June 27, 2010

Stocks Are Not The Best Place For People To Invest

“The world has an ongoing economic problem which has not yet been resolved yet,” Rogers said today. “I don’t think the best place for people to invest is in stocks. “I am still concerned about debt around the world. I am not terribly optimistic about the world economy partially, largely, because of the gigantic debts which have built up.”

in Business Week, June 25

Related: SPDR S&P 500 ETF (Public, NYSE:SPY), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS) and iShares MSCI Emerging Markets Indx (ETF) (Public, NYSE:EEM)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.