Ukuqonda ukuba Yintoni eyenza i-Convertible ekhethiweyo ekhethiweyo
Kukho imeko kunye neemeko ezinokuthi ungene kuyo ukuba uthathe isigqibo sokwenza imali kwizinto ezincinci eziqapheleyo, kwaye zixubushe, iziqinisekiso, kodwa enye yezona zinto ezikhethiweyo neziqhelekileyo zeempahla ezikhethiweyo zibizwa ngokuba yi-stock preferred stock.
Iimpahla ezikhethiweyo ngamanye amaxesha zinamaLungelo okuguqulwa okuKhethekileyo
Kungabonakala kukudideka kubatyalomali abatsha, kodwa kubalulekile ukuba uqonde ukuba ezinye izitokhwe ezikhethiweyo zinokuba namalungelo okuguqula. Xa oko kwenzeka, abantu baseWall Street babhekisela kulezi ziqinisekiso njengempahla ekhethiweyo ekhethiweyo okanye okukhethiweyo. Oko kuthetha ukuba, ngezinye iinkalo kwixesha elizayo, nokuba kukho ukhetho lwakho, kwindlela yokukhetha yeBhodi yabaLawuli , okanye ngosuku olumiselwe ngaphambili, inkampani inokuguqula yonke isitorethi sakho esikhethiweyo ibe yizabelo ezikhoyo. Ukuqonda ngokuchanekileyo imimiselo kunye neemeko zaloo guqulo kunokuthetha ukuba umehluko phakathi kweenzuzo ezinkulu okanye ukulahlekelwa kakubi.
Umzekelo weSitokethi ekhethiweyo eguquguqukayo
Cinga ukuba ufunde ngeemeko kunye neemeko zokhuseleko oluthethiweyo kwaye uthenge amasheya angama-100 ekhethiweyo ekhethiweyo kwi-bhanki ye-XYZ. Isitokhethi esikhethiweyo sihlawula i-$ 500 ngesabelo ngasinye, ngoko utyalo-mali lwakho luyi-$ 50,000. Leli qela lekhefu elikhethiweyