Izimali zokutshala imali zingenye yamathuluzi athandwayo kubatshalizimali abaningi abancane nabaphakathi. Njengenye indlela yangempela yenzuzo ephansi eyethulwe yimikhiqizo yasebhange futhi emayelana nokuthi amazinga aphansi kusukela eminyakeni eminingi. Ngalo mqondo, kwanele ukukhumbula ukuthi imikhiqizo emikhulu yasebhange (imali yesikhathi esinqunyiwe, amabhondi noma ama-akhawunti emali engenayo ephezulu) ayidluli emazingeni azungeze u-0,5%. Ngenxa yentengo eshibhile yemali futhi lokho sekuholele ekutheni inzuzo yayo ibe sezingeni lomlando iminyaka eminingana manje.
Kepha kunoma yikuphi, izinqumo zihlala ziqondiswe ezikhwameni zokutshala imali eziguqukayo nezingaguquki. Ziyaziwa kakhulu futhi lapho i- ukuhamba kwemali yabasebenzisi, ukulimaza okusele. Kepha kufanele kukhunjulwe ukuthi kukhona impilo edlula lezi zindlela zokutshala izimali ngaphakathi kwezimali ngokwazo. Ukuzivulela amathuba amasha webhizinisi, sizokuvezela kwelinye isigaba sezimali zokutshala imali ongabhalisela ukusukela manje. Akumangalisi ukuthi bangakusiza ukuthi uphume ezinkingeni ezingaphezu kweyodwa ezinyangeni ezizayo.
Eziningi zalezi zimali ezihlanganyelanayo zendabuko impela, kepha ezinye kunjalo bazokumangaza ngokuvela kwabo ngisho nangezimpahla zezimali abazifaka kuphothifoliyo yabo yokutshala imali Ngoba okumayelana nokuthi ungenza ukonga okunenzuzo ngaphezu kwenzuzo enikezwa yimikhiqizo yasebhange. Kunoma ikuphi, kunento eyodwa okufanele ucace kusuka manje futhi lokho ukuthi le mikhiqizo yokonga ayiqinisekisi ukuthi uzobuya kanjani. Uma kungenjalo, kunalokho, kuzoncika ekuguqukeni kwezimakethe zezimali.
Ukusatshalaliswa ngezimpahla zezimali
Mayelana nephothifoliyo yakho yokutshala imali, kufanele kwaziwe ukuthi ifa ngokwezigaba Ama-IICs emhlabeni jikelele ekupheleni kuka-2018 asatshalaliswa ngale ndlela elandelayo: ama-akhawunti wemali eguquguqukayo angama-45,4%, imali engenayo engaguquki engu-20,5%, ixubene no-12,5%, imali eyi-11,9, 1,6%, ingcebo engu-8,0% kanti eminye ingu-4,4%. Izimpahla ezitshaliwe kuma-ETFs emhlabeni wonke ziphinde zenyuka futhi futhi zema kuma-euro ayizigidi eziyizinkulungwane ezingama-2018 ngoSepthemba 3,87 kusuka ku-80 ngoDisemba ngonyaka owedlule. Kulezi, ama-16% yimali eguquguqukayo kanye ne-XNUMX% yemali engenayo engaguquki.
Mayelana ne- okubhaliselwe okuphelele Kuze kube unyaka we-2018 zingama-euro ayizigidi ezingama-791.308 (ama-euro ayizigidi ezingama-153.401 kwikota yesithathu), ngaphansi kwama-euro ayizigidi eziyizinkulungwane eziyi-1,81 ngesikhathi esifanayo sika-2017. Kokubhaliselwe okuphelele kwe-CIS okunqwabelene kuze kube nguSepthemba 2018, ama-36,7, ama-276.477% ahambisana nama-IIC aseYurophu. Ngezwe, kufanelekile ukugqamisa ukuqoqwa kwemali eyi-34,9 yezigidi ye-UCITS e-United States (XNUMX% yenani lomhlaba jikelele lonyaka), ikakhulu eligxile kwi-Fixed Income and Equity UCITS
Izimali zokutshala imali: imali
Le ngenye yamamodeli wendabuko ngokuqhakambisa indawo yokutshala imali, yize kunenkinga yokuthi inzuzo yayo kuze kube manje incane impela. Ngamamajini wokulamula ambalwa kuphela amaphesenti ambalwa eshumini esimweni esihle kakhulu. Lokhu kubhekisa ezikhwameni zotshalo-mali ezisuselwa ku-euro, okuwumkhiqizo ozinzile kunayo yonke futhi ekude nokunyakaza kokungazinzi futhi mhlawumbe nangokungazethembi okujwayeleke kakhulu kwizimali zokutshalwa kwezimali zamasheya.
