Indlela Ongayifumana ngayo Abanye abatshali-mali ukuba bakhokhe i-Cash yoTyalo-mali kwimali yabo
Enye yezicwangciso ezininzi zokukhetha iinkqubo zokuthengisa, ukuthengisa okukhethiweyo okukhethiweyo kunokuthi, ukuba kwenziwe phantsi kweemeko zentengiso efanelekileyo, kuvelisa inzuzo ephezulu ngokubandakanyeka kwintengiselwano onokuyenza nakanjani ukuba uhlawulele kwixabiso lentengo ephantsi. Nangona iimarike zinikezeli ziqinisekiso, esi sicwangciso singakuvuza ngembuyekezo enenzuzo kwi-market equity market. Ukuba ungumtyalo-mali onobuchule, le nkqubo ikuvumela ukuba usebenzise ulwazi olusele lufumene malunga namashishini athile ngeminyaka yakho yokufunda iirekhodi zonyaka ezahlukeneyo, i-10-Ks, kunye nezinye iifayile zeSET.
Ukuthelekisa: Ukuthengwa rhoqo kweSitoko
Masithi kuthi ngexesha elidlulileyo, ufune ukuthenga amasheya e- Tiffany & Co. kuba bahlonishwa ngokuphawuleka kwegama, kwaye basebenzise ngokusebenzisa imodeli yoshishino elula. Nangona kunjalo, awuzange uqiniseke ukuba ungaqhubeka njani ukusuka kwimarike yangoku ebenokubangela ukunyaniseka okuphezulu kwaye ubone amanani entengo ehlayo ngexesha elide.
Ngokomzekelo, njengokuvalwa kweemarike ngo-Oktobha 14, 2008, izabelo zeTiffany & Co. zathengisa kwi-$ 29.09 nganye, ezantsi ukusuka kuma-57.32 aphezulu ngaphambi kokuwa kweWall Street. Abatyalomali babethusa ukuba indawo yokuthengisa yayiza kuguqulwa kwaye iingubo eziphezulu zokugqibela ziza kuba enye yezinto zokuqala zokuhamba kuba abathengi bebengayi kuthenga amawashi axabisekileyo, izindandatho zedayimane, kunye neendlu zendlu xa bengenako bahlawule imali yabo.
Cinga ukuba ubude ufuna ukufumana isitokisi kuTiffany & Co. kwaye ulindele ithuba elifanelekileyo. Kwimarike engapheliyo, isitokhe sinokuwela phantsi kwamanye ama-20, 30, 501 ekhulwini okanye ngaphezulu, kodwa ufuna ukufumana inzuzo kubunini bakho beTiffany kwiminyaka eyi-10 ukuya kwe-20 elandelayo. Kukho indlela yokuthatha inzuzo kwimeko yangoku ngaphandle kokuthenga isitokisi, ngelixa ivelisa ezinye ibuyiselo ezintle kwiiphothifoliyo yakho.
Kwimeko enye, unokuthenga nje izabelo ngokukhawuleza, hlawula imali, kwaye uvumele ukuba bahlale kwiakhawunti yakho kunye neentengo zokubuyisela . Kwixesha elidlulileyo, ngokweminyaka engama-200 yembali kwimbuyekezo yemarike yokubuya kwempahla, kufuneka ube namazinga afanelekileyo okubuyela kwintsebenzo yoshishino oluphantsi. Ngaloo ndlela, ukuba ufuna ukuthenga amasheya angamawaka e-stock yeTiffany, uya kuthatha imali engama-29,090 ngemali yakho kunye ne-10 ye-khomishini, kwaye usebenzise i-$ 29,100 ukuthenga isitokethi ngo-Oktobha 14, 2008, intengo yemarike ye-$ 29.09 esetyenziswe kumzekelo wethu .
Isicwangciso esicatshulwayo: Thengisa iindlela zokuvula kwi-Tiffany & Co.
