Wednesday, March 13, 2013

Wall Street is Doomed

"Massive competition, increased regulation and staggering leverage make a career in Wall Street the wrong choice, says Jim Rogers, CEO of Rogers Holdings and author of "Street Smarts." Rogers tells Reuters Consumer News Editor Chrystia Freeland that aspiring MBAs should dump their degrees and go into farming."

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).

Video: We Are Wiping Out The Savings Class Globally

The USD is the prettiest of the ugly ducklings at the moment, but that won't last. However, people should stop putting time frames on the currency collapse. We know it will happen because it's inevitable, but it could take a few more years.

Related ETFs: SPDR Dow Jones Industrial Average ETF (DIA), SPDR SP 500 ETF (SPY), SPDR Gold Trust ETF (GLD), iShares MSCI Japan Index ETF (EWJ)

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).


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