Friday, October 24, 2014

Markets Do Foolish Things At Times

You make sure that if there is going to be a setback, you do not get wiped out. You keep enough reserve because markets do foolish things at times, you know.

If you are too over leveraged you are going to lose everything, even if you might be right in the long term.

Related trading instruments: Nymex Crude Oil Futures, SPDR S&P 500 ETF Trust (SPY), Nasdaq 100 Index Futures, S&P 500 Index Futures

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).