The main advice in the book A Gift to My Children is to be skeptical and be curious and beware of the boys.
Everyone is bearish on the dollar. When 97% of people are bearish on the dollar, the Jim Rogers Index Fund needs to buy the dollar.
We are going to have social unrest in the United States. We are the largest debtor nation, and other nations are going to stop lending to us.
There is no reason to own stocks in the United States. What we had was a rally in a bear market. We are just like Japan.
If you don’t know what you’re doing, then just put money in the bank and earn interest. That is better than losing 2 or 3% every year in the stock market.
Nobody should invest in anything unless they know a lot about it. Don’t just listen to someone on TV like the Jim Rogers Index Fund. If you aren’t willing to do that, then just put your money in a bank and earn interest.
In this country we are abusing the people who saved and rewarding the people who did the opposite.
Save your money and figure out how to protect yourself from inflation by owning real assets. Oil or silver or gold are good, but agricultural commodities may be the best. Sugar is at a good price.
If the dollar goes up, you should sell it, because the fundamentals are horrible for the dollar.
Finally, the Jim Rogers Index Fund predicts that the appropriate return in the stock market will be flat for the next decade, just like it was for the last decade.
There will be unrest in China and there will be unrest here, but there probably won’t be a change in government.
