Thenga iphepha okanye igolide ebonakalayo, yintoni leyo?

Kutyalo-mali zibandakanyiwe ii-asethi eziyimali ezahlukeneyo. Zininzi kangangokuba ziya kuthi zibangele ingxaki yesigqibo esinovakalelo phakathi kwabatyali mali abancinci nabaphakathi. Enye yezi yenye ye i zinyithi Ukubalasela njengoko kunjalo ngegolide. Kodwa kufanelekile ukwahlula phakathi komzimba kunye negolide ebonakalayo okanye iphepha. Yiyo kanye le yokugqibela esiya kuxoxa ngayo ukukunika olunye uluvo malunga nokuba ungaphi tyala imali oyigcinileyo apha. Kodwa kule meko ngesindululo esikhetheke kakhulu, kodwa siyintsusa ngenxa yeendlela zokuhamba kwesi sinyithi kwiimarike zezemali.

Ewe, iphepha okanye igolide ebonakalayo yile ungenayo ngokwasemzimbeni kodwa endaweni yokuba uyifumane ngoonokontraka. Ngokukodwa ngokusuka kwiziphumo kunye nezibonakalayo kwimveliso eyahlukeneyo yemali. Abanye oqhelene nabo kwaye abanye inokuba kokokuqala ukuva ngobukho babo. Kodwa nangayiphi na imeko, unokufuna ngexesha elithile ebomini bakho ukwenza ibhalansi yeakhawunti yakho yokujonga inenzuzo. Ngokukodwa xa imeko yeemarike zezemali ingekhoyo intle. Ngokuhla kwexabiso layo okanye okubi kakhulu, njengokutshintsha kwendlela, ukusuka ekunyuseni ukuya kwi-bearish ngeentsuku ezimbalwa.

Ke ukuba ukulungele ngokupheleleyo ukutyala imali oyigcinileyo kwimveliso enolu phawu, akukho nto ingcono kunokwazi ukuba ziqulathe ntoni kunye nendlela abanokuvula ngayo izikhundla. Akumangalisi ukuba ngoku uya kuba nesixhobo esitsha nesinamandla sokuthatha indawo kwindawo yentsimbi exabisekileyo enqabileyo njengentsimbi etyheli. Ngale ndlela, awunakulibala ukuba igolide lixabisile kulo nyaka ngaphezulu kwe-40%. Ngaphezulu kwezinye iiasethi zemali ezifanelekileyo ngokukodwa, kwaye phakathi kwazo kubandakanywa ii-indices eziphambili zentengiso yamazwe aphesheya. Apho kungagqithisanga kwinqanaba le-15% kwezona meko zintle.

Ukubaluleka kwegolide

Ukuze uziqonde ngcono, kuyakubaluleka kakhulu ukuba wazi ukuba kwii-80s zakuqala, igunus yegolide yahlawulwa nge-850 yeedola. Ixabiso liye langena kwiminyaka emibini ezayo ukuya ku-1999 kumanqanaba eedola ezingama-250 ngeyunce kwaye oku kuye kwabangela ukuba iinkampani zemigodi zibeke imeko xa kusenziwa amathemba amatsha. Ukusuka kwindawo yokubonelela, ngo-2004, imveliso yehle nge-4%, okona kwehla kukhulu kule minyaka ingama-65 idlulileyo. Oku kuqinisekisa ukuba ulindelo lowama-2010 lubona kwangaphambili ukuba imveliso yegolide iza kuncitshiswa ngama-30% kwaye iya kuba yinto ebangela uxinzelelo kumaxabiso. Kubalulekile ukuba uyazi ukuba sisibonelelo se-inelastic. Kuthatha iminyaka emi-4-7 ukukhupha igolide wakuba umgodi ubekwe ngokwejografi.

