The success of ETFs (Exchange-Traded Fund) worldwide has now far exceeded the belief it was just a fad. According to banking and investment expert, Igor Cornelsen of the Bainbridge Group, “Since the mid-2000s, their appeal has grown among investors. In fact, they invariably take market share from traditional mutual funds because of the many benefits like access to multiple markets, transparency and reduced course fees, and then, they have no minimum ceiling or entrance fees.” ETFs have undoubtedly become a great way to get your feet wet and enter the stock market on ireport.cnn.com because of their intrinsic diversity.
Why Trade ETFs
Moreover, a wide class of investors have access to instant diversification, at low cost and in a multitude of asset classes, even exotic investments. “These funds were instantly popular but what really sparked interest was the fact ETFs do not have entry or exit fees, and because of the reduced client support there are diminished management fees,” says Igor Cornelsen.
Beware, however: like stocks, ETFs are subject to brokerage fees on the purchase and sale. “By selling and buying ETFs way too often, you could end up accumulating many expenses that will begin to dilute your intentions,” warns Igor Cornelsen. ETFs have become an good alternative for those with little to no funds to invest, yet who have time to manage a small portfolio. “But even small-time investors need to think strategy,” and “start with low-risk assets,” says Cornelsen.
Igor Cornelsen Starts With An End In Mind
Brazilian banker, and pseudo-retired, Igor Cornelsen is one of the most influential pacesetters in investment banking on whitepages.com, and as millions retire, or plan to retire, Cornelsen is still advising them on a simple approach. “A lot of people get hung up on the size of their purse strings which typically derails any retirement plans,” and “My expertise simplifies ways to multiply a dollar into five,” says Cornelsen. Despite lack of wealth, his philosophy is to become financially independent, even in small amounts.
Igor Cornelsen has been involved in a range of initiatives aimed at Brazil’s economic development , elevating him to business legend. After a Brazilian banking career that spanned decades, Igor Cornelsen retired to the United States, in South Florida, only to leave his daily love of golfing for a new business venture. He founded Bainbridge Investment Group, and with shrewd diversification he helps create streams of wealth while curbing exposure to high-risk investments.