Igor Cornelsen is a Brazilian investment banker, and he has developed some solid tips for dealing with the stock market in Brazil. The stock market is to be played long-term, for decades, for a profit down the line. It is not like playing the lottery. You can’t earn a quick buck on the stock market; it takes an investment of time as well as money. A person should make many small investments because the losses are limited, but the chances of success are increased. Proven solid companies are more productive and have a definite return on investments that start-ups can’t necessarily claim.
Brazil has the largest economy in South America and the 8th largest economy in the world. A new wave of financial austerity and market reform will help return the country to a market-oriented economy. Now that the experiment in the new economic matrix has failed, it is time to move forward. Basically, that matrix involved slashing stock prices.
PRNewswire lays out the nuts and bolts of Cornelsen’s theory about Brazilian banking. In 2014, most banks with troubled economies suffered the consequences of an economic slump. However, Brazil’s two largest banks turned a healthy profit, even while the economy in Brazil was troubled. Cornelsen offers up some pointers on Brazilian banking. Igor Cornelsen has created a Facebook profile for investors. First, there are ten major banks in Brazil. The new finance minister, Joaquim Levy, could help with his views on fiscal reform. Brazilian investors should also pay attention to China since a strong economy in China leads to high prices for Brazilian raw materials. Lastly, Cornelsen feels that the currency, the real, is overvalued and needs to be devalued at a controlled pace.
Cornelsen feels that everybody not only wants a passive income but that they need an extra income just to pay bills and live. Some of the benefits of having a passive income are that there is no direct involvement for the investor, there is a continuous flow of regular income, and there are no minimal resources to be invested beyond the startup. The cost involved would only be a fee for administration.