Iikontraki zangaphambili, i-Futures, i-Swaps kunye neenketho
Ngokuqhelekileyo, iimali zeemveliso , ii-ETF ezichitshiweyo kunye nokusetyenziswa kwemali yokuthengiselana ngemali ekuthengiseleni ukulandelela amanqaku okutshatyalaliswa kunokuba izitokisi.
Nangona kunjalo, kwimeko yemali eninzi, ingaba yintlangano yamasheya kunye neziphumo.
Iimvelaphi eziqhelekileyo ezifunyenweyo kwingxowa-mali yokuthengiselana ziza kuza, ngokukodwa kwi-ETF yexabiso. Kodwa kukho imali esebenzisa phambili, i-swaps, kunye neenketho (iifowuni kunye nokubeka). Ngoko njengoko ndihlala ndishumayela, akubaluleki nje ukuba ukwazi ukuba i-fund yakho isebenza njani, kodwa yintoni na kwi-ETF yakho . Kwaye ekubeni i-derivatives ininzi ye-ETFs, ndifuna ukumboza iintlobo ezahlukeneyo onokuzifumana kwi-fund yakho.
Iikhontrakthi zeMvumelwano
Isivumelwano esihamba phambili sivumelwane phakathi komthengi kunye nomthengisi ukuba athengise i-asethi ethile emva komhla olandelayo - echazwe ngaphambili ngabo bachaphazelekayo kumthengi. Isivumelwano siya kubandakanya imigaqo yexabiso elikhoyo, inani okanye intengo, kunye nomhla wokuhambisa.
Ngokungafani nezinye iziphumo (ixesha elizayo kunye nezinketho), izontrakthi ezithumelayo azithengiswa esidlangalaleni ekutshintshisweni. Zizivumelwano ezizimeleyo phakathi kwabahwebi, ibhanki yotyalo-mali, amaqumrhu ebhizinisi, njl.
Kwaye ukususela phambili bebanjwe ngasese, ngokuqhelekileyo abalawulwa ngokusemthethweni.
Iikhontrakthi zexesha elizayo
Inkontileka yexesha elizayo ifana nekhontrakthi phambili, kodwa kukho ezinye iimeko ezingundoqo. Ngokungafani neendlela ezithengiswa ngasese, ikusasa zithengiswa esidlangalaleni kwintengiso kwaye ngenxa yoko, zilawulwa kakhulu yiSibini (iKhomishana yoTshintsho lweeNkxaso-mali).
Kwakhona, ngenxa yokuba zilawulwa, akukho mngcipheko ongekho phantsi, nangona kunjalo kukho umngcipheko ongasemgangathweni kwisivumelwano somntu wangasese njengokuba phambili.
Kwakhona, ixesha elizayo lenzelwe ukuba luninzi. Njengoko bethengiswa esidlangalaleni ekutshintshiseni, unako ukuthengisa kunye nokuphuma kwiindawo ezizayo. Nangona kunjalo, phambili kuninzi yesivumelwano somntu esilungiselelwe ukuba sigcinwe ukuphela kwayo.
Ukutshintshwa kweeMvumelwano eziPhezulu
Ukutshintshiselwa kunokuchazwa njengengqungquthela yezivumelwano ezihamba phambili. Yimvumelwano phakathi komthengi kunye nomdayisi ukuba angene kwiintlobo ezininzi zokutshintshiselana kwemali ukuze kuqhutywe kwixesha elizayo. Ngokuqhelekileyo ukubaluleka kwezi mpahla kwemali kunqunywe yimetrikhi enamandla njengenqanaba lomdla. Nangona kunjalo, elinye icala lomthengiso linokumiselwa kwemvumelwano yokuhamba kwemali ngokunjalo.
Uhlobo oluphambili apha lukuthi phambili kuyisikontraki esisisigxina esisodwa, kodwa utshintshi lenziwe ngamashishini amaninzi amiselwe ngaphambili.
Iikontrakthi zeKontrakthi
Kukho iintlobo ezimbini zokukhetha - iifowuni kwaye ubeka. Inketho yefowuni inelungelo lokuthenga isitokethi esithile ngaphambi okanye ngomhla wokuphela kwintengo ethile. Ngoko ke ukuba unomhla we-Novemba 25 we-XYZ yesitokhwe, unokuthenga isitokisi se-XYZ okanye ngaphambi kokuphela kukaNovemba (ukuphelelwa yisikhathi nguLwesihlanu ngaphambi koMgqibelo wesi-3 wenyanga) ngentengo ye-$ 25 kumthengisi wocingo.
Ukuba inani lentengo liyi-$ 50, uya kufuna ukwenza oku. Ukuba intengo yesitoreji i-$ 10, awuyi kuba.
Ukhetho lwe-Put lihlukile kwindlela yokhetho lokufowunela. Kule meko, umnini-mali wokubeka unelungelo lokuthengisa i-stock kwi-$ 25. Ukuba isitokhwe sithengisa kwi-10 ye-10, ke oku akuyi-brainer. Ukufeza ukubeka nokuthengisa i-stock kwi-$ 25. Ukuba isitokhwe sithengisa kwi-$ 50, ngoko awufuni ukuthengisa i-stock kwi-$ 25, ngoko ukubeka kwakho ixesha kukuphelelwa lilize.
Kukho amanqaku amaninzi kunye nemiphumo yeziphumo ezivela kwi-ETF okanye ngenye indlela, kodwa kufuneka ukuba ubuncinci uqonde izinto ezisiseko xa kukho naziphi na iindlela ezikhoyo kwiimali zakho. Kwaye ndiya kubhala umxholo ohambelanayo ungena kwiinkcukacha ezongezelelweyo ngalunye uhlobo lwesiphumo. Ndiza kudibanisa kwinqaku nganye kwinqanaba eli liye lagqitywa. Okwangoku, qiniseka ukuba uyazi ukuba kukho naziphi iziphumo ezivela kwi-ETF yakho kunye nendlela asebenza ngayo.
+ UMarko Kennedy