Enye yezinto zesiko ezivelise ukuwa okubukhali kwixabiso legolide zii-Central Banks. Isizathu soku kuziphatha sichazwa ngamazinga aphezulu enzala ababehlala nayo. Kuba ukubakho kwegolide kukodwa akuvelisi naluphi na uhlobo lwembuyekezo, iiBhanki eziMaphakathi ngexesha lomgaqo-nkqubo wezemali othintelayo into abayenzileyo yayikukuthengisa okanye ukuboleka igolide kutshintshiselwano ngetyala lamanye amazwe. Inkqubo ye- inzala ephezulu Benze iindleko zamathuba okuba negolide koovimba abagqithisileyo kwaye ke iiBhanki zithambekele ekunyuseni ubonelelo kunye nokuzalisa imarike ngegolide.

Imiba yengozi

Nangona icandelo lezacholo ligcina ubunzima babameli, kubonakala ngathi liyancipha. Imveliso yehle kakhulu ukusukela ngo-1997 ukuya ku-2002 nangona kwiminyaka yakutshanje inyukile. Siyintoni isizathu soku kubuya kwamva nje? Ngaba kunokwenzeka ukuba ihambelane? Ukuphendula lo mbuzo, kubalulekile ukuqonda ukuba ngonyaka we-1997 ukuya kowama-2003 abantu ababefuna igolide ukuba basebenzise ukuzonwabisa yayingamazwe okuqala ehlabathi. Inkqubo ye- ukugcwala okuthile Kunye nokugqabhuka kwebhola yetekhnoloji kunye nokuqina koqoqosho lwabo, bathintele ibango.

Ngo-2003 imeko yatshintsha kuba iTshayina, kunye nasezantsi iIndiya, baqala ukuthumela ngaphandle ngobuninzi. Ezi mali zibangela ubutyebi obangela ukusetyenziswa kwezi ndawo zinamasiko amaninzi. Ukuthetha ngezithethe, umzekelo onomdla ufumaneka kwicandelo lenkolo. IiBuddha zeGolide zenziwe ngamagqabi egolide ukuba idiphozithi ethembekileyo yokugubungela uBuddha kwaye kufuneka babuyise ngonyaka.

Iinkampani zemigodi ezijolise kwigolide

Ewe kuya kuba yimfuneko kakhulu ukuba wazi ukuba iinkampani zemigodi egxile kugolide zihlelwa ngokweendlela ezimbini. Kwelinye icala, ngenxa yobungakanani bayo, kunye Apho ngokusengqiqweni umngcipheko omkhulu uncinci. Ngelixa kwelinye icala, ikwenzeka phakathi kwabavelisi nabaxhaphazi. Abaxhaphazi banomngcipheko wokufuna nokumba. Abanye, ngokuchaseneyo, bagxile kunyango nasekuhanjisweni.

Kukwabaluleke kakhulu ukuba unoluvo oluthile malunga nokuba ungayifumana phi na le nto ibaluleke kangaka kwihlabathi. Ewe, ukuze ungabinalo naluphi na uhlobo lwamathandabuzo, kuya kuba kufanelekile ukuba uyazi ukuba eyona ntengiso iphambili apho igolide, isilivere kunye nezinye iintsimbi ezingabalulekanga (ezinje ngeAluminiyam, iCopper, iLad, iNickel, iZinc okanye iTin) kuthengiswa yi-COMEX. Ngaphandle kwePlatinam okokoko eyona ntengiso iphambili yi-TOCOM (yen) kunye I-NYMEX. Kuyo nayiphi na kuzo unokusebenza. Kodwa phantsi kweekhomishini ezifuna kakhulu kwimarike kunokuthenga kunye nokuthengisa izabelo.

Ukubonelela ngenkcubeko enkulu yezemali

Ukongeza, awungekhe ulibale nangaliphi na ixesha ukuba uyakufuna ulwazi olukhulu lwezezimali ukuthengisa ngetsimbi etyheli. Nokuba yeyiphi indlela oyikhethayo ukusukela ngoku. Ukusuka kolu luvo ngokubanzi, imarike yegolide iphenjelelwa kakhulu kukuhambahamba okuveliswe kwiimarike zekamva. Ngelixa iifayile ze Unxibelelwano lweoyile emdaka ngama-40% kumxholo wegolide, ixabiso linokuchazwa nge-80% kunye ne-90%. Eli sisiqwenga solwazi omele ukusithathela ingqalelo ukuba injongo yakho kukuthatha izithuba kwiintsuku ezimbalwa ezizayo. Ngayo yonke ingqiniseko yokuba iya kuvelisa into eluncedo kakhulu kwimisebenzi oza kuyenza ukusukela ngoku.

