The Wall Street Journal has recently published a video interview with longtime financial advisor David L. Giertz. The interview chiefly deals with social security, and how current and future retirees are potentially receiving a raw deal by way of uninformed local financial advisors. Giertz says the controversy stems from these advisors lacking a comprehensive understanding of the multitude of rules that compose the fine-print of the social security program. According to David Giertz, there are nearly three thousand laws, rules, addendums that compose the current U.S social security program, and its a surplus of information that eludes the majority of low-end financial advisors. Giertz concludes the interview by explaining the various ways this negatively affects our parents and grandparents, be it by way of ill-preparation, or funds being lost outright.
These words aren’t to be taken lightly, considering their source: David L. Giertz has nearly three decades of consulting experience. This experience comes from the very top rungs of the industry to boot. Giertz is without question the authority on the subject, having served as Nationwide Financial’s chief advisor for the bulk of his career. In this time frame, Giertz has increased the companies revenues by nearly 48% in certain regions, a substantial increase that clued the company into his incredible insight.
This financial expertise was well-earned. A recipient of an MBA from the University of Miami, Giertz’ knowledge is built on a foundation of similarly brilliant individuals. In addition to academic success, Giertz served a nine-year tenure on the board of Millikin University’s financial board, yielding them similar gains to those he provided Nationwide. These years of experience have resulted in Giertz’ being hailed an inspiration, visionary, and respected figure within the advisory space. Giertz’ decades of success and impeccable reputation have built massive amounts of credibility for both himself and his potential ventures.
Josh Verne shares some of the ways one can be successful in life and business. He is the founder and CEO of Flocku.com. According to him, one should seek to be a leader and not a boss. He describes a leader as someone who accomplishes his goals by using his title. A leader puts his people first then seeks to earn respect. He adds that leaders truly succeed in their lives and businesses by putting other people before themselves.
Josh Verne also points out that to be successful one needs to create a win-win situation in every circumstance. In a business scenario, a win-win situation may entail a win for everyone. That refers to you, clients, employees, and the society as a whole. Verne maintains that one should never settle for a win-lose situation regardless of the situation. Every challenge always presents itself with an opportunity where everybody can win.
Verne emphasizes the need to speak less and listen more. He advises that to have more power, more authority, and more people listen to you, one needs always to speak less. Verne also urges people to find what they are passionate about to be truly successful. Though most passionate people are unsuccessful, most successful individuals are passionate. He says that passion is the key to a good life as it motivates people to wake up with self-drive every single day.
Verne highlights the importance of one to have a balanced life. One needs to ensure his business, health, and relationships are in order. He stresses that this does not necessarily imply putting same hours into these areas of your life. It’s about making progress and making sure one improves in these sectors.
Verne is an entrepreneur and a co-founder of workpays.me alongside Dorfman. The company provides a broad range of products to its clients at reasonable prices aimed at promoting their financial well-being. Global Analytics bought workspays.me in 2014. Flocku.com is in Pennsylvania. It offers a platform for the exchange of content for students.
Igor Cornelsen is a Brazilian investment strategist and banker. Interviewers often request Igor Cornelsen’s commentary about the state of the economy and how this affects the future of foreign investors. Cornelsen’s interest in foreign investing, came as a result of holding top banker positions at several high profile banking institutions in Brazil. Igor Cornelsen retired from the banking business in 2010 and transitioned into the private sector; living in Florida year round, while working as a financial consultant. Because of his extensive knowledge of the inner workings of the Brazilian banking and investing industry, Igor often speaks about the differences and similarities between Brazilian foreign currency, domestic stocks and emerging markets.
When the new Finance minister on prnewswire.com, Nelson Barbosa took over the position from his predecessor, it was expected that Brazil would reverse the sagging state of the economy. Of course, this never happened and Brazil went further into debt, and the “new economic matrix” only caused a ‘ripple effect.’ Igor Cornelsen felt that Barbosa’s efforts weren’t nearly aggressive enough to prevent Brazil from a full blown recession. But thankfully, Brazil has enough foreign investors interested in its booming food production sector to keep growing. In addition to food producing, Cornelsen feels that Brazil can offset any financial losses by luring more foreign investors.
In a December 2014 press release, Igor Cornelsen gave tips for foreign investors looking to profit from Brazilian markets. He said that investors should first and foremost be wary of restrictions on foreign currency exchange rates. Restrictions on foreign currency could result in delayed investment payoffs.
If Brazilian banks do not pre-approve the transaction’s commercial exchange rate, any investment transactions on brandyourself.com such as a commodity sale or stocks traded, would then be subjected to non-residential business taxation.
Although the ‘economic matrix’ cut the price of stocks, local investors didn’t see this as alluring as foreign investors did. To capitalize on this interest Igor Cornelsen suggested that potential investors should do the following:
Network with Brazilian Entrepreneurs- He felt that the reason most people in Brazil are self-employed is because they have insider information about what the people find important. Igor observed, “one in four Brazilians between the ages of 18 and 64 are entrepreneurs.”
Face Brazilian Bureaucratic Processes Head-On- Foreign should expect that the Brazilian government will take a closer look at foreign investors’ transactions. This means that challenges exist because the economic infrastructure is still weak. Therefore, foreign investors can look for higher taxes and stricter enforcement of regulatory guidelines.