Igor Cornelsen has a reputation for saving investors money, loss, and grief through conservative long term goals. Igor Cornelsen’s core practices stand out in a world where hucksters advertise their own schemes, online trading causes confusion and chaos, and trust is eroding quickly. Here are his basic ideas.
Do not Lose Money. Investment has inherent risks, the goal of any investment is to make money, investment is intended to show a profit and if it doesn’t, a fundamental problem on icrowdnewswire.com exists in the mind of the investor. Choosing where to invest, how much and with whom requires a business plan approach and the time to assemble it. Unless the investor has “money to burn”, every cent must be placed wisely.
Start as soon as Possible. Money knowledge is an essential part of the lifelong learning process on wikidot.com. Learning to grow financially independent and starting early is a maturing process that will guarantee a secure future. Learning how to budget, build a credit reference and choose which types of investment fit personal goals, interests and having investment-ready assets is a part of financial responsibility. Parents and schools are partners in this along with reputable investment counselors.
Diversify your Portfolio. Unless you have unlimited assets and are able to absorb losses, a diverse portfolio is the best choice. Any investment involves unforeseen risk and possible loss. Investing in a mix of stocks, annuities, precious metals and other forms in reasonable proportions assures a profit and reduces loss.
Get an Adviser. Self-education is a wise choice, but unless you can make investment and portfolio management a full-time job, a reputable adviser is necessary. Experience and success are criteria and verifying credentials, getting referrals and matching your personality and goals to that of the adviser are also important. Communication is essential and having an informed dialogue is critical to success and profit.
Igor Cornelsen brings to investments a long view that has proven itself over and over. In an environment of quick gains and catastrophic sudden losses, his theories have resulted in widespread success and profit for many.