Friday, February 14, 2014

Japanese Blue Chips - Bullish Case



"You look at things like NTT, which has done nothing for 13 years. It goes sideways. Mr. Abe, two weeks ago, changed the situation in Japan by giving people tax-free incentives to invest in the stock market. I’ve seen this in many countries over the past few decades, and if you tell people they can invest in something tax free, you know what? They do it!

People aren’t crazy. The combination of what he’s doing and this new tax incentive means, in my view, Japan is a place where you might make some money.

Look at some of the blue chips in particular. They’ve done nothing. Normally, when people start investing in these tax-free kinds of accounts, they invest in blue chips, because that’s what they know." - in ETF.com 



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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