Imarike yemasheya yaseSpain ithengise i-41.407 yezigidi zeerandi ngoJanuwari, i-6,8% ngaphezulu kwenyanga ephelileyo kunye neyona nyanga ibalaseleyo ukusukela ngo-Okthobha, nangona i-18,6% ingaphantsi kunoJanuwari 2018. Inani lothethathethwano belimi kwi-3,6, 15 yezigidi, i-203% ngaphezulu kune ngoDisemba. Kwelinye icala, imali ithengiswa kwicandelo le-ETF yafikelela kwizigidi ezingama-11,6 zeerandi, i-43,1% ngaphezulu kunangoDisemba kunye ne-XNUMX% engaphantsi kwenyanga enye yonyaka ophelileyo. Inani lemicimbi yemvume kunye izatifikethi ezivunyelwe kurhwebo ifikelele kwi-1.038, i-209% ngaphezulu kwenyanga enye yonyaka ophelileyo.
Imarike yezemali evela kwimarike iqale i-2019 ngexabiso eliphantsi lokurhweba nge-49.030 yezigidi ze-euro. Inkqubo ye- urhwebo lwexesha elizayo kwi-Ibex 35 inyuke nge-4,8% ngoJanuwari, kodwa yawa nge-4,3% xa kuthelekiswa kwinyanga enye yonyaka ophelileyo, kunye neye-Mini Ibex 35 yexesha elizayo inyuke nge-9,3%, nangona yehle nge-4,1% xa kuthelekiswa noJanuwari 2018. Umthamo kuthengiswa ngawo ikamva le-equity liphuculwe ngama-328,3% xa kuthelekiswa kwinyanga enye yonyaka ophelileyo.
Olunye ulwazi olubonisa ngokucacileyo ukuba kukho ubomi ngaphaya kwemarike yemasheya kuba ngoku kukho iimveliso ezininzi zemali apho sinokutyala imali esiyigcinileyo. Nangona kunjalo, kufuneka ulumke ngakumbi kubo, kuba nangona bengekho yityhefu, banomngcipheko ogqithisileyo kwimisebenzi yabo. Ukuya kwinqanaba lokuba banokusenza ulahlekelwe yinxalenye elungileyo yotyalo-mali olwenziwe. Ngesi sizathu, kubaluleke kakhulu ukuba uyazi ukuba ezi mveliso zezezimali ziqulathe ntoni kwaye xa kucetyiswa ngakumbi ukuthatha isikhundla kwezi zoyilo zotyalo-mali.
Amashishini: iimveliso zezemali
Ngaphandle kwamathandabuzo enye yeemodeli zotyalo-mali ezithanda ukuba semngciphekweni kwaye ke kufuneka ulumke ngakumbi xa uvula izikhundla kuzo. Iziphumo zezemali zezixhobo ezixabiso lazo lixhomekeke kwi Ixabiso lenye i-asethi. Yimveliso efanelekileyo kakhulu ukungena kwiimarike ezinqongopheleyo zemali kubatyali mali abancinci nabaphakathi. Umzekelo, banokuba zizinyithi ezixabisekileyo, izinto eziluhlaza okanye abanye abaneempawu ezifanayo. Ziyinkimbinkimbi ngenxa yendalo yazo.
Ukuze uyiqonde ngcono, siza kukuxelela ukuba, ukuba ufuna ukutyala imali yakho ngegolide, enye yeendlela onazo ngoku ziziphumo zemali ezihambelana nale asethi ekhethekileyo yemali. Akumangalisi ukuba ukhetho lokutyala imali kwisinyithi esimthubi onaso okwangoku sithintelwe ngakumbi kunezinye iiasethi zemali eziqhelekileyo. Kwelinye icala, iziphumo zezemali zikuvumela ukuba ukufikelela kwimarike ukuba kude kube yiminyaka embalwa edlulileyo bekungekho nto imfutshane ekunokwenzeka ukuba ivule izikhundla.
