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Jim Rogers warns of ‘worst bear market’ in his lifetime – these are today’s ‘least dangerous’ assets

Jim Rogers warns of ‘worst bear market’ in his lifetime – these are today’s ‘least dangerous’ assets

Jim Rogers warns of ‘worst bear market’ in his lifetime – these are today’s ‘least dangerous’ assets

With the S&P 500 down 21% year-over-year, stocks are in dire straits — but according to veteran investor Jim Rogers, that’s just the beginning.

“This has to be the worst bear market in my lifetime, which means it will go down a lot and it will last for a long time,” the 79-year-old said. Told ET Now earlier this month.

Rogers knows a thing or two about making money in turbulent times. He co-founded the Quantum Fund with George Soros in 1973 – right in the middle of a devastating bear market. From then to 1980, the portfolio returned 4,200%, while the S&P 500 rose 47%.

If you’re looking for a safe haven, Rogers says there is “no such thing as a safe” in the investing world. Nevertheless, Millionaires points to two properties that can help you face the onslaught of the future.

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silver

Precious metals are the preferred choice for investors in dark times, and Rogers is a longtime advocate.

“Silver is probably less dangerous than other things. Gold is probably less dangerous,” he says.

Gold and silver cannot be printed out of thin air like fiat money, so they can help investors hedge against inflation, Also, their prices remain flexible during times of crisis.

But that doesn’t mean they’re crash-proof.

“I’m not buying them right now, because in a big collapse, everything goes down. But I’ll probably buy more silver when it goes down some more.

Silver is widely used in the production of solar panels and is an important component in the electrical control units of many vehicles. Rising industrial demand, in addition to its usefulness as a hedge, makes silver an especially compelling asset for investors.

You can buy silver coins and bars directly at your local bullion shop. You can also invest in silver ETFs like iShares Silver Trust (SLV).

Meanwhile, silver miners like Wheaton Precious Metals (WPM), Pan American Silver (PAAS) and Coir Mining (CDE) are also in a strong position for a rally in silver prices.

agriculture

You don’t need an MBA to see the appeal of agriculture in a bear market: no matter how big the next crash, no one is crossing “food” out of their budget.

Rogers sees agriculture as a potential refuge in the coming fall.

“Silver and agriculture are probably the least dangerous things to do in the next two or three years,” he says.

For a convenient way to get broad exposure to the agriculture sector, see Invesco DB Agriculture Fund (DBA). It tracks an index composed of futures contracts on some of the most widely traded agricultural commodities, including corn, soybeans and sugar. The fund is up 9% in 2022.

You can also use ETFs to tap into individual agricultural commodities. Teucrium Wheat Fund (WEAT) and Teucrium Corn Fund (CORN) have grown by 38% and 27% respectively in 2022.

Rogers also likes the idea of ​​investing in the farm itself.

“Agriculture will get better until we stop dressing and eating food. If you really, really love it, go out there and have a farm for yourself and you’ll be very, very, very rich,” he told financial advisory firm Wealthian late last year.

Some real estate investment trusts specialize in owning agricultural land, such as Gladstone Land (LAND) and Farmland Partners (FPI).

Meanwhile, new investment services allow you to: invest in farm By taking a stake in the farm of your choice. You’ll earn cash proceeds from leasing fees and crop sales — and any long-term appreciation on top of that.

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This article provides information only and should not be taken as advice. It is provided without warranty of any kind.

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Jim Rogers warns of ‘worst bear market’ in his lifetime – these are today’s ‘least dangerous’ assets

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