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%.

Saturday, April 18, 2015

The Renminbi may double or triple in the next 10 to 20 years.





Q: You have been bullish on the RMB for a long time, but the RMB only appreciated for roughly 12% since 2008. You can't say that it's a great performance as an investment?



Jim Rogers : That depends on what you compare with. There are many other currencies that were down. We presume one has earned interest as well even if it's just put into a CD (certificate of deposit). Don't forget that those interests get compounded.
But you are right, there are many other investments that could have made a lot more money. But the point is the currency has continued to appreciate and will continue to appreciate. It may be double or triple in the next 10 to 20 years.





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%.

3 comments:

  1. Of course , dont be afraid you have done all and sometime i feel you are instable, dont be , there is no way that you are wrong , you are number one and living legend and asia is going up , nobody can stop it as i always with you as i can and do .....祝你今天愉快

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  2. Of course , dont be afraid you have done all correct and right, and sometime i feel you are instable, dont be , there is no way that you are wrong , you are number one and living legend and asia is going up , nobody can stop it as i am always with you as i can and do as i breath and see , zaijian.....祝你今天愉快

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  3. 吉姆先生 listen , watch to whoom you are giving interviews, as on youtube you give a intereview to some american investor tv , then i put comment like mister jim is living legend and super and they attack me and say creasy things, american people are in hypocrisia so be carefull , zaijian 吉姆先生

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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 "
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