Florida Investment Expert Igor Cornelsen Thinks Brazil Assets Are Coming Back

    Brazil may be the home of the most love-crazy soccer fans in the world, but the country is also an investor haven. It’s hard not to see...

 

 

Brazil may be the home of the most love-crazy soccer fans in the world, but the country is also an investor haven. It’s hard not to see the bright of investing in Brazil, according to Igor Cornelsen, the CEO of Florida-based Bainbridge Investments. Igor Cornelsen is an ex-banker who still has connections to Brazi in banking terms, manufacturing, and the government. Igor is quick to expose his clients to Wall Street picks like Banco Bradesco. He is also quick to point out the stocks that will eat them alive.

In order to set the tone in potential client meetings, Mr. Cornelsen gives three simple, but important tips to investors. The first tip he gives potential investors is, “make a connection with someone in Brazil.” That person can help with concerns about assets that look good, but may not be as well as other investment issues. Finding a successful and open investor who lives in the country would be the best move.

Igor gives these three tips because they are the foundation of any good investment strategy. For example, the second tip is a well-known tip most new investors learn the hard way. The tip, “expect the unexpected” is a slogan as well as a tip in the investment business. Hurricane Harvey is a good example.

And the third tip is all about managing money in a country with their own currency. Brazil has three foreign exchange methods, and all of them give investors different amounts when an exchange takes place. There is a commercial currency exchange rate. An official exchange rate, and a black market rate. Most foreign investors don’t have access to black market exchanges. Cornelsen doesn’t guarantee big returns, even though an investor follows the tips.

There are few voices in the world of investing as trusted as that of Igor Cornelsen. He is someone who has earned his respect right along with his money. In particular, he tends to focus on international investing. Anywhere that there is an opportunity, you can expect that Igor Cornelsen will find a way to work it to his advantage. So remember:

Understanding The Locals

There is nothing quite like a good understanding of local culture and customs. The best way to serve people in an area that is not native to you is to learn as much as you possibly can about them ahead of time. The more you know, the better you can serve their needs and interests. The Brazilian people are a diverse bunch with around two-hundred million people calling that country home. It is the fifth largest on Earth by both population and land mass.

Regulations Are Bountiful

There are numerous regulations in Brazil that one might not have to worry about in other regions of the world. The country does its best to protect its people economically from the intrusion of outsiders. Therefore, one might easily expect to pay extra attention to all of the red tape that is involved

Igor Cornelsen

with doing business in Brazil.

Dealing In Foreign Currency

Making deals in foreign currencies is always a bit of a challenge. There are minute to minute fluctuations in the value of any given currency. This means what one pays for a good today in one currency may be valued very different in the next minute or even the next day.

The last thing to look out for in Brazil is a bank that can actually process foreign currency transactions in the first place. Not every bank is permitted to do this. It is mission one to find one that can work with you on this vital task.

For more information, follow Igor on Twitter @IgorCornelsen1

 

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