Kwelinye icala, igolide ivelisa a ukungazinzi okunamandla kulungelelwaniso lwamaxabiso abo. Ukusuka kule ndawo yokujonga akunakothusa ukuba umahluko phakathi kwamaxabiso abo aphezulu kunye asezantsi kwiseshoni enye yokurhweba inokunyuka ngaphezulu kwamanqanaba e-20%. Into engafezekiseki kwezinye iiasethi zemali. Ngokukodwa xa kuziwa kwiimarike ze-equity, nakwiiseshoni kunye nokutshintsha okukhulu kumaxabiso.

Ewe, le datha iya kuchaphazeleka ngokukodwa ngalo mzuzu ungqalileyo xa uza kuvula indawo kwezi ntsimbi zixabisekileyo. Ngaphezulu kwezinye izinto zobugcisa okanye ezisisiseko. Kuba awunakulibala ukuba ukutyala igolide yenye yeempawu zomntu wonke kwaye ayingabo bonke abasebenzisi abakwaziyo ukusebenza nesindululo esinjalo. Ngayiphi na imeko, igolide lolunye lotyalo-mali olusefashonini ngenxa yokuvela kwayo ngoku kwiimarike.

Igalelo elifanelekileyo legolide

Ewe kunjalo, olu hlobo lotyalo-mali luphethe uthotho lweempawu ekufuneka uzithathele ingqalelo ukuba uza kuthatha isikhundla. Ayothusi into yokuba lukhetho olunobuchule obukhulu kwaye kwinqanaba elithile inoveli enokuthi ivelise isimanga esinqabileyo ukusukela ngoku. Kwaye oku kulandelayo kuyabonakala:

• Akukho xesha uya kuba nembuyekezo emiselweyo neqinisekisiweyo. Kodwa ngokuchaseneyo, kuya kuxhomekeka kwindlela ezenzeka ngayo iimarike zezemali. Ngale ndlela, yeyona nto ikufutshane ekuthengeni nasekuthengiseni izabelo kwimarike yemasheya.
• Lutyalo mali olukhethekileyo olufuna a ulwazi olukhulu ziimarike zemali. Ngokukodwa le inxulumene nesinyithi esimthubi. Ukuze uhlengahlengise itikiti kwelamaxabiso acetyiswayo.
• Le misebenzi ayinayo akukho nto yakwenza negolide ebonakalayo Kuba baqala kwimibono eyahluke ngokupheleleyo. Kwaye ngesicwangciso sotyalo-mali esingenanto yakwenza nomnye nomnye. Ukuya kwinqanaba lokuchaswa ngokupheleleyo kwimvelaphi yabo.
• Awusoze ube nezikhundla zomzimba kule ntsimbi ixabisekileyo. Endaweni yokuba uza kuseka utyalomali lwakho kwi amathemba akho okukhula. Umzekelo, kwikamva okanye kwizivumelwano ezivela kwezinye. Ngamandla aphezulu okuhlaziya. Nangona uthatha umngcipheko omninzi kunangoku.
• Inxalenye elungileyo yezindululo inokubakho kwimveliso enje mali mali, Ii-ETFs, okanye nakwiimodeli ezinobundlobongela ezibandakanya le asethi ekhethekileyo yezemali.
• Iphepha okanye igolide ebonakalayo ayenzelwanga zonke iinkangeleko zabatyali mali. Kodwa kuphela kubo bonke abanamava abanzi kolu hlobo lokusebenza. Yeyiphi ngokuqinisekileyo ayinyani ekukhawulweni kwabo.