Investing: Read From Various Sources

Be skeptical. Be skeptical of everything you hear and read. Try to get as many sources of information as you can. Get your information from various countries, various news sources. Then put it all into your brain and you can get it right.

Listening to one source of information, especially in 2017 is a dangerous thing to do!

The Traits of a Great Investor

You have to be skeptical, you have to be curious, you have to be willing to go against the accepted wisdom. You have to think independently and that is very hard to do. Be skeptical of everything you hear or read.

You do not do the opposite of what other investors are doing just to do the opposite. there must be a reason. Figure out what is really happening and you can be very successful in the markets.

I Love Investing In Markets That Are Hated (Market Vector Russia ETF Trust (RSX))

It could be a spectacular investment destination if the Russians have the right attitude. For what I can see, the attitude has changed in the Kremlin.

Plus, it is a hated market. I love markets that are hated. If something is changing and the market is hated... I love to invest in hated market. Russia has been a hated market, that is now beginning to change and it started going up a lot but it is still not a popular market. (Market Vector Russia ETF Trust (RSX))

Russia: A Fantastic Investment Destination

Something has happened in the Kremlin, the attitude has changed. they used to just shoot you or put you in jail or take your money if they did not like you. That has changed, I am not quite sure why.

They also have vast resources in Russia. It is not a big debtor nation like Spain or America, it has a balance of trade surplus in most years, so it could be a fantastic investment destination if they have the right attitude. (iShares MSCI Emerging Markets Index ETF (EEM), Market Vector Russia ETF Trust (RSX))

Currencies: I Don't Expect the Euro Currency to Survive

I do not expect the Euro currency to survive as it is now. I doubt that the European Union will survive as it is now. It is unfortunate, the world needs something to compete with the U.S. Dollar.

Markets: Time To Be Long Commodities

I still own commodities, I will probably be buying more commodities. I am not buying gold, otherwise most commodities are making bottoms during this consolidation. And its probably a time to be long commodities and the U.S. Dollar. (United States Oil Fund (USO), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (NYSE:RJA), PowerShares DB Agriculture Fund (NYSE:DBA))

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.

If Trump Imposes Chinese Tariffs, Sell Everything

If Donald Trump imposes a huge tariff on Chinese imports, you better sell everything you have in your portfolio, because it will cause serious problems. Trade wars cause you have economic turmoil, economic downturns and recessions and many times even bankruptcy. (FTSE/Xinhua China 25 Index ETF (FXI), SPDR S&P 500 ETF Trust (SPY))