Iziphumo ezivela kwimpahla yorhwebo
Le mveliso ikhetheke kakhulu isekwe kwinto yokuba ziimvumelwano ezibhalisiweyo kwaye zamkelwe kuthethathethwano. Zibonakaliswe ngokusisiseko kuba kuzo zombini ezi meko zizivumelwano, phakathi kwamaqela amabini, zokuthengwa okanye ukuthengiswa kwesixa esithile sombane ngomhla ozayo ngexabiso elimiselweyo. Apho, umahluko phakathi kokutshintsha kunye nexesha elizayo kukuhamba rhoqo kwembuyekezo kunye nelahleko. Kwi tshintsha izivumelwano Inzuzo kunye nelahleko azihlali zikhona yonke imihla, nangona zinokuhlala amaxesha ngamaxesha.
Ngokuqinisekileyo kunjalo imodeli yotyalo-mali entsonkothileyo kodwa enye yezona asethi zemali ezikhuselekileyo phaya okwangoku isekwe. Akumangalisi ukuba eli candelo lisungulwe njengelinye lamaxabiso akhuselekileyo ngokugqwesa kwaye elisebenza njengokuzikhusela kwezona meko zingazinzanga kwiimarike zezabelo. Ukusebenza njengeyona ndlela intsha yokuthenga nokuthengisa izabelo kwimarike yemasheya yeenkampani ezikweli candelo lobuchule kuqoqosho lwamanye amazwe Ukusuka kule ndawo yokujonga, ayithethi umngcipheko ogqithisileyo ekuthatheni isikhundla.
Izivumelwano zexesha elizayo
Ukuba kukho imveliso enomdla kakhulu kubatyali mali abancinci nabaphakathi, ngaphandle kwamathandabuzo yenye yazo. Kodwa inzima kakhulu ngenxa yeempawu ezizodwa ezibonelelwa sisakhiwo sayo. Ikontrakthi yexesha elizayo sisivumelwano okanye isibophelelo esinyanzela abo bangene kwisivumelwano Thenga okanye uthengise inani elithile lempahla okanye amaxabiso. Kodwa imeko engabalulekanga ehlala kwinto yokuba kufuneka yenziwe kumhla wexesha elizayo kunye nexabiso elimiselwe kwangaphambili.
Omnye wemizekelo efanelekileyo kakhulu lixesha elizayo kwii-indices zesitokhwe kwaye zimele enye indlela yokuqonda utyalomali kwisitokhwe. Iimarike zezabelo. Ngaphaya kokunye ukuqwalaselwa kobuchwephesha kwaye oko kunokukhokelela ekubeni ube neengxaki ezithile zokuvula izikhundla kule klasi yeemveliso ezizezona zikhethekileyo. Akumangalisi ukuba oku kudwelisiweyo likamva le-indices zesitokhwe apho ezi ntlobo zezivumelwano zemali zinxulunyaniswa khona.
Iziqinisekiso: ukurhweba ngaphantsi nangaphezulu
Le yimveliso yezemali ethwele imingcipheko emininzi ekusebenzeni kwayo. Hayi ngelize, kuya kufuneka ugcine ukhumbula ukuba kunye nabo ungafumana imali eninzi, kodwa ngenxa yesizathu esifanayo, kukushiya i-euro ezininzi endleleni. Ayizizo zonke iiprofayili zabatyali zimali ekufuneka zithambekele ekusebenzeni kwazo kwaye, ewe, ziphantsi kokufunda okuphezulu kwimisetyenzana yazo kuba ungahlawula kabuhlungu ngokufumana le mveliso ukuba awuzifezekisi iimfuno zokusebenza neziqinisekiso. Nangona sele idumile kule minyaka idlulileyo kwaye bakho kwisibonelelo sokuba phantse onke amaziko asebhanki ayaphuhliswa.
Ngayiphi na imeko, iziqinisekiso zikwayimveliso yemali evela. Kodwa ngeli xesha ungazibeka ngokusesikweni ngokuthenga (umnxeba) okanye ukuthengisa (ukubeka). Ihlala inxulunyaniswa ne-asethi engaphantsi, eyimeko eyahlulahlula kwezinye iimodeli zotyalo-mali ezilinganayo. Njenge Ixabiso elimiselweyo apho kuya kufuneka wenze ezi ntlobo zokusebenza. Ngakolunye uhlangothi, inenzuzo enkulu yokuba ungabheja ukhuseleko, zombini kwiindlela eziya phezulu nezisezantsi. Ngamanye amagama, ilungelelaniswe nazo zonke iimeko ezinokubakho kwiimarike zezabelo.
