Category Archives: Financial Advice

Igor Cornelsen Concern About The Brazilian Banking Industry

Igor Cornelsen is prominent in Brazil for being one of the top bankers in the country. However, he is retired from the industry despite management the largest bank institutions in Brazil. He contributed to the great gross product that the country received from the growth of the bank industry. His concern, however, is the state of the Brazilian banks that is not appealing at all. One the country has to prepare itself for the devaluation of its currency which has been playing high for years. The banks are now experiencing huge profits after the top most banks have been making huge profits in 2014 and 2015. The secret out of this problem Cornelsen says is having the basic knowledge about the market. The state of the banks has even made private banks in Brazil loan money only to those borrowers they see with a high potential to pay back.

Igor Cornelsen hence advises everyone interested in investing in Brazil to take notice of the top performing banks and conduct proper market research of the banks before embarking on investments. Investing in Brazil according to Igor might not be bad especially with the new financial minister who is most likely going to reform financial policies to favor investments. Brazil is the 8th largest economy I the world and it complements itself with China; Brazil produces more agriculture products and China more of energy and fuel which they trade in exchange. With the coming up of Olympic champions in Rio possibly there could be a great shift of improvement of the current state. Igor is for the cautious look at the basics and the background of a firm before embarking n investing in it.

After retiring from the Brazilian banks, Igor according to igorcornlsenwordpress joined Bainbridge and is concentrating on stock market investment. He is also an expert in trading with commodity and foreign exchange. Currently, he stays in South Florida after retirement and uses most of his retirement time to play golf. He is also a great consultant person rated from his expertise, and the bank industry and investments have been his career all his life. Despite retiring, he pursues an investment from time to time.

His greatest caution for investors is to avoid investing without enough knowledge about the commodity in the market. In addition, he advises on comprehensive market research on the background of the company, the present holdings, and how well it is likely to perform in the future. A great investor has to sacrifice his investments for decades if he/she wants to make huge profits from it. Igor himself has made millions from long-term investments. Plus he warns investors over risk and getting committed to one huge large stock. One has to be prepared to make smaller but successful and numerous investments in addition to staying in the playing field long enough.