Whenever you consider investing in anything, you must have adequate knowledge of what you are getting involved in. Investing is not a get-rich-quick scam or an easy gamble as a number of potential investors conclude as it focusses more on your long-term goal. It needs you to be not only objective but also patient. In this field, Igor Cornelsen is focused and plays his cards right every time.
Igor Cornelsen is an incredible investment adviser who works at ensuring that new investors start off well and make the best out of their principals. To do this, Mr. Igor goes through portfolios of different individuals so as to offer the best, customized advice on the most appropriate stock market.
Brazil has the eighth largest economy in the world and China’s greatest trader. They are good export competitors to the rest of the world. On the other hand, when it comes to banking, Brazil has been left behind since the residents are ignorant on such matters. Igor is a Brazilian willing to share a few tips with his fellow Brazilians.
- Be aware of the restrictions on foreign currency
If you are not a resident of a certain country, it is important to be connected to a bank that can handle foreign currency. Also, be informed of the interest rates and that they fluctuate depending on the nature of a given transaction. This will be helpful in being accurate in following up with your investments.
- Be ready for the red tape
When getting into the Brazilian market, there are some rules and regulations that you must know and strictly follow them. Some of them include the high tax rates, the rigid labor market that is restrictive and also the complexity that comes with the investment market. However, with patience, an investor is bound to reap bounty returns in the end.
- Maintain connections and networks with the Brazilian residents
As an entrepreneur, it is crucial to keep the connections and networks to be successful. The Brazilian residents are friendly and will appreciate any information given to them especially if it is based on a personal experience.
Although the stock prices were not cut down, not all investors were scared off easily. Even with a GDP of 2%in the past 6years.