Gone are the days that your only path to building wealth through stocks, bonds or mutual funds went through a broker or a wealth management firm that charged fees even when your portfolio performed badly. You have more power now to self-direct IRAs and even engage in your own stock trading, but you still should listen to someone with experience before jumping in on your own with investing. Igor Cornelsen is one such person who has managed big business investments, merger and acquisition deals, liquidating assets, commercial credit and also his own stock portfolio, and he’s happy to explain to others how to do it in his spare time. See more of Igor Cornelsen at resumonk.com
The main thing Cornelsen wants people to remember is that going through the stock market and its various investment vehicles takes patience in order to achieve realistic goals. Wealth is not made by trying to buy one big lump of stocks and trading them off for thousands or millions in profit in just one day. The best investors will buy cheaper stocks while they’re quite low and wait long enough for them to hit maturity. And the best kinds of stocks are actually not the ones that shoot up high all the sudden, but they’re the kind that climb slowly upward and are always in demand not because of popularity but because they’re essential.
Igor Cornelsen became an investment banker after getting two degrees in engineering and economics from the Federal University of Parana in Brazil. He started as an intern at Multibanco and worked his way up to the executive committee in about 5 years. He would later move to Unibanco and then to a branch of London’s Libra Bank that was located in Rio. After about 40 years in banking Cornelsen retired, but he didn’t stop buying stocks and he also does consulting part-time. He currently offers advice to independent boutique investment firms such as Bainbridge Capital, but he’s also done press releases for PRNewswire. You can also follow Cornelsen on social media pages like Facebook, Tumblr, WordPress and Blogger where he shares investment ideas and connects with followers. Read more: http://igorcornelsen.wikidot.com/