Four Invaluable Tips from Esteemed Brazilian Banker Igor Cornelsen

Virtually every wealthy person accumulates their wealth from investing the money they’ve worked for or inherited, rather than holding cash money. Some financial markets yield more returns than others, with many North Americans seeking international investments in Brazil.

Igor Cornelsen is a banking expert that’s lived, worked, and invested in Brazil for decades, and offered key advice to investors interested in the Brazilian marketplace.

PR Newswire originally purveyed his four crucial tips to the world in early 2015, although the tips still reign true to this very day. Let’s touch on the four tips Igor Cornelsen shared with the world, things that every investor can benefit from.

Pay attention to China

China’s economic activity has noticeable effects on Brazil’s. As such, it’s important to keep a tab on the news in both countries and what current events mean for financials.

The real is severely overvalued

Brazil’s currency, the real, has been overvalued for decades, meaning its price is entirely outweighed by what it can actually be traded for. Investors should steer clear of the real, and trade any Brazilian currency they already have in tow. Learn more about Igor Cornelsen: https://about.me/igorcornelsen1 and http://icrowdnewswire.com/2016/10/07/igor-cornelsen-fala-sobre-os-bancos-brasileiros-e-o-que-fazer-antes-de-investir/

Brazil’s politicians can have marked effect on the economy

Guido Mantega is just one example of a Brazilian politician that didn’t serve Brazil’s economy very well. His economic matrix plan was one of the largest flops in Brazilian history, causing Brazil’s financial markets to plummet. Investors should keep note of elections and political appointments, as changes in the political office often translate to financial performance.

Only trust the best, most reputable banks

Bradesco, Itau Unibanco, and Banrisul are three of the largest ten banks in the South American continent of Brazil.

Even though some smaller banks offer attractive deals that are difficult to turn down, investors’ money generally isn’t safe in the hands of financial institutions outside of the most established.

Read more: 5 Ways To Make Your Business Healthier: Investment Advisor Igor Cornelsen Gives His Insight

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