For some investors, the political changes that happened in Brazil over the last few years may have scared them away from the country. But Igor Cornelsen, a former Brazilian investment banker says there are actually new opportunities to invest in Brazil that may yield higher returns than before if you play your cards right. You do have to deal with tighter regulations for the time being, but there’s so many Industries to buy into that could add significant gains to your portfolio. Cornelsen says first you need to become familiar with the five big banks in Brazil because they drive most of the market. Second, be aware of how stable the Brazilian real is, and third pay attention to its trade competitors and partners. View ireport.cnn to know more.
Igor Cornelsen holds an economics degree and spent most of his years as a portfolio manager at a big Brazilian bank and also served as an advisor to the Ministry of Finance. He’s retired now but still works sometimes as a consultant for various firms. You can find independent advice from Cornelsen on his social media sites including WordPress and Tumblr, and he’s also been interviewed for CNN’s financial page.
Cornelsen often gives out simple but important concepts for investing that he wants everyone to know about. First, he encourages investors to invest in stocks that have a good steady track record of going up and that are not too risky. The goal he says should be to make investments that will meet long-term goals as opposed to looking for quick trades to make money overnight on. Second he says you should have more than one kind of investment in your portfolio so that any losses you do incur could be offset by gains. And he says you need to follow your investments closely and if they’re doing well, put more money into them.