Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
Wednesday, January 30, 2013
Jim Rogers : I have my money invested mainly in natural resources and currencies
Jim Rogers : Times have always been uncertain except when people look back, so these times are no different in that regard. First, everyone should invest only in things which he understands himself. Do not look for hot tips. I have my money invested mainly in natural resources and currencies. I do own a few shares around the world which I have owned for years. I also have Japanese shares I bought mainly during the tsunami and in the fall of 2012 when it became clear they were going to drive down the yen. I am also short long-term government bonds in the US as well as a few stocks. 2008-2009 was the sub-prime crisis, it was followed by the sovereign debt crisis, followed by the Euro zone crisis. What is to follow or are we seeing the light at the end of the tunnel? I am of the view that things may get worse probably by the end of 2013 and 2014, especially more turmoil in the currency markets as well as more financial difficulties in the sovereign markets. - From cpi financial
at 11:34 AM