Isimo esishubile esikhona ezimakethe zezimali ezinyangeni ezedlule siphinde saba nomthelela omubi ekuguqukeni kwe izimpahla zesikhwama sokutshala imali phakathi nenyanga kaNovemba. Ngakho-ke, umthamo wezimpahla zezimali zokutshalwa kwezimali zezokuphepha ubhalise ukwehla kwama-euro ayizigidi eziyi-1.382 ngoNovemba, emi kuma-euro ayizigidi ezingama-265.140, okungu-0,5% ngaphansi kuka-Okthoba. Ngo-2018 wonkana futhi ngaphandle kokusebenza kahle kwezimakethe ngo-2018, izimpahla zezimali zokutshala imali zithole ukukhula kwama-euro ayizigidi ezingama-2.017, u-0,8% ngaphezulu kunasekupheleni kuka-2017.
Izimali eziqinisekisiwe
Ngaphakathi kwalesi sigaba semikhiqizo eyenzelwe ukutshalwa kwezimali okudala kakhulu Ngeke ukhohlwe ukuthi izimali eziqinisekisiwe zidlala indima ebaluleke kakhulu ekuqashweni kwabatshalizimali abancane nabaphakathi. Ngesizathu esilula futhi lokho kungukuthi yibo kuphela abaqinisekisa ukusebenza okungaguquki minyaka yonke. Ngakolunye uhlangothi, akukwazi ukukhohlwa ukuthi izimali eziqinisekisiwe ziholele ukukleliswa kokubhaliselwe okuphelele kwenyanga kaNovemba ngama-euro ayizigidi ezingama-252 futhi kwaqoqwa ama-euro ayizigidi ezingama-266 ngonyaka.
Lesi sigaba sezimali zokutshala sinikeza ukuphepha okukhulu kubatshalizimali abancane nabaphakathi, phakathi kwezinye izizathu ngoba ukonga izimali ezitshaliwe ngaphezu kokunye ukucatshangelwa. Isibonelo, ukwanda kwenzuzo kuleli banga lomkhiqizo elinokucabanga okukhulu phakathi kwabasebenzisi ezweni lethu. Kunoma ikuphi, kufanele futhi kubhekwe kusukela manje ukuthi lesi sigaba sezimali zotshalo-mali sibonakala ngokuguquguquka okuncane.
Izimali ezibhekele umphakathi
Zingezinye zezinto ezingaziwa ngabatshalizimali lapho zingafana nenzuzo njengabanye. Kepha ngomehluko omkhulu futhi lokho ukuthi le modality ye-atypical isuselwa ekukhetheni kweminye imibandela yokwenza iphothifoliyo yabo. Lokho wukuthi, kuya nge imibandela yezemvelo, ukuphathwa kwezenhlalo nezamabhizinisi, phakathi kwezinye izindlela zokukhetha imodeli yotshalo-mali. Igalelo elikhulu lalesi sigaba semikhiqizo ukuthi livumela ababambiqhaza ukuthi bahambisane nendlela yabo yokucabanga noma bamane baqonde impilo.
Ngakolunye uhlangothi, izimali ezibizwa ngezenhlalakahle zimakethwa kaningi phakathi kwabaphathi bezikhwama. Esinye salezi zibonelo simelwe yi-BBVA Sustainable fund okuhloswe ngayo abatshalizimali abavela Iphrofayili elandelanayo, iphethwe ngezinqubo ze-SRI eziqedela uhla lwezikhwama ezibhekele umphakathi. Enye indlela i-Sustainable Future, eyisikhwama sokwabiwa kwempahla yomhlaba esitshala imali ezikweletini zomphakathi, izikweletu nezimali ezisebenzisa imibandela ye-ESG kubo bobabili ohulumeni nezinkampani.
Ngokusekelwe ekuguquguqukeni
Kuyaziwa kubo bonke ukuthi unyaka odlule awuzange ube muhle kakhulu emkhakheni wesikhwama sokutshala imali, ogcine ungathandeki. Kuzo zonke izindlela, kokubili kumholo oguqukayo nongaguquki noma nakwezinye izinhlobo zokutshala imali. Ukube lo nyaka ubufana, isisombululo besingaqhamuka kwenye yezimali zokutshala imali ezingaziwa kakhulu ngabatshalizimali abancane nabaphakathi, njengalezo ezisuselwa ekuguquguqukeni. Ngezinga abangaba ngalo kunenzuzo enkulu ngaphakathi kwesikhathi samanje sokuhlangana.
Ngalo mqondo, inqobo nje uma izimakethe zamasheya zibonisa ukungazinzi okukhulu, lezi zimali ezikhethekile zokutshala izimali zizoziphatha kangcono. Ingxenye encane yemali yethu etholakalayo ingasetshenziselwa ukuvula izikhundla kulezi izimpahla zezimali okhetheke kakhulu bese uzama ukuthuthukisa isitatimende semali engenayo kusuka manje Yize kuyiqiniso futhi ukuthi imisebenzi yabo inobungozi obukhulu futhi ngeke kube khona okunye abangakwenza ngaphandle kokuyilawula ngokuqapha ngesikhathi izikhundla zabo. Noma ngabe kunesidingo sokuyidlulisela kwenye indlela ngaphakathi kwezimali zokutshala imali.
Izimali zezindlu
Kungaba yisikhathi sokutshala imali futhi esitebeleni futhi uthole inzuzo etholakalayo ngalezi zinhlobo zokusebenza ezimakethe zezezimali. Akumangalisi ukuthi le misebenzi sebekhule ngo-13% ngonyaka odlule, yize kungaba nokuhluka okuncane kusukela manje kuqhubeke. Ngalo mqondo, izifundo ezehlukene nemibiko evela emkhakheni uphakamisa ukuthi kuzintengo zezindlu ze-2019 zizonyuka, zisuka kuma-euro ayizigidi ezingama-1.650 ngemitha eyisikwele okwamanje okuthengiselwa kuyo cishe ama-euro ayi-1.800 ngemitha eyisikwele.
Kunoma ikuphi, kubonakala kunokwehluka okuncane kakhulu kunalokho okwenziwe eminyakeni edlule. Manje okuzofanele kuhlolwe ukuthi ngabe lo msebenzi uzoveza yini ushintsho ekuthengweni nasekuthengisweni kwemizi. Ngalo mqondo, kunenqwaba yezimali zokutshala imali ezikhethekile kulo mkhakha obalulekile wezomnotho waseSpain. Yize benamakhomishini aqinile kunamanye amamodeli wokutshala imali.
Ngakolunye uhlangothi, kungenzeka futhi ukuhlanganisa leli qhinga nezinye izimpahla zezezimali, kokubili kusuka kumasheya kanye nemali engenayo engaguquki. Njengefomula yokwehlukanisa utshalomali uma kwenzeka ukungazinzi kufakwa unomphela ezimakethe zezezimali. Ngale ndlela, akungabazeki ukuthi uzobe uvikela imali oyongile ngendlela efanele futhi ephumelelayo. Ngaphandle kokunye ukucatshangelwa kobuchwepheshe futhi mhlawumbe futhi kusukela ekubukeni kwezisekelo zayo. Kunoma ikuphi, kuzoba ngenye yezinhlobo zezimali zotshalo-mali okuzodingeka ukuthi zibhekwe kulo nyaka eziziveza ngokungabaza okuningi.
Ngalo mqondo, izifundo ezehlukene nemibiko evela emkhakheni uphakamisa ukuthi kuzintengo zezindlu ze-2019 zizonyuka, zisuka kuma-euro ayizigidi ezingama-1.650 ngemitha eyisikwele okwamanje okuthengiselwa kuyo cishe ama-euro ayi-1.800 ngemitha eyisikwele.