Igor Cornelsen is a Brazilian investor and retired banker who made a name for himself in the banking industry by managing some of the biggest banks in Brazil and maintaining a huge percentage of the country’s gross economy. Igor is an expert investor in the stock market, commodity, and foreign exchange investment. He currently works with the Bainbridge Group. Additionally, he works as a banking and investment consultant thanks to his background in the financial sector. Igor, however, spends most of his retirement playing golf in South Florida. He is also a strategy innovator in investing in damaged stocks and companies.
As an investor, Igor Cornelsen frequently shares his expertise with others on different media outlets. His advice on investing the Brazilian economy is simple: connect with the natives, prepare for the red tape, and have knowledge of foreign currency restrictions. His reasons for this are the fact that most Brazilians are entrepreneurs; therefore, networking to ease your way into business and finance within the nation should be a walk in the park. He, however, cautions that the Brazilian market comes with plenty of regulations that foreigners should be aware of that range from a restrictive, rigid labor market, regulatory complexities, high taxes, and widespread bureaucracy. Additionally, foreign-currency transactions can only be conducted through authorized financial institutions, which also have different foreign currency exchange rates, depending on the operation. Lastly, Brazilian banks in the private sector only lend to borrowers with a good credit score which consequently streamlines costs for the banks. Despite all the complications, one stands to reap huge profits by investing in the Brazilian economy if one follows these pointers. Knowledge of the elements at play in the economy will help keep you afloat, especially for first-time investors.
As a potential investor, Igor Cornelsen advises that one should start as soon as possible, get an adviser, should be careful not to lose money, and lastly, that one should diversify his or her portfolio. Such knowledge and expertise have seen Mr. Cornelsen featured on various media outlets such as PR Newswire, CNBC.com, and WordPress, in addition to major conferences such as Virtualization Conference & Expo 2012. Additionally, Igor offers more of his insights on his Facebook and LinkedIn Pages.
Know more about Igor at http://igorcornelsen.wikidot.com/