Click to play videoNew Delhi: Are market volatility and falling commodity prices leaving your investment plans in jeopardy? Commodity Guru Jim Rogers offers a few tips on how to sail through the current situation.
In early July crude oil prices had soared to a record high of $147 per barrel. But now crude has eased off and has even dipped below the psychological mark of $100 a barrel.
So has commodity as an investment instrument back in the reckoning?
"You got to buy when things are down. You don't want to buy when things are going up. If you had bought in July it would have been a disaster. They gain the money in October. But it certainly looks to me that genius are very lucky,"
says Jim Rogers CEO, Rogers Holdings.
The investment guru is also convinced that in the current global slowdown, commodities are likely to outshine equities.
He says when the economy is done with its bearish phase, commodities are going to revive first and go up the most.
(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)
More on IBNLive Right Now
TOP NEWS
MOST SHARED
PHOTOGALLERY