Eyona nto inomdla, kwaye mhlawumbi inenzuzo kakhulu, imeko usebenzisa isicwangciso sendlela ongakhetha ngayo sinokubeka i-capital yakho isebenze. Ukusebenzisa uhlobo olukhethiweyo lwentengiso, ungenza into efana nokubhalwa nokuthengisa "umgaqo-nkqubo" kwabanye abatyala-mali abatyhafiswayo malunga nokulahleka kwintengo yeTiffany & Co..
Olunye uhlobo lwezinto ezikhethiweyo ezikhethiweyo ezikhethiweyo, lunikeza umthengi ilungelo lokuba "abeke" isitokethi kumthengisi wokukhetha ngenani elinqunywe ngaphambili, ngokuqhelekileyo inani eliphakamileyo kunexabiso langoku kwixabiso lemarike, kakuhle kuze kube ngumhla obekelwe ngaphambili. "Thengisa evulekile" kuthetha ukuba uthengisa ukhetho olufutshane . Ukubonisa umzekelo "omfutshane", ukuba uthengisa imfutshane mfutshane oku kuthetha ukuboleka kwi-broker yakho kwaye uyithengisele komnye umtyalo-mali ngaphandle kokuwuthatha. Ngeqhinga lokusebenza, kufuneka ulithengise ngentengo ephakamileyo, uze uthenge isitishi emva kwexesha, ngentengo ephantsi esuka kumthengisi wakho kwaye ugcine inzuzo, ukucinga ukuba ixabiso lemali liyehla . Ukuthengisa ukukhetha iindlela ezivulekile , okanye imisebenzi emfutshane ngokufanayo.
Umthengi wezinketho akaze anyanzelekile ukuba asebenzise ilungelo lakhe lokuthengisa isitoko, kodwa xa ixabiso lesitoko lihlala liyehla, ukhetho lunikeza umnini-mali amandla okuthengisa ngexabiso elibekiweyo.
Oku kukhusela abatyalo-mali ngokubavumela ukuba baphume kwindawo yabo yesitokhwe ngaphambi kokuba balahlekelwe kakhulu.
Umzekelo, uthe umtyalo-mali wayezimisele ukuhlawula i-"premium yomshuwalense" ye-$ 5.80 ngesabelo ngasinye xa wena, umthengisi wokukhetha, uyavuma ukuthenga isitokthi sakhe saseTiffany kuye ukuba ixabiso liwela kwi-20.00 yeesabelo ngasinye. ngokuthengisa, okanye ukubhala, inkontileka yokukhetha inqaku elibandakanya izabelo eziyi-100 zeTiffany & Co.. Ngokubhala le khontrakthi uya kuvuma ukuthengisa omnye umtyalomali ilungelo lokunyanzela ukuba uthenge amasheya akhe e-Tiffany kwi-20.00 nganye nganye, nanini na ixesha elikhethayo phakathi kolu suku kunye nokuvalwa kweentengiso ngomhla okhe ukhetha ngawo kule ndlela yokukhetha ukuphelelwa yisikhathi.
Ukutshintshiselwa ukubhala le "nkqubo yomshuwalense" ekhusela umtyalomali ukusuka ekuhlaleni okukhulu kwintengo yezabelo zezinto zegolide, uhlawulela i-$ 5.80 ngesabelo ngasinye. Le ntlawulo ibe yakho eyayihlala ngonaphakade, nokuba ingaba umthengi wenza isivumelwano sakhe, okanye ngamanye amagama, kukunyanzela ukuba uthenge i-stock yakhe.
I-Scenario Illustrated
Kuthetha ukuba uthathe i-$ 29,100 ukuba uza kutyalo-mali kwisitoko ngokuthenga igalelo ngokuthe ngqo kwaye uvumelekile ukuba ubhale umshuwalense omnye umtyalomali okanye "uthengise evulekileyo" ezinye zibeke ikhetho kwii-Tiffany & Co. izabelo ngomhla wokuphela kokuvalwa kwezorhwebo NgoLwesihlanu unyaka ukususela namhlanje, kwi-20.00 yenani lentlawulo. Intengo yesiteleka imela intengo apho umthengi ongakhetha kukho unokukunyanzela ukuba uthenge isitoko kuye.
