What Igor Cornelsen has managed to do that other investors have failed to do is provide free advice. He has become one of those retired bankers that has a wealth of advice to give people that simply cannot afford to pay for any type of financial planners. This certainly has been the case for me, and I do not feel like I have missed anything by using his advice. In fact, I believe that I have been able to gain more from his advice than anything that I could get from a paid financial planner.
It has been said that the best financial investors are the older ones that have been in the business for a while. Igor Cornelsen has been in banking long enough to retire from it. He has been someone that knows the market because he has seen it rise and fall over and over again. This type of knowledge has prepared him to give advice to people like myself that do not have the ability to afford premium financial planning services.Igor Cornelsen has this strategy of buying low and selling high for damaged stocks.
He has told me to avoid damaged companies but look at what damaged stocks can do. These stocks, once the company finds a way to rebuild, can be become quite valuable. I had never heard of the concept of damaged stocks. Even when I was made aware of this by Cornelsen
I still wasn’t sure that there was a true difference between damaged stocks and damaged companies. It was during this time of uncertainty that I would dig deeper into the knowledge base that Igor Cornelsen had provided.
What I discovered was that he was referencing the future of a company when he talked about damaged stocks or damaged companies. This is how I learned that there are some companies that have damaged stocks, but the company is not necessarily bad. The organization may have had some type of bad recall or a bad product. This could cause a drop in sales, but it is not the end for this organization. A damaged company, however, is one that cannot compete successfully with the competition. This organization, by contrast, may have a product that is being phased out. This may be the core product that the company is known for. Igor Cornelsen’s advice gave me the ability to differentiate between the two.
“Law enforcement officers quickly assembled intent on standing in proxy for Dakota’s dad who was unable to witness his eldest son mark the competition of a successful high school career”
Dakota Smith has given new meaning to the word COURAGE. Set to attend, walk in and celebrate his High School graduation Dakota prepared with excitement I’m sure for what should have been a milestone in his life. But life sometimes has a way of turning on a dime, May 15th was this turn for Dakota and his family as tragedy struck on the same morning of his graduation commencement! As preparations were under way for Dakota’s graduation, news of a death clouded the excitement. His father, a reserve Deputy Sheriff with the Johnson County Sheriff’s office lost his life in a exchange of gunfire with a burglary suspect according to Steve Murray. Most of us can’t fathom this type of tragedy under ‘normal’ circumstances, but this day, graduation day, mere hours from such an important event. Not only did Dakota lose his dad, but he would not be able to share this day with him. Although not even coming close to having his dad by his side, Dakota did experience an act of compassion that I’m sure he will never forget. Area law enforcement officers quickly gathered together to stand in proxy for Dakota’s dad. How awesome is that? The courage of Dakota and his family was displayed in the same fashion that his dad lived in life and death.