Igor Cornelsen is a highly regarded stock market trader who specializes in trading stocks in the Brazilian markets. Mr. Cornelsen also consulted for Brazilian banking institutions. He now serves as the director of Bainbridge Group Inc., which is an offshore investment management fund. Below you will find Igor Cornelsen’s four tips to know before putting your money into the stock market.
The first thing that Igor Cornelsen highlights is that a person should know how much risk they are able to handle. If you want higher payouts and can handle lots of risk then you can invest in much more riskier stocks and bonds. On the other hand, if you do not like taking risks at all, then the stock market is probably not for you. You will be better suited to bonds.
Cornelsen points out that usually a higher risk in an investment means a higher return in the end. Still, there are relatively safe stock market investments that are known as blue chip stocks. These are stocks in companies that have a proven and stable record of profitability and dividend payments. Invest in these if you want to minimize your risk on the stock market. Regardless of what kind of stock you invest in, you should feel comfortable about the risk you are taking. If you do not feel comfortable investing in something, then you should not do it.
The second point that Igor Cornelsen makes is that any investor should have a basic understanding of the stock market and the companies that they are planning to invest their money in. Cornelsen states you do not have to become an all knowing expert, but you should have a grasp on how the markets work, what the company does, whether it is profitable or not and the history of the company’s stock prices. Igor says that if you do not know how the stock market works, then you are almost playing a sport without knowing the rules of that sport.
Igor Cornelsen’s third and fourth points are that you should set goals for yourself and keep your emotions out of your stock market trades. All of your trades should work towards your goal. When you do buy and sell, make it based on whether it will help you achieve your goals and not based on the spur of the moment. http://igorcornelsen.tumblr.com/