owning commodities," - in CNBC

Inflation will get much worse this time

Inflation will get much worse this time because, in the 1970s only the Fed was printing money, whereas now many global central banks have been easing monetary policy. - Jim Rogers told CNBC this Friday

Jim Rogers : US to Experience Stagflation Worse Than 1970s

The U.S. economy is likely to experience a period of stagflation worse than the 1970s, which would cause bond yields to spike, governments were lying about the inflation problem and the recent rally in Treasurys was a bubble.- Jim Rogers told CNBC on Friday in Singapore
Labels:Jim 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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