Hot Product Investment (The True Principles of Investment from the Founder of the Quantum Fund)

Author: [USA] Rogers
Publisher:
Publish Date: 2005-09-01
Features: Historically, commodity prices have shown a negative correlation with stock, bond, and other financial instrument prices. When stock prices fall, commodity prices rise, and vice versa. This means that if you do not invest in commodities, you are not truly diversified. Commodity prices can even rise during economic downturns. The return rate of commodity investment has outpaced inflation growth. Stock prices can be zero, but commodities cannot. Unlike company stocks, commodities are physical assets that always have value to someone. The sustained growth of the Asian economy will drive strong global demand for all commodities. Especially China, which has rapidly shifted from a commodity exporter to a commodity importer, requiring massive consumption of iron ore, copper, oil, soybeans, and other raw materials. Currently, the bull market is not in the stock market or the bond market, but in the commodity investment market—smart investors will ride this bull in the next decade, setting records for investment returns. If you want to get rich, all you have to do is pay attention to where opportunities lie in the market, closely monitor major changes that could affect them, and then act rationally and responsibly. This also means seriously considering other markets that are better than real estate, stocks, and bonds, because none of these three markets will show significant appreciation in the next decade. Jim Rogers, the author of this book, is one of the most successful investors in the world, having earned so much money that he no longer needs to work for the rest of his life. He has never written a book on practical investment advice before—until now, with the release of Hot Commodity Investments. In this book, Rogers believes that the current global supply-demand chaos in commodities—the typical signal that a commodity investment market is nearing a long-term bull market. This bull market has already quietly begun around us and will continue for another 10 years. Rogers analyzes the history and future trends of commodities such as oil, gold, lead, sugar, and coffee from the perspectives of supply and demand, in an easy-to-understand manner. His advice undoubtedly points investors stuck in the stock market quagmire toward a bright path.