Investing isn’t easy to hop right into and succeed. As a matter of fact, most investors start out losing money, choosing active approaches high in fees and risk that doesn’t pan out well. However, investing in Brazil’s financial sector – even if you’re not experienced in Brazilian news and financials – is loads easier when taking the following advice from banking expert Igor Cornelsen.
China’s economy is intrinsically linked to that of Brazil
Brazil imports high quantities of raw materials from China, more so than any country in the world. Similarly, Brazil conducts more transactions with China than entities from any other nation. As such, it’s important for investors to keep a close watch on current events in the Chinese financial sector. Read more: Igor Cornelsen fala sobre os bancos brasileiros e o que fazer antes de investor
Brazil’s political landscape could bring changes
Not too long ago, finance minister Guide Mantega drafted an economic plan that infamously failed. While it’s impossible to predict the future, if tried and true politicians fill the role of finance minister, it’s likely that Brazil’s overall market will improve.
Don’t stray from the largest banks
Itau Unibanco, Bradesco, and Banco do Brasil are three of the ten largest financial institutions in all of Brazil. Banks without immaculate reputations may withhold or outright steal investor’s money. As such, investors should never wander outside the offerings from Brazil’s top ten largest banks, no matter what.
Originally posted on PR Newswire, this 2015 press release of advice from Igor has been accessed by hundreds of thousands of readers.
Although investing in any financial market requires a well-rounded understanding of what’s current in news and market activity, especially with those unfamiliar with the intricacies of Brazil’s investing world, those investing in Brazil should find it much easier by taking this exclusive advice from Brazilian banking guru Igor Cornelsen.