Tuesday, January 11, 2011
Jim Rogers: You Should Move To Asia For A Better Life
"In 1807, if you had moved to the U.K., you and your heirs would have been much, much better off for the next 100 years. If in 1907 you had moved to the U.S., you and your heirs would have been much better off for the next 100 years.
In my view, moving to Asia in 2007 means my heirs are going to be much better off in the next 100 years.
In 1907, if you had stayed in Poland or China, you would not have had a great future, nor your families. Had you moved to America, [your descendants] would have had a much better future. Who knew what they would do, if they would become doctors or what, in the next 100 years. But whatever happens to them, they were better off. They spoke English, which became the world's language.
My view is that the 21st century is going to be the century of Asia, of China. If I'm right about the future, you are going to have a better life [if you move there], better opportunities, and better everything going where the action is, where the assets are."
Jim Rogers
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china,
jim rogers
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The problem with Rogers is that he is correct on his future assessments, but his timing is so far off, he ends up in the poor house trading his own money.
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