Kwimeko yokungaqiniseki okuphezulu kunye nokungazinzi okugqithisileyo kwiimarike, imali yotyalo-mali ikhe yafumana uhlengahlengiso kumthamo weeasethi kwiiveki ezintathu zokuqala zikaMatshi. 26.800 million, ikakhulu ngenxa yokwehla kweepotfoliyo ngenxa yesiphumo sentengiso (iipesenti ezingama-81 zokuncitshiswa kwenani lilonke), kwaye yi-19% kuphela (i-5.100 yezigidi) ebangelwe yintlawulo yemali, njengoko kubonisiwe nguMbutho wamaZiko oTyalo-mali oluHlanganisiweyo kunye noMhlala-phantsi. Iimali (Inverco). Lo mthamo wembuyekezo, ofanelekileyo, ayingowona uphakamileyo kuthotho lwembali kuba ibiphezulu kwiziganeko ezintandathu ezidlulileyo.
Apho isicwangciso sokwehliswa kwexesha elifutshane esisekwe kwiimvakalelo endaweni yexesha eliphakathi, siphinda phinda ukubakho kwempazamo kunye kwandisa amathuba okulahleka. Ayothusi into yokuba ukungxama kwezigqibo zexesha elifutshane kukhokelela ekuphulukaneni namathuba enzuzo kubanini zabelo. Esinye isigqibo esinokufunyanwa kuthengiso lwezikhundla kule mveliso yemali kukuba kwabo bagcine izikhundla zabo kwimali ngeenjongo zotyalo-mali lwexesha eliphakathi okanye elide, kamva ilahleko yamva yaguqulwa yenziwa inzuzo; kwaye abo benza imirhumo emitsha ngelo xesha, inzuzo elandelayo yenziwa.
Kwelinye icala, kubalulekile ukuba nefuthe, njengakwimakethi yentengiso, ukuba ayiloxesha lokuthengisa izikhundla ezivulekileyo kwingxowa mali. Kuba Sele lidluli ixesha kakhulu kwaye siya kuwenza lo msebenzi kwelona xabiso liphantsi kwixabiso lokhuseleko lwalo. Ngayo yonke into ngokuqinisekileyo ukuba nelahleko yokuxabisa kwayo kwiimarike zemali. Oku kuyinyani kwimali engenayo ehleliweyo kunye neyohlukeneyo okanye nakwezinye iimodeli. Ukufikelela kwinqanaba lokuba kufaneleke kakhulu ukuba idatha yenzuzo kufuneka ihlalutywe ngabathathi-nxaxheba ngokukodwa, kuxhomekeke kumzuzu ababhalise ngawo kwingxowa mali kunye nenzuzo abayifumeneyo kwaye bathathela ingqalelo ulwabiwo mali lwabo.
Thengisa imali: eli ayiloxesha
Ngokuqinisekileyo ayiloxesha lililo okanye lelona lifanelekileyo lokwenza eli nyathelo ukusukela oko imali yotyalo mali, njengoko besenzile kwiimeko ezifanayo okanye ezimbi zentengiso, qhubeka ukuququzelela ukuhlawula amatyala kubathathi-nxaxheba abayidingayo, kodwa kunye namathuba enzuzo kwabanye. Ngenxa yoko, kuninzi esinokuphulukana nako kunenzuzo kwaye ke ngoko kufuneka senze ngobulumko ngaphambi kokwenza isigqibo, ngandlela thile. Ngale ndlela, kububulumko ngakumbi ukuba silinde de kube sekupheleni konyaka kwaye sijonge imeko eyiyo yotyalo-mali lwethu. Ukuze kuqinisekiswe inzuzo yabo kwaye babone ukuba kufanelekile na kuthi ukuba sitshintshele kwezinye iimali zotyalo-mali.
