In order to reach financial security, most people will need to invest in the stock markets. While stock markets have historically gone up over a long period of time, the wild fluctuations from one year to the next can make any investor nervous. For those that are looking to invest, taking tips and advice from a savvy and successful investor could be a great option. One investor that historically has provided great advice is Igor Cornelsen.
Igor Cornelsen according to flickr is currently the proprietor of Bainbridge Investments, an investment management firm. Prior to taking this role, he was a leading manager of several different Brazilian investment firms. Igor Cornelsen has since retired and lives in South Florida, but still routinely gives investment advice to those looking to achieve a higher rate of return.
Given Igor Cornelsen’s experience gained working in the Brazilian banking system, Cornelsen has plenty of advice to give when it comes to investing in Brazilian companies and those based in other emerging markets. Like most businesses, the success of companies in Brazil, as well as much of South America, are based on the success of the Brazilian banking system. There are currently ten major banks in Brazil, which will need to continue to lend to companies in the country in order for the overall economy to grow. As long as the Brazilian credit marks stay open, there should be plenty of room for growth for local businesses looking to grow in the global marketplace.
While the local banking system is very important to the success of Brazilian stocks, the country is also heavily dependent on China. China is Brazil’s largest external trading partner. If China is doing well, it will mean that Brazilian companies will be able to purchase goods at lower prices, which will result in better profits. However, China will also provide some significant competition when it comes to producing and exporting goods to other countries, such as the United States.