Iimpembelelo zeMali-mali kwi-Investment Global

Umngcipheko ngumngcipheko oKhethekileyo woTyalo-mali lwaMazwe ngamazwe okumele acinge ngako

Abatyalomali bamazwe ngamazwe banobuninzi beengozi ekhethekileyo njengengozi yezopolitiko kwimingcipheko yemali . Umngcipheko ubonisa enye ingozi ebaluleke kakhulu ukuyiqonda kuba ingaba nefuthe elibi kwezoqoqosho. Oku akuyiyo kuphela kumazwe angakhawulekanga, njengeZimbabwe apho ukunyuka kwamaxabiso kuphuma ngaphandle kokulawulwa, kodwa nakwiimarike eziphuhlisiwe emhlabeni jikelele.

Ixabiso lentengo lidla ngokulinganiswa ngokusebenzisa izikhombisi zexabiso lomthengi (CPI), ezibala inani lokuthengwa kwamandla okuthenga imali kunye nebhakethi eyahlukileyo yempahla yabathengi.

I-CPI ikwahlula ibe yi-index-sub-indexes ukuze ikhuphe ezinye izinto, njengamaxabiso emandla, anokuthi avuke ngenxa yezinye izinto ze-geopolitical kwaye angabonakali ukunyuka kwamaxabiso.

Impembelelo yeMiphumo kwiBond

Ixabiso lentengo mhlawumbi libhekiselele kwixabiso lentengo. Ezi xabiso zivame ukuba nezilungelelaniso eziphambeneyo kunye nokunyuka kwamaxabiso, ekubeni ukunyuka kwamaxabiso okuphezulu kukukhokelela kwizivuno ezilindelekileyo eziphezulu, kwaye isivuno esiphezulu sikhokelela kwixabiso eliphantsi kwexabiso. Ngaphezu koko, ukunyuka kwamaxabiso okuqhubekayo kuchitha intlawulo yokukhula (inqununu) yokuhlawula, ekubeni loo xabiso lwemali liye lahlulwa.

Imiphumo yokunyuka kwamaxabiso kwiibhondi ibonakala kwimpumelelo phakathi kwegama elithi "utyunjwa" kunye ne "yangempela". Ukubuyiselwa kwegama eliyi-Nominal yizona zivuno zangempela, ngelixa ukubuyiswa kwangempela kubonisa ukuveliswa kwexabiso lokunyuka kwamaxabiso elihlawulwa ngabbolekayo kubaboleki. Ekubeni ukunyuka kwamaxabiso kuhambelana nokuhamba kwexesha, le ntlukwano ingabongeza kwiimali ezibalulekileyo malunga nexesha.

Kubatyalomali bamazwe ngamazwe, ityala elizimeleyo kunye ne-ETF ezinxulumene neentlawulo ezizenzekelayo kwihlabathi jikelele zithintela utshintsho kwi-inflation. Kubalulekile ukuba abatyali-mali bajonge amanani e-CPI (okanye iingxelo ezizimeleyo zangasese kulawo mazwe ngaphandle kokunika ingxelo ethembekileyo) kwimimiselo yokunyuka kwamaxabiso emveliso, kuba oko kungabonakalisa inkathazo phambi kwabanini-nkonzo.

Imiphumo yeMiphumo yeMiphumo kwiMali

Umngcipheko ungabonakalisa uphawu olubi kakhulu kwiimarike ezithengiswayo, kodwa igalelo layo kumaxabiso aluncinane kakhulu. Imali engaphezulu kwemali inganika iinkampani ngemali-mboleko engancinci, enokukhuthaza ukukhula koqoqosho kunye nokuqhuba imali ephezulu. Kodwa ukulawulwa kwexabiso elingapheliyo kungabangela iingxaki zoqoqosho lonke, kuquka iimarike zokuphela ezijoliswe ziinkampani.

Abaninzi bezomnotho bathi ukunyuka kwexabiso eliphakathi kwe-1% kunye no-3% kuvelisa ukubuyiswa okunamandla kwamanqanaba, ngelixa amaxesha anama-6% e-inflation aphezulu ahlala evelisa ukubuyiswa kwangempela kwezinto ezilinganayo. Enyanisweni, kukho abanye abachaza ukuba akukho nqanaba lokunyuka kwamaxabiso liphakamisa ukubuya ngokulingana kuboniswe kwiinkampani zikarhulumente, kuba kunzima ukubonisa imbangela ngqo kunye nomphumo.

Kubatyalomali bamazwe ngamazwe, iibhanki eziphambili ezibonelela ngexabiso ngexesha leengxaki zinokunceda ukukhulisa amanyathelo ngokukhuthaza ukuphucula ezoqoqosho. Kodwa ukunyuka kwamaxabiso okubonakala ngathi kungabikho kokulawula kungabangela ukubuyiswa okuphantsi kwezinto. Kwakhona, kubalulekile ukuba abatyali-mali bajonge amanani e-CPI (okanye iingxelo ezingekho phantsi kweengxelo ezizimeleyo) kunye nokulinganisa okulindelekileyo malunga nokulindela koqoqosho.

Indlela yokuHlaba iNgxowa-mali ejongene nemithwalo yemali

Abatyalomali banokunciphisa ukubonakala kwabo kwiingcipheko zokunyuka kwamaxabiso ngokusebenzisa iindlela ezahlukeneyo.

Indlela eyaziwayo kakhulu yokumelana nokunyuka kwamaxabiso ngowokuthenga izinto ezinzima , kuquka igolide, ioli, iifama, igesi yendalo okanye, kwizinga elincinci, i-real estate. Ngokuqhelekileyo, ezi zinto zihlala zihambelana ngokungahambisani naso nakwamashishini kunye nezibophelelo.

Amanye amazwe aphuhlisiwe anikezela ngezinye iintlobo zeentambo zokunyuka kwamaxabiso. Ngokomzekelo, i-Treasury yase-US inikezela ngeMpahla eVikelekileyo yeMali eVikelekileyo (i-TIPS) echitshiyelwe ukunyuka kwamaxabiso ngokusekelwe kumanani e-CPI aseburhulumenteni. Ngokufanayo, izibophelelo zorhulumente ezikhuselweyo kwi-Yurophu ziye zabangela ingqalelo abanye abatyala-mali.

Ngokuphawulekayo, oku kuqinisekiswa kwexabiso lokunyuka kwamaxabiso kunokusebenza njengendlela yokubonisa ukuzithemba kuorhulumente. Ngokomzekelo, abatyali-zimali abachaphazelekayo malunga nemiphumo emibi yemigaqo-nkqubo yokunyuka kwemali bangakhetha ukuthenga izitheno ezikhuselweyo zentengo endaweni engekho ekhuselekile, okuza kubangela ukusabalala okwandayo phakathi kwexesha ezimbini-isilumkiso esisilumkiso.

Iingongoma ezibalulekileyo zokuPhumela kweMiphumo yeMveliso

• Umngcipheko kubaluleke kakhulu umngcipheko wokuqwalasela abatyala-mali bamazwe ngamazwe, ngokukodwa kwiimarike ezibopheleleyo kunye nezikweletu.
• Impembelelo imele ibe nefuthe elibi kwiimbini kunye nokulingana, kodwa iinzame zokwandisa utywala ngexesha leengxaki zingancedisa ukulingana.
• Abatyalomali banokuzikhusela kwimali yokunyuka kwamaxabiso ngokuthenga izinto ezinzima okanye ukukhuselwa kwexabiso lokunyuka kwamaxabiso.