Tuesday, June 12, 2012

Jim Rogers: Wanna Get Rich? Become a farmer.

Jim Rogers, American investor and billionaire, shared his insights with all those who want to become rich in the next 20 years. The co-founder of the Quantum fund revealed one money making opportunity that should work well in the upcoming decades if people put all their efforts into making this idea reality.

According to Rogers, the one thing that everyone should do is get a land and become a farmer. The billionaire believes, that if a man is competent and motivated enough, this is going to be a great business for the next 20-30 years.

So, if you’re looking for a ground floor opportunity, the thing you should do is - buy a farm. Rogers justifies his point of view with the fact that the need for agricultural commodities will drive broadly. The reason for that is the blossoming middle class of China and other emerging nations.

And right now, in time of economic crisis, there aren’t enough farmers to meet that demand. Rogers believes that it is a mistake, that more people study public relations in USA then study agriculture. The average age of a farmer in the States is 58.

He takes both as signs that the industry is badly undeserved and anybody who can recognize the opportunity will be rewarded. In his opinion, it will be the farmers driving Lamborghinis in the near future.
Jim Rogers, a native of Demopolis, Alabama, is an author, financial commentator and successful international investor. He has been frequently featured in Time, The Washington Post, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times, and most publications dealing with the economy or finance.

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