Ukutshintshiselana ngemali: kukhuselekile
Ngokuqiniseka ngokupheleleyo ukuba le modeli yotyalo-mali yaziwa ngcono kakhulu nguwe kwaye sele uyiqeshile ngexesha elithile ebomini bakho. Ziyaziwa ngokuba yi-ETFs kwaye yindibaniselwano yeyiphi imali yotyalo-mali yemveli kunye nokuthenga kunye nokuthengisa izabelo kwimarike yemasheya. Kwelinye icala, sisicwangciso esijolise ekuthatheni isikhundla kwi ii-asethi eziyimali ezingaziwayo ngabatyali mali abancinci nabaphakathi. Kodwa zithengiswa ngeekhomishini ezinokhuphiswano ngakumbi kunakwimeko ethile yeemali zotyalo-mali.
Kuzo naziphi na iimeko, banokunxulunyaniswa nee-asethi zemali ezahlukileyo kuzo zonke iintlobo. Umzekelo, Icandelo lezobulungisa kunye nezalathiso, iimveliso kunye nesinyithi esinexabiso eliphambili (igolide, isilivere, ipalladium, iplatinam, njl.). Kodwa ngexabiso elibaluleke kakhulu kwaye awudingi ukuya kwiimarike zazo ezifanelekileyo. Ukuba akunjalo, ngokuchaseneyo, ungabaqesha ngale mveliso, ezithengiswa ngemali okanye i-ETFs. Baye baziwa kakhulu phakathi kwabatyali mali abancinci nabaphakathi kwaye ngesithembiso esikhulu ngabaphathi abajongene nentengiso yale mveliso ikhethekileyo.
I-CFD, ebonelela ngolwazi
Ii-CFD zikuvumela ukuba usebenzise amandla aphezulu, ukuya kuthi ga kwinqanaba lokuba ukwazi ukurhweba ngemali eninzi kunemali yakho eseleyo. Kwaye ke, kunye nenketho yokubheja kukunyuka nokuhla kwempahla yexabiso. Ngayiphi na imeko, kuyimveliso enzima ukuyiqonda, kwaye ke ngenxa yoko I-CNMV ithathela ingqalelo ukuba ayibalungelanga abatyali zimali abathengisayo ngenxa yokuntsonkotha kwayo kunye nomngcipheko.
Ngale ndlela, akukho mathandabuzo okuba iiCFDs zizixhobo ezintsonkothileyo kwaye zinxulunyaniswa nomngcipheko omkhulu wokulahleka kwemali ngenxa amandla. Ngesi sizathu, ayibobulumko ukubaqesha ukuba awazi ukuba uza kusebenza njani nale modeli yotyalo-mali. Okokuqala, awuzukukhetha ngaphandle kokuvavanya ukuba uyayiqonda nyani ukuba isebenza kanjani le mveliso yemali.
Kodwa kwelinye icala, kuya kufuneka uhlalutye nokuba unganakho na ukuthatha umngcipheko omkhulu wokulahlekelwa yimali yakho. Kungenxa yokuba ilahleko inokuba nkulu kakhulu kwaye ngokuqinisekileyo ibe ngaphezulu kuneemodeli zotyalo mali eziqhelekileyo. Ekugqibeleni, kuyakufuneka ukuba ucamngce ngobudlelwane phakathi komngcipheko obandakanyekayo kwimisebenzi yakho kunye nenzuzo enokuthi uyifumane ngesi sicwangciso sotyalo-mali esiyingozi. Kuba ekupheleni kosuku kufuneka ucinge ukuba yimali yakho oyingcakazayo. Kwaye kule nkalo akukho zilingo ezifanelekileyo. Ungalibali ukunqanda ukwenza iimpazamo ezinokuthi zihlawule kakhulu ekugqibeleni. Ngaphezulu kunokuba unokucinga kwasekuqaleni. Awunakukhetha ngaphandle kokuvavanya ukuba uyayiqonda ncam indlela esebenza ngayo le mveliso yemali.