Wednesday, October 29, 2014

The Best way to Make Money is to find something Cheap that I like

I, for example, am the world`s worst trader. The best traders are maestros of timing. Knowing when to get in and get out, they enter and exit markets fearlessly. Over decades I have learned the best way for me to make money is to find something cheap that I like , take a position, and hold it for the long term. i am a lousy trader, and I avoid "short-term" investments.

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).