Monday, October 23, 2017

ETF investing has pros and cons

Jim Rogers on investing and ETF's,

"ETF's are very efficient, very easy, very simple. There's no question about that. Therein lies part of the problem, of course, with ETF's is that they are easy, simple, etc and that makes it easy for somebody to say oh, I want to buy Germany, buy the German ETF, and don't even look to see what's in the German ETF or whether it's a good ETF to own. And maybe it should be a terrible ETF, but nobody looks anymore. And when we have the bear market, a lot of people are going to find that, oh my God, I own an ETF and they collapsed. It went down more than anything else. And the reason it will go down more than anything else is because that's what everybody owns."


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Thursday, October 19, 2017

Investing in Gold and Gold Futures

Jim Rogers on Gold and using leverage in trading

"Gold coins are the best way. And you should have physical possession of some gold coins. After that, gold futures are the best way if you want to make money and you're a good trader. Gold futures, that's where you can get the most leverage of any, unless you can find the right gold mine. But there are hundreds of gold mines. If you're smart enough and have the time to find the right two or three gold mines, then, yeah, then you'll make huge amounts of money in the right to - but, you know, there are hundreds of gold mines."


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Monday, October 16, 2017

FANGS vs Nifty 50

The US markets are nearing all time highs with the NASDAQ rising for the third straight week and closing at 6624. Jim Rogers mentions in an interview the similarities between the 1970's and now in 2017.


"I remember in the early 70's, there was something called the Nifty 50, and they were 50 stocks that everybody - JP Morgan bought everyday. Didn't matter. Avon, Xerox, IBM - they were stocks that always were eternal growth stocks. And they just kept - we would short them, and they just kept going up. They never stopped. Polaroid-- that was another. And they just never stopped going up. 
Everything else stopped going up but those Nifty 50, which would be something like the FANGs today, or maybe in the late 90's, some of the other kinds of stocks. So this has happened before in market history. They eventually crack, there's no question.  
And to today, if you look at the S&P 500, for instance, in the US, I think there are only 40 or 45 stocks that are above their 50-day moving average, to use technician's kind of talk. Everything else is in a downtrend. And yet the market is making all-time highs.
What is that - over 90% of the stocks are in downtrends. 10% are in uptrends, but they're big companies. And since the S&P is capitalization weighted, those 50 stocks, 40 stocks, whatever it is, dragged the average to all-time highs."

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.

Monday, October 2, 2017

Jim Rogers worried ETF's could hurt investors

A lot of investors are now buying ETF's and that could affect the stock market according to Jim Rogers. 

"When we have the bear market, a lot of people are going to find that, ‘Oh my God, I own an ETF, and they collapsed. It went down more than anything else.’ And the reason it will go down more than anything else is because that’s what everybody owns.

If somebody can just take the time to focus on the stocks that are not in the ETFs, there must be fabulous opportunities in those stocks because they’re ignored. Some of them have got to be doing very, very well. And nobody’s buying them, because only the ETFs buy stocks."


via marketwatch.com/story/jim-rogers-says-etf-holders-will-get-mauled-by-the-worst-bear-market-ever-2017-09-21


Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.