Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Right now we have all these people printing so much money. So, I cannot see a crash anytime soon. I can see corrections, I can see the markets going down a bit and for a while but with all the money printing everywhere in the world and no constraints on Congress now, Congress gets free to spend as much as they want to...They have moved the debt ceiling, they are afraid to do anything about it.
So, with all the money printing and all the spending everywhere in the world, this could go on for a while.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
"The one in 2008 was worse than 2002 because debt was so much higher. Wait until 2015 or 2016: debt has gone through the roof. The next one is going to be very bad." - in moneynews
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
