Many young investors are not experienced enough to start investing heavily, especially when it comes to foreign commodities and exchanges. A proper expert is needed to stay on course and make the right investments. This is what Igor Cornelsen currently does from his company Bainbridge in Florida. Though he spends some time giving investment advice, Igor is mostly retired at this point in his life.
As a major investment banker over the past couple of decades, Igor Cornelsen is a huge name back in Brazil, having made huge investment all over the country, while also managing various financial companies around the globe. Through his company Bainbridge, Igor is able to give his professional advice and opinions on the current markets in the United States and internationally.
For the new investor, investing in the stock market can be quite risky, and there are many more people who fail that succeed in this business. A deep understanding is needed before investing money into anything as well as an acceptance of the risk involved. Igor Cornelsen has published various books and articles that can be found in stores and online which goes over various tips and strategies for getting started in the investing business.
Igor’s most important tip for new investors, do not wait. The longer someone waits to start investing, the less money they will make in the long term and for their retirements. Building experience early on is key to being successful later on. Another important tip for beginners is to diversify and invest in multiple different markets. This minimizes the risks while increasing the chances for more profits. After investing deeper into the markets, it is also a smart idea to get an adviser with a good understanding of investments to help manage finances.
According to some of the latest statistics, at least half of young investors do not set any money aside for their own retirements. Igor is always advising the newer generations to plan ahead and regularly put into their retirement funds for the future so they are secure. Igor pointed out that many investors without a good adviser just stop buying a stock at some point and forget they haven’t been putting in money for retirement over all their years investing.