Investors are once again Interested…
Igor Cornelsen is no stranger when it comes to the economy of Brazil; he helped build it. Things went down hill for a little while. Political issues and uncertainly caused many investors to fear Brazil. The developing economy has started to bounce right back from that drop it had taken, however. It is for this reason that many investors are intersted in Brazilian options once again.
Now…on to the Tips…
Tip number one from Igor Cornelsen? Get very familiar with all of the locals that you can! He claims that Brazilian culture is social to a point where becoming familiar with locals will result in them talking (aka sharing a great deal of information,) with anybody that is curious. From that point on, it’s a matter of forming memories and taking notes. Soak up all the information that you can.
Be Prepared for anything!
Igor’s second tip involves expecting what one would typically consider unexpected. Being prepared for any possible outcome is good advice in general, for any walk of life. When it comes to economic matters within Brazil, however, it is advice that should be taken quite seriously!
Learn those Pesky Foreign Exchange Rates!
This is the final piece of advice that Igor Cornelsen claims will put you on track to a Florida retirement similar to his. Knowing the ins and outs of business exchanges is simply not useful if one isn’t familiar with the exchange rates! Somebody investing in Brazil should know them to a point where they can perform rude estimates of the conversion calculations in their head as they examine financial statements. Mr. Cornelsen doesn’t say this, but come on, if you want to retire in Florida like he did, would you prepare in a fashion that requires any less?