· Uqhagamshelana nomthengisi wakho kwaye ubeke i-trade for 20 ubeke izivumelwano zokukhetha. Umntu ngamnye ukhetha isivumelwano sekhefu lithetha "i-inshurensi" kwizabelo eziyi-100, ngoko ke iikontraki ezingama-20 zihlanganisa ingqungquthela yee-2,000 izabelo zeTiffany & Co. stock.
· Umzuzwana wezorhwebo, uzakufumana i-$ 11,600 yemali yeenketho zakho, unciphise ikhomishana yomthengisi. Yimali yakho ngonaphakade kwaye ibonisa i-premium enye umtyalo-mali, okanye umthengi okhethiweyo, ukukhokha ukuba umkhusele ekuhlahleni kwexabiso lika-Tiffany.
· Ukuba ixabiso likaTiffany liwela ngaphantsi kweedola ezingama-20 ngeesahlulo phakathi kowoku kunye nomhla wokuphela kokuphela komnyaka, ukukhetha kwakho izivumelwano ezinokuzikhethela kunokufuna ukuba uthenge ama-2,000 izabelo kwi-20 yeesabelo ngasinye kwisabelo sama-40,000. Ngaphezulu, sele ufumene i-$ 11,600 kuma-premium. Unokongeza i-$ 11,600 kwimali engama-29,100 yemali oya kutyalomali kwi-Tiffany & Co. yesitoksi esiqhelekileyo, malunga nama-40,700. Ngenxa yokukhetha okuthengisayo, unayo imali engama-40,000 engama-40,000 ekhethiweyo ekuthengeni umthengi wakho, ukukhupha imali engama-11,600 ngemali efunyenwe kuye, ulingana ne-$ 28,400 eyiyo eyinkunzi eyinkunzi oyifunayo ukuba ufikelele ukufihla intengo yokuthengwa kwempahla xa zikhetho zenziwa. Ukususela ekuqaleni, ufanele uchithe i-$ 29,100 ukuthenga amasheya angamawaka e-Tiffany & Co. kushicilelo, ulungile nale miphumo.
Ngokukhawuleza uthabatha i-$ 40,700 kwaye utyalomali kwi-United States iMithetho yeeMali-mali okanye enye imilinganiselo yemali yemilinganiselo efaniswayo eyenza inzuzo yengeniso ephantsi. Le mali ihlala apho njengendawo yolondolozo kude kube yilapho izivumelwano zokukhetha ziphela.
Kule meko, isitokisi senkampani sihlala sisomelele, umthengi akaze asebenzise iindlela zakhe kunye nokuphela komhla ozayo kwaye uya. Izivumelwano zokukhetha ziphela; a basayikho. Ugcina imali umthengi akuhlawula ngayo "inkokhelo yomshuwalense" ngonaphakade, kwaye ngokukodwa, ngokutshintshela ukubeka i-$ 28,400 ngaphandle kweeNqwelo-mali zonyaka, uhlawulwe imali eyi-11,600 ngemali. Oku kubuyele ukubuyela kwi-capital yakho kwisithuba seminyaka esisodwa seendlela zokukhetha iinkqubo.
Isicwangciso sitshintsho ukuba uMthengi usebenzise iziphumo zakhe
Kwimeko echaseneyo, itsho i-options yakho yomthengi inokuxhalabisa kwixabiso likaTiffany & Co., ikhetho, kwaye ufanele uthenge ama-2,000 amasheya e-Tiffany & Co. stock from him kwi-20 yeesabelo ngasinye ngeendleko ezipheleleyo $ 40,000. Khumbula ke ke ukuba i-$ 28,400 kuphela yemali yayiyi-capital yakho yasekuqaleni kuba i-$ 11,600 ivela kwiiprayimari ezithethwa ngumthengi ongakhetha kukho ngokubhala "i-inshurensi." Oku kuthetha ukuba isiseko sakho sexabiso elifanelekileyo kwisabelo ngasinye siba ngu-14.20 - $ 5.80 premium = i-$ 14.20 ixabiso lentlawulo ngesabelo ngasinye).
