Jim Rogers: what to buy now

Commodities will shine again, says professional investor Jim Rogers – but there are still some equity markets worth putting your money into.

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(Image credit: 2008 China Photos)

Jim Rogers,author and investor

However, not all stockmarkets are heading for further falls, reckons Rogers. Smart investors need to "buy low and sell high". It may sound like obvious advice, but Rogers points to a number of markets that are well below their all-time highs yet remain out of favour with investors. "China's down 60% from its all-time high. Japan's down 50%... Russia is hated I own Russian shares; I own Russian bonds; I own the currency."

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Rogers made his reputation as an adventurous investor his book Investment Bikerwas all about a post-Quantum Fund gap year spent touring emerging markets and he hasn't changed. On his radar now? Zimbabwe. With former dictator Robert Mugabe no longer in power, Rogers reckons "things are going to change. They may get worse, but I would suspect Zimbabwe is now an interesting place to look". But do your research. "If you can't find Zimbabwe on a map... please do not invest... Only invest in what you, yourself, know a lot about."

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