Billionaire Jim Rogers: money must be invested in the East!

It's strange to hear from an American that the dollar is becoming unpopular. However, Jim Rogers, a successful American investor who was born in Baltimore, Maryland, USA, in all his interviews in 2015 sends out clear messages to the public that the US currency will soon end, the bubble will suddenly burst, and invest in The dollar is not recommended. And when asked about where to send free flows of liquidity, it says that Russia, Kazakhstan, Asia are those directions and countries that are most attractive for the near future in terms of investments.

Jim Rogers is a man who likes money

Such forecasts, very flattering for our country, are given by this clever strategist, who has made a multimillion fortune in the financial field. Today this man is 73 years old (born October 19, 1942), he lives in Singapore (believes that this city is very promising), teaches finances, gives comments in the media on the topic of investment, is the author of five books, a happy husband (his wife - Paige Parker) and the father of two daughters - one born in 2003, and the second - in 2008. Jim Rogers - a financier, a successful businessman, husband, father, writer, philanthropist - in general, the person is versatile. One of the books written by him is built as a list of tips for the youngest daughter and is called A Gift to My Children: A Father's Lessons For Life And Investing. The book was published in 2009.

Who wants to become a millionaire?

This is an interesting and rich life for a man who once started together with George Soros - colleagues founded the Quantum Foundation, having increased the value of his portfolio by 4200% over 10 years - the partners together earned their first million. Analytical mind Jim Rogers honed first at Yale University, then - in Oxford. The future tycoon studied politics, philosophy and economics. In 1964 and 1966 he received degrees and began to realize his dreams ...

Youth

While still a student, James worked in the company of Dominic and Dominic, and it was then that the passion for what was happening on Wall Street-shares, currency, securities-awoke in him ... He groped for his path, which he had never betrayed, and walked along the thorny path Investor by trial and error.

And after the service in the army went to conquer the heights of the financial world. And today he opaque hints that the state, which continuously prints its currency, in the long term destroys its economy and its entire country. Perhaps the American billionaire Jim Rogers, a man who has made a fortune in fluctuations in rates and stocks, knows what he is saying ... His message about the currency concerns his native country. He says that the main task of the investor is to follow the events in the world, and on how carefully the events will be monitored and how much the correct conclusion will be made by the investor, and the success of the investor depends on the financial field.

To live is to travel!

The year of the Olympic Games in the USSR - the 1980th came. Jim Rogers left the case and went on a trip around the world. He took his wife with him, and on a motorcycle they went to different countries and assessed the standard of living of people in different countries. Their journey lasted almost two years. At the same time, Jim complained that, unfortunately, his native America is in an unsatisfactory condition due to isolation from the outside world and unwillingness to improve his life and deal with economic problems. Then he was 37 years old. At the same age, he became a full-time professor at the Columbia University Business School .

Own system of measures

He has everything from material wealth. There is no such thing that he could not buy. And in 1998 he created even his own commodity index - the Rogers International Commodities Index.

A look to the east

"Do not buy a dollar, it will soon begin to weaken!". This is claimed by Jim Rogers, whose quotes by many beginner and experienced investors are perceived as a guide to action. He confidently says the following: "If somewhere in the world the civil war ends, do not miss the opportunity to invest in this market." Perhaps he means precisely Russia, predicting a quiet future for her?

He himself views the ruble, Asian monetary units and ... Kazakh tenge as a promising currency for long-term investment. And buys them. According to his forecasts, paper currencies, unsecured, may well turn out to be in a deep crisis, while precious metals expect price growth. According to him, there may be a new economic crisis in Europe and America, while the developing countries of Asia are very promising, but not so powerful as the West. Today Russia is a very serious partner. The Kremlin has reevaluated values over the past decades, and the Russian market is now attractive to financial investments - as Jim Rogers explained his investments in the papers of Aeroflot, the Moscow stock exchange and the company of the agro-industrial complex.

The most promising Jim considers Russian agriculture. And he thinks out slowly whether to invest in Kazakhstan projects. Since Astana became the capital of Kazakhstan, more than 100 billion dollars have been attracted to the city. Jim believes that neither Europe, nor Brazil, nor even America can and closely compare with Astana. Today, the leadership of the Kazakh capital attracts foreign investors and works with already existing financiers, creating them even more attractive conditions for repeated cash investments.

Tips for the future

He advises parents around the world to teach children Chinese. Most likely, China is the future of the planet, maybe not in the next few years, but in this century for sure. Chinese, students and working abroad, return to their homeland and knowledge, and innovation, they are interested in the development of their country. So investor Jim Rogers turns his view to the east, but he is right or wrong, time will tell.