Khumbula ukuba uqale uqikelele ukuthenga amasheya angamawaka ka-Tiffany & Co. ngokuthe ngqo kwi-$ 29.10 ngesabelo ngasinye. Ukuba ukwenzile oko, ubuya kuba nelahleko enkulu engaphiliyo kwisitokisi. Kunoko, ngenxa yeendlela ezikhethiweyo, unayo izabelo ezi-2,000 kwixabiso le-14.20 ngesabelo ngasinye. Ekubeni ufuna i-stock, nokuba ucwangcise ukubambelela kwiminyaka eyi-10 okanye engama-20, kwaye bekuya kuba yindawo enkulu yokulahlekelwa phantsi kwayo, kungekhona ukuba unyulile ukubhala ukhetho, ngoku uphelile ngeTiffany & Co Isitoreji owawufunayo, kwi-cost of $ 14.20 ngeendleko kunokuba i-$ 29.10 isiseko seendleko.
IsiPhumo kunye neLizwi Ngengozi
Kwiimeko ezibonakala zingenakwenzeka, inkampani iya kuphazamiseka, ulahlekelwa yinto efanayo nokuba uthenge isitokhi ngqo. Ukuthintela eso siphumo, ukuba umthengi usebenzisa izigqibo zakhe, ufumana isitishi kwixabiso eliphantsi lokunciphisa imali kwaye uya kugcina umdla owenziweyo xa unomali otyalomali kwiiNgcaciso zeeNgcaciso. Olu hlobo lwenzuzo lukhulu kakhulu, njengokuba ulwahlulo oluncinci kwimbuyekezo lungabangela iziphumo ezahlukeneyo zemivuzo ngenxa yexesha ngenxa yamandla okuqulunqa-utyalo-mali ofumana iipesenti ezi-3 ngonyaka ngamnye, ngokwemyinge, iminyaka engaphezu kwama-50 ingaba nama-300 ipesenti ngaphezulu kwemali kunexesha lakhe. Nangona ziqikelele kwaye zingekho ngaphandle kwengozi, ezi ntlobo zentengiselwano zinokunika ithuba lokubuyiswa okuhle njengoko ukunyuka kwemakethi kwanda.
Ukuthetha ngomngcipheko, esi sicwangciso asikhuthazwa naliphi na ke kodwa abatshali-mali abanomdla. Abathengisi nje bafunda indlela yokuthengisa izinto ezinokuthi banxiliswe ngeeriti ezinkulu zemali ezifakwe kwi-akhawunti yabo kwiintlawulo ze-inshurensi ", bengayiqondi yonke imali abayifunayo ukuba bayifumane xa kwenzeka ukuba zonke izinto ezikhethiweyo abazithengisayo zisetyenziswe. Ngeakhawunti ebanzi yokurhweba, wena njengomthengisi unokuba ne-margin eyaneleyo yokuthenga i-share alinjalo, kodwa leyo ingashenxiswa xa kwenzeka omnye ujikelezo lwentengiso. Ngaloo ndlela, uza kufumana ukufumana iifowuni, ukungena ngemvume ukuze ubone umthengisi wakho wayesebenzile iisitishi zakho kwilahleko ezinkulu, kwaye ubonelela ipesenti enkulu yomnatha wakho ukucinywa, kungekho nto ongayenza ngayo.
I-Balance ayinikezeli irhafu, utyalo-mali, iinkonzo zemali kunye neengcebiso. Ulwazi lwenziwa ngaphandle kokuqwalasela iinjongo zotyalo-mali, ukunyamezela ngengozi okanye imeko zezimali kwanoma yimuphi umtyalo-mali othile kwaye angenakufaneleka kubo bonke abatyalo-mali. Ukusebenza kwangaphambili akubonakali kweziphumo ezizayo. Utyalo-mali luquka ubungozi kubandakanya ukulahlekelwa kwinqununu.