Tuesday, January 31, 2012

Jim Rogers : time to Buy China Again

Jim Rogers : well, china is maybe starting to loosen up again. they tried to cool things off for two-and-a-half years, somewhat successfully. they have gotten inflation down. they have broken estate bubble. I am not buying any china yet. but it looks like it might be about time to buy again, to my surprise. I was hoping for another collapse in the stock market before I buy. it may not happen. I may have to start buying sooner.- in CNBC


 
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%.

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