George Soros and Investing

Overview

Investing more money each month is something that everyone should do. Over a long period of time, there are few ways to build up your wealth quickly outside of investing. However, many investors are having a rough start to the new year in 2016. There have been many economic data points that show the market is contracting. Since the start of the new year, the stock market is down nearly ten percent. George Soros is a known economic voice and says that the current market conditions remind him a lot of 2008. There were many things going on during that year to make the markets so bad. Here are some of the most common economic points dragging down the current market.

China

China is one of the most important nations in the world when it comes to economic data. There are many people who are concerned about the overall health of the Chinese economy in coming years. There are a lot of things to suggest that economic growth in China is slowing. It is important for investors to watch closely for economic reports coming out of this country. If things continue to trend down, there are a lot of people who believe that the markets will be hit even harder in the coming weeks. This is one of the main reasons that George Soros is not confident at all in the stock market.

Price of Oil

Perhaps the biggest story of the new year is the fact that the price of oil is so high. There are many people who are excited about paying less at the pump. Although it is true that gas prices will be going down, oil is said to be a leading economic indicator in this market. As the price of oil continues to fall, there are many people who are worried about the entire energy industry. Oil drilling has been one of the best story lines for the United States over the past couple of years. If the price of oil continues to go down, there are many people who worry about the fact that this industry could see its growth drop dramatically. There are a lot of reasons to be concerned about the stock market, but the falling price of oil is perhaps the biggest reason why. George Soros believes that the market will continue to fall as long as the price of oil goes down.

BMG Bank Director Marcio Alaor Thinks More Investors Are Looking At The Auto Industry For Profits

 

The automobile industry in Brazil has been a very lucrative business. The three big American automakers produce models in factories in Brazil that are not sold in the United States. Those models run on ethanol, not gasoline, and they perform as well or better than gas power vehicles. Investors love the auto industry, but investing in a particular automaker can be risky. The American automakers were the first companies to give investors a chance to own a piece of the auto industry, and investors around the world jumped at the chance. Those investments have paid off, but there have been issues through the years that have cost investor’s money.

Marcio Alaor, the Vice-President of BMG, has been following the auto industry for years. BMG Bank has built a solid business lending money over the years, and he knows investing in car companies can be a risky business. One example of the risks involved is the recent Volkswagen debacle. Investors had no idea that the company was tweaking the emission control system. When authorities discovered the tampering, Volkswagen stock dropped substantially.

Marcio Alaor is known for having a keen investment sense. Alaor started his career at the bank as a young man fresh out of school, and he worked his way up the ranks and became the director and Vice-President of BMG Bank. BMG Bank is one of the premier banks in Brazil when it comes to consignment credit. The bank has a product called payroll loans that gives Brazilians the opportunity to borrow money using their income as collateral. Payroll loans are responsible for thousands of car loans, and Alaor says that part of the bank’s business is in a growth mode.

More people are coming into the bank and asking for a payroll loan to buy a car, according to Alaor. BMG Bank had to acquire two more banks recently to keep up with the demand. An article published by Exame.com mentioned Alaor’s interest in automobile companies and the history of IPO’s in that industry. Alaor believes people will continue to invest in automobile companies because the automobile business is making a lot of money.

Alaor has come a long way, thanks to hard work, intelligence and a willingness to help people. Alaor still helps people in his hometown of Santo Antonio do Monte. He donates his money and his time to the place where he started shining shoes to make ends meet. The people in his hometown love him now for being a banker that cares.