Investing is the one sure way one is able to get good returns. Long gone are the days in which people relied on their salaries to sustain their life style. Now days the cost of living is so high that people have resorted to other alternative ways of getting money. One such way is investing.
In the year 2014 Brazil’s economy was not that good and most of the public banks suffered. Nonetheless two top private banks experienced some tremendous growth due to the increase in the number of customer base which means a slight increase also in their profit margins. Brazilian financial institutions have gone to an extend where they only lend money to reliable and trusted customers so that they feel some sense of security when their money is out there.
Igor Cornelsen who according to disqus.com is the best Brazilian banker and investor had some insights into the fiscal management of Brazilian Economy. He states that the government ought to make reforms in the banking sector to enable investors to set foot into Brazilian and invest their cash in different available investment sectors in the country.
Brazil is the leading exporter of raw materials to China. The country ought to give incentives to investors so that they can explore Brazilian markets. What investors want is a sense of security knowing that where they have invested their cash is safe and will give them good returns.
Brazil is the world largest country with its citizen population also is high. There are many investment opportunities available in the infrastructural sector because of the ever growing population. Brazil also has quite a number of natural resources and is the worlds’ top food producer. Igor Cornelsen is of the view that the government should make the investing climate attractive so that Brazil can attract investors.
The Brazilian president’s move to appoint Joaquim Levy as the finance minister has been welcomed by many including the top investors like Igor. Joaquim’s views on fiscal management and his strategies are so good and his approach on fiscal matters is all that Brazil has been yearning for. Banks are very optimistic that he would bring the much needed change in the banking sector considering that his approach is much more different than the president’s. Joaquim hold a PhD from Chicago University and has previously worked with International Monetary Fund. He brings a wide and vast knowledge into the finance docket of the Brazilian government and is expected to steer the country into success.
Igor Cornelsen who is a long term investor in Brazil gives out some advice on investments. He urges people to invest in many small firms instead of investing in one large firm because it is risky to invest in one considering it does not bring returns. Investing in many means at the end of the day one will get out with something as opposed to one if it runs into a loss.