Ukuba ekugqibeleni isigqibo esiza kusithatha kukudlulisela kwezinye iimali zotyalo-mali, kufuneka silumke kakhulu ngengxowa-mali yengeniso esisigxina kuba ukubuyiswa kwabo kuya kuhamba kancinci kunezinye iifomathi. Ukuza kuthi ga kwinqanaba lokuba kuya kusibiza ngaphezulu ukufumana imali esiyityalileyo kulo nyaka. Kwelinye icala, kufuneka sivavanye iingenelo zokufumana ugqithiso olusinika ngokwembono yerhafu. Akumangalisi ukuba le yimisebenzi engazukuchaphazela iakhawunti yethu yokonga kuba ziintshukumo ezikhululekileyo kulo naluphi na uhlobo lwentlawulo kwaye ezinokusinceda kwizicwangciso zotyalo-mali esiza kuzenza ukusukela ngoku. Ngokungafaniyo nembuyekezo eya kuthi ibenesohlwayo se-19% xa ibhalansi yokugqibela yotyalo-mali intle kwasekuqaleni.
Izitshixo kwiphothifoliyo yemali
Kufuneka sifunde kwakudala, kwaye ngale ndlela okwenzekileyo kulo msebenzi kufuneka kusincede singenzi iimpazamo ezifanayo ukuza kuthi ga ngoku. Enye yeendlela zokupheka ukufezekisa le njongo inqwenelekayo kukwahlula iphothifoliyo yeemali ezihlangeneyo. Asidinwa kukuyiphinda enye yezona ndlela zibalaseleyo zoku khusela imali esiyigcinileyo Kuvela kukwahlukahlukana kwezi mveliso ezijolise ekongeni ngasese. Akufunekanga sigxile kuyo yonke imali ekwibhasikithi enye. Ukuba akunjalo, ngokuchaseneyo, kufuneka siyisasaze ngohlobo oluthile kunye nolwahlukileyo. Ukuze ngale ndlela sikwazi ukuthintela imeko enje ngoku esihlangabezana nayo okwangoku, nokuba sisiganeko esikhethekileyo.
Kwelinye icala, iiasethi eziyimali ezingafanelekanga ukuba zingabikho kwiipotfoliyo zethu zengxowa-mali yotyalo-mali yile inxulunyaniswa neemarike zesitokhwe. Ngokukodwa emva kokuhla okumangalisayo kwixabiso lezabelo zeenkampani ezidwelisiweyo. Ukuya kwinqanaba lokumela ubunyani mathuba o shishino ngenxa yamaxabiso abanawo ngoku kwiimarike zezabelo. Zombini malunga nokuthengwa kunye nokuthengiswa kwezabelo kwimarike yemasheya kunye neengxowa mali zotyalo-mali ngokwazo. Ngokuphinda kubekho ixabiso eliqikelelwa kakhulu ngenxa yobunzulu balo kwaye elinokusinceda siphucule inzuzo yezi mveliso zemali ukusukela ngoku. Ngaphezulu kwemeko yengeniso esisigxina yamazwe aphesheya.
Ulwabiwo olulinganayo
Into engenakwenziwa kukuqesha imali eyahlukeneyo yeendidi ezahlukeneyo. Ayenzi ngqondo kuba ekuphela kwento elungileyo kukunyusa kunye jika kwakule ngxaki inye. Ngaphandle kwento yokuba kuyimpazamo ukuba uninzi lwabatyali mali abancinci nabaphakathi bavame ukuyenza rhoqo, ngakumbi abo banolwazi oluncinci kolu hlobo lotyalo mali. Ngaphandle kokuziphatha abanokukuvelisa kwiminyaka ezayo. Ukuba akunjalo, ngokuchaseneyo, kufuneka uye kwiingxowa-mali ezinokuncedisana kwaye ngandlela thile zithathe iziphumo zazo ezimbi ngokubhekisele kwinzuzo. Ayisiyiyo kuphela ngokubhekisele kwiiasethi zemali ezikhethiweyo, kodwa nakwindawo ezijolise kuzo.
Ngelixa kwelinye icala, into engabalulekanga kangako kukuba kufuneka silumke ngakumbi kunakuqala malunga nokuncitshiswa okanye ukunqunyanyiswa kwezabelo kwinxalenye enkulu yemali yotyalo-mali. Ngale ndlela, ayinakulibaleka ukuba sikwixesha apho abatyali zimali bejonga ukuba bazokulanda izabelo zabo ngenxa i-Cascade yokumiswa kunye nokunciphisa yeeasethi eziyimali ezenza lo mvuzo kubanini zabelo. Zombini ngokumalunga nezo ezivela kwii-equities kunye nengeniso esisigxina. Kuya kufuneka unike ingqalelo ngakumbi kumgangatho wazo kwaye zilawulwa ngendlela efanelekileyo kwaye zinokulungelelaniswa nazo zonke iimeko ezikwiimarike zezemali, nkqu nezona zinzima. Kuya kufuneka silinde de kube sekupheleni konyaka kwaye sijonge imeko yotyalo-mali kwaye ke injongo kukujonga ukuba kulungile na kuthi ukuba sitshintshele kwezinye iimali zotyalo-mali.
Iingxoxo zentengiso yemasheya zanda
Imarike yemasheya yaseSpain ithengise i-55.468 yezigidi ze-euro ngee-Matshi, Ngama-59,9% ngaphezulu kwenyanga enye yonyaka ongaphambili kunye nama-46,4% ngaphezulu kunangoFebruwari. Inani lothethathethwano ngoMatshi yayizizigidi ezingama-7,61, i-142,3% ngaphezulu kunango-Matshi 2019 kunye nama-82,9% ngaphezulu kwenyanga ephelileyo. Ngo-Matshi, i-BME ifikelele kwisabelo sentengiso kurhwebo lwezokhuseleko lwaseSpain lwama-72,39%. Uluhlu olumndilili ngo-Matshi yayili-14,96 yamanqaku esiseko kwinqanaba lokuqala lexabiso (i-16% ibhetele kunendawo yokurhweba elandelayo) kunye ne-21,43 yamanqaku esiseko ngobunzulu be-25.000 ye-euro kwincwadi yoku-odola (26,1, XNUMX% ngcono).
La manani aquka urhwebo olwenziwa kumaziko orhwebo, kokubini kwincwadi yoku-odola ebonakalayo (i-LIT), kubandakanya ifandesi, kunye norhwebo olungabonakali (mnyama) olwenziwe ngaphandle kwencwadi. Ngelixa kwelinye icala, umthamo opheleleyo ongene kwimali esisigxina yayizizigidi ezingama-31.313 zeerandi ngo-Matshi, emele ukukhula kwe-26,1% xa kuthelekiswa noFebruwari. Ukwamkelwa kurhwebo, kubandakanya nemicimbi yetyala loluntu kunye nengeniso esisigxina yabucala, ifikelele kwi-42.626 yezigidi zeerandi, ngokukhula kwe-19,5% xa kuthelekiswa kwinyanga enye ka-2019 kunye ne-83,7% xa kuthelekiswa noFebruwari walo nyaka. Ibhalansi engekahlawulwa ime kwi-1,59 yezigidi zeerandi, oko kuthetha ukuba inyuke nge-0,9% xa kuthelekiswa noMatshi 2019 kunye neepesenti ezi-2 kwingqokelela yonyaka.
Ngexesha lenyanga yoKwindla, urhwebo kwimarike yezemali. Ngokukodwa kwi-Index Futures, ngenyanga ephawulwe ngokunyuka kokungazinzi. Ngo-Matshi 12, 77.763 IBEX 35 PLUS izivumelwano zexesha elizayo zathengiswa, irekhodi lemihla ngemihla, ngaphandle kweeveki zokuphela. Umthamo wexesha elizayo kwi-IBEX 35 unyuke nge-74,6% nakwi-Futures Mini IBEX ngama-200,8% xa kuthelekiswa nenyanga kaMatshi wonyaka ophelileyo. Kukhetho lweSitokhwe, uMatshi yayiyinyanga yesithathu elandelelanayo yokukhula ngokuthelekiswa nexesha elifanayo kwi-2019, ngokunyuka kwama-60,4%.