Igor Cornelsen is one of the top most respected investors and investment advisors in the world. He has had oodles of experience in the industry to earn this status. He began his illustrious career by serving as a major banker in Brazil for many years. He has learned that one of the best pieces of investment advice is to avoid investing in damaged companies but focus on buying damaged stocks. This is because damaged stocks can almost always be bought cheap and in time increase your profits. But Igor Cornelsen says on his wordpress blog, you have to be very patient because making good investments like this can take years before there are any real results.
Cornelsen says that he has gone decades before seeing an investment make any profits. He says an investment career is not for you if you want to a career that is part of a get-rich-quick plan. But although Igor Cornelsen advises concentrating on damaged stocks, he says you should not be haphazard about buying them, but should be carefully select what to buy and what not to buy. It’s about doing a careful study of each company, which ones are usually successful and which ones are not. Investors, he says, are well advised to determine which companies are the best bet in which to invest.
No matter what, though, he has advised always being frugal with an individual investment. Putting lots of money into a single investment gives too much risk of also losing big. He has been retired from professional work since 2010, but still remains involved in the investment game because he enjoys it so much. In his retirement he continues to be involved with the investment firm, Bainbridge Group Inc. In his role here, his financial advice is coveted and sought after by investors from all over the world.