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%.

Sunday, June 14, 2009

Asia is the best place to Invest in the long term

Asia and particularly India and China are a better place to invest in in the longterm, says Jim Awad, of Zephyr Management. He explains why Asia's long term-potential continues to be attractive. The region, for the most part, has recovered from the 1997-98 Asian financial crises and, a return to high rates of economic growth can be guaranteed. China and India are both vast countries with young population just opening up to the development, there are plenty of opportunities and risks for private equity investors. Jim Rogers has always been bullish on China Singapore Japan Tai Wan South Korea and now even Sri Lanka he is a less enthusiastic regarding India although he said he loved the country and find it to be one of the most beautiful in the world











Chinese good Savers bad Consumers

Chinese shops feel the pinch of the Economical Crisis
Despite a booming economy, the financial crisis has exposed China's overdependence on exports to maintain its growth. As Beijing struggles to get its economy back on track, it looks to its local consumers for help. Unlike the Americans the Chinese are very good savers , very bad consumers . over the past decades Beijing have used cheap labor and low manufacturing costs to attract investment and drive growth with exports mainly to the American market however that policy have seen domestic consumption fall to less than 50% of the GDP an imbalance that needs to be corrected if china is to lessen its dependence on consumers in other nations , and that's the problem that faces the Chinese government right now , it has to convince a nation of window shoppers to dig deep in their pockets and spend the economy out of its current slump and continue to spend in the future in order to maintain the country's economic growth . concepts of consumption may change though with the younger generation .The government main goal is to keep the economy growing to maintain social stability a goal that can only achieved if it can convince its population to become good spenders
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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