Tuesday, November 18, 2014

Investing: The Reason To Buy Cheap

The reason you want to buy something cheap is so that you do not have much risk; if you are wrong, you are not going to suffer too badly. Buying something cheap does not do you any good on its own.; it might stay cheap for years. You have got to have a reason why it is going to change and why something is going to get better.

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).