Igor Cornelsen is a retired Brazilian banker. While retired, he continues to invest, offer his services as a consultant, and give advice to others on the best ways to handle their investing dollars on angel.co. He is spending his retirement years living in South Florida and engaging in golf, one of his favorite hobbies.
Igor Cornelsen spent many years heading some of the largest banks in Brazil. Some of the banks he oversaw were so large that they made up a big percentage of the entire country’s economy. Today he works as a part-time consultant for the investing company he founded in Florida, Bainbridge Group Inc. He provides advice to individuals and business owners on how to make long-term investments at https://www.crunchbase.com/person/igor-cornelsen. He also coaches budding entrepreneurs on how to develop a business plan, how to structure the company, developing employee policies, and how to obtain financing.
The first tip is to not lose money. There’s always going to be an element of risk when it comes to investing but it can be reduced. He says if you have an investment that is consistently losing money it’s best to sell it and move on. He says that the purpose of investing is to make money and you should never forget this. His other tip is to start as early as possible in life. Due to compounding interest on yolasite.com, time is one of the most critical factors in having successfully saved enough for retirement.
The third piece of advice that Cornelsen gives is to make sure you have a properly diversified portfolio on prnewswire.com. This will minimize your exposure to any one sector or asset; you should have a broadly diversified holding in stocks as well as bonds. His last piece of advice in the article is to get an advisor, at least when you’re starting out. Once someone has enough experience investing they can then take over management of their portfolio.