Comments on: Jim Rogers is not for diversification http://www.mypennysense.com/jim-rogers-diversification It's all about the penny and cents Sat, 12 Nov 2011 09:00:56 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Peter Lim http://www.mypennysense.com/jim-rogers-diversification/comment-page-1/#comment-676 Peter Lim Fri, 12 Mar 2010 15:43:31 +0000 http://www.mypennysense.com/?p=655#comment-676 Says Buffett, "If you are not a professional investor, if your goal is not to manage money in such a way that you get a significantly better return than world, then I believe in extreme diversification. I believe that 98 or 99 percent — maybe more than 99 percent — of people who invest should extensively diversify and not trade. That leads them to an index fund with very low costs. All they’re going to do is own a part of America. They’ve made a decision that owning a part of America is worthwhile. I don’t quarrel with that at all — that is the way they should approach it." http://peterlim80.blogspot.com/2008/12/what-warren-buffett-says-about.html Says Buffett, “If you are not a professional investor, if your goal is not to manage money in such a way that you get a significantly better return than world, then I believe in extreme diversification. I believe that 98 or 99 percent — maybe more than 99 percent — of people who invest should extensively diversify and not trade. That leads them to an index fund with very low costs. All they’re going to do is own a part of America. They’ve made a decision that owning a part of America is worthwhile. I don’t quarrel with that at all — that is the way they should approach it.”

http://peterlim80.blogspot.com/2008/12/what-warren-buffett-says-about.html

]]> By: Penny http://www.mypennysense.com/jim-rogers-diversification/comment-page-1/#comment-535 Penny Fri, 31 Jul 2009 03:07:26 +0000 http://www.mypennysense.com/?p=655#comment-535 Alvin, I agree. Speculation really isn't the game for most people. For those who made it rich by speculation, they are some of the lucky ones indeed! Financial Fool, if only we can get our hands on the kind of portfolio these rich investors are having... ;) Alvin, I agree. Speculation really isn’t the game for most people. For those who made it rich by speculation, they are some of the lucky ones indeed!

Financial Fool, if only we can get our hands on the kind of portfolio these rich investors are having… ;)

]]> By: Financial Fool http://www.mypennysense.com/jim-rogers-diversification/comment-page-1/#comment-531 Financial Fool Thu, 23 Jul 2009 03:38:53 +0000 http://www.mypennysense.com/?p=655#comment-531 Kiyosaki also does not diversify. Remember how we should think like the rich? Time to re-look at our investment portfolio and realign them to the rich then! Kiyosaki also does not diversify. Remember how we should think like the rich? Time to re-look at our investment portfolio and realign them to the rich then!

]]> By: Alvin Lim http://www.mypennysense.com/jim-rogers-diversification/comment-page-1/#comment-530 Alvin Lim Thu, 23 Jul 2009 00:14:48 +0000 http://www.mypennysense.com/?p=655#comment-530 Never heard of Jim Rogers. LOL. But all I can say is, if one wants to be rich, don't diversify and don't speculate. It takes a lot of luck to speculate successfully. Invest most of your $$$ into the few industries u know very well. If you want to play safe and gain a decent % per year, then go for a diversified portfolio. Less risk, less gain. Never heard of Jim Rogers. LOL. But all I can say is, if one wants to be rich, don’t diversify and don’t speculate. It takes a lot of luck to speculate successfully. Invest most of your $$$ into the few industries u know very well. If you want to play safe and gain a decent % per year, then go for a diversified portfolio. Less risk, less gain.

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