Jim Rogers turned investing into an international thrill ride in his books Investment Biker and Adventure Capitalist. His latest effort, Hot Commodities, explains how to invest in everything from tin to coffee--with detours into Brazilian sugar farms and Dutch smuggling rings. TIME's JYOTI THOTTAM asked him for some New Year's wisdom.
TIME: What will the investment markets look like this year?
JR: I expect the U.S. stock and bond markets to be down in 2005. George Bush spent huge amounts of money in 2003 and 2004 to get the economy going. To top that is impossible, so we have to have...
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