Igor Cornelsen is a very successful and prominent Brazilian expert in the stock market, banking, and investment. He has been a financial advisor as an investment banker with forty years of experience. He organized investment firms, trade investments on the international playing field and discretionary accounts. Igor Cornelsen has worked as an executive with prominent Brazilian banks, and after retiring, he has an ownership interest in Bainbridge Inc.
Igor Cornelsen advised the Brazilian Ministry of Economics. He provided investing advice in commodities as an author of articles in well-known journals and magazines. Bainbridge’s expertise is in strategic counseling. Bainbridge customizes is business strategies and provides tactical and affordable solutions.
Cornelsen advocates long-term investing as a retirement tool and to avoid the stock market if you are ignorant about how it operates. He has three tips for ensuring a successful investment based on a sophisticated economic understanding of how to part with your money intelligently:
- Understand the culture where you’re investing
Dynamic investing requires an understanding and connecting with the culture, the business environment and financial habits of its residences. It is essential to form networking connections and study their financial habits. For instance, twenty-five percent of Brazilians, between the ages of eighteen and sixty-four are practicing entrepreneurs. One should listen to conversations about their values and their experiences.
- Know how to work through the system
There may be roadblocks to your business success if you have not studied the rules and regulations of how to legally structure your business such as the complexity of regulations, taxes, and the rigidity of labor. It is Igor Cornelsen’s view that the Brazilian economic system in recovery and controls are barriers to growth.
- Understand currency exchange rates
It is critical that the business owner knows how to conduct business beyond Brazil’s borders or it will be impossible to do business. There is a possibility of a significant loss of financial assets, based on using the wrong currency exchange rate, especially in Brazil where its Central Bank can, at will, change the rate used for commercial transactions.