Wednesday, February 6, 2013

Interest Rates to rise worldwide

I expect interest rates to rise worldwide. That could be a negative factor for sectors such as real estate.

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).

Put your cash in a safe place

You better make sure that cash is in the right cash. A few years ago many people put their money in Icelandic krona, thought they were very safe. They had currency and they were earning high rates of interest and of course the krona collapsed and some of those people lost all of their money.

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).

High Leverage And Industry Tops

Jim Rogers : "Whenever an industry gets hot, everybody tries to figure out how to get to be the richest. If it`s real estate, they figure out a way to leverage themselves to the full. If shipping is hot, they go and buy tankers, but they don`t put any money at all; they figure out a way to do a deal. They leverage themselves to the hilt; that`s the way to get the richest the fastest. It`s also the sign of the topping in shipping, or real estate, or wheat, or whatever it happens to be." - in Trading The World`s Markets

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).

Jim Rogers : I Do Not Trust Data From Any Government

Jim Rogers : “I don’t trust the data from any government, including the U.S. for goodness sake. We know governments lie to us all the time...but we know they are all lying. I don’t know whether China is growing at 3 percent or 33 percent but I do know they are booming. I know there is a lot of good stuff going on in China and a lot of good stuff going on throughout Asia.” - in Value Walk

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).


JIM ROGERS BLOG