Hot Commodities : How Anyone Can Invest Profitably In The World's Best Market Download Free (EPUB, PDF)
This is a limited supply copy of the hardcover book personally autographed by the author. Get your copy of this collectible item, autographed by the legendary Jim Rogers himself!
Hardcover: 272 pages
Publisher: Random House; Copyright 2004 edition (December 28, 2004)
Language: English
ISBN-10: 140006337X
ISBN-13: 978-1400063376
Product Dimensions: 6.4 x 1 x 9.6 inches
Shipping Weight: 1.1 pounds
Average Customer Review: 4.0 out of 5 stars See all reviews (163 customer reviews)
Best Sellers Rank: #442,435 in Books (See Top 100 in Books) #149 in Books > Business & Money > Investing > Commodities
Rogers wrote this book because he runs a commodies index and a fund to go with it. The book is poorly disguised advertising. With that said I believe Rogers is sincere in his beliefs. However, as usual there are several caveats. First, he quotes papers and research showing that investing in commodies in the past has been less risky and had better returns than equities or bonds. All of this research however ignores institutional risk associated with commodity investing. The fees are high, the market is sometimes manipulated, the investor virtually has to use a full service brokerage firm, and even Roger's mutual fund is available only through a broker and has high surrender charges. Second, although many money handlers like Rogers end up rich, it is almost never pointed out that the vast majority of their money is not made by their own fantastic investing but by charging high fees to their investors. Look at the fees on the Rogers fund. Good God. Third, the various commodity indexes that are out there are new. Gibson, in his book on asset allocation, took the Goldman Sachs index back to the good old days of the seventies not bothering to point out that the GMCI only dates back to 1992 and so this was essentially backtesting - a popular hobby even though there is much evidence to indicate this is not the way to go. There are good reasons to believe that the commodity bull market of today will not repeat the golden years of the seventies even though it is real enough. None of this even touches the fact that the average investor should only have 5 - 10% of his money (at the most) in commodities. Either high minimums on the funds or huge front and back end fees will keep everyman out.
Commodities Trading For Beginners - How To Make Money With Commodities Trading (Commodities Trading, Commodities Investing, Commodities Market) Hot Commodities : How Anyone Can Invest Profitably in the World's Best Market The Book on Tax Strategies for the Savvy Real Estate Investor: Powerful techniques anyone can use to deduct more, invest smarter, and pay far less to the IRS! Hot Sauce!: Techniques for Making Signature Hot Sauces, with 32 Recipes to Get You Started; Includes 60 Recipes for Using Your Hot Sauces The Snazzy Jazzy Nutcracker: Hot, Hot, Hot in 1929! Hot Hot Hot How To Make Profits Trading in Commodities: A Study Of The Commodity Market, With Charts And Rules For Successful Trading And Investing Investing: How to Generate Wealth in Today's Market: An Investor's Guide to: Stocks, Bonds, Commodities, Futures, Mutual Funds, Options and your 401K Building Spec Homes Profitably: The Professional's Guide The Strategy and Tactics of Pricing: A Guide to Growing More Profitably Hyper Sales Growth: Street-Proven Systems & Processes. How to Grow Quickly & Profitably. Finding the Next Starbucks: How to Identify and Invest in the Hot Stocks of Tomorrow Smart Investor: Warren Buffett Way: How to know the stock market has bottomed? (Market Crash, Intelligent Investor, Stock Market, Financial Freedom, Stock Valuation, Wealth Creation Book 1) Stock Market: Beginner's Guide to Stock Trading: Everything a Beginner Should Know About the Stock Market and Stock Trading (Stock Market, Stock Trading, Stocks) 555 Hot Marketing Headlines: Over 500 Advertising Headlines You Can Use Right Now to Sell More (Hot Marketing Strategies, Book 1) A Cast Iron Morning: The 50 Best Cast Iron Breakfast Recipes That Anyone Can Make The Secret Club That Runs the World: Inside the Fraternity of Commodities Traders You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market P Your First Interview: For Students and Anyone Preparing to Enter Today's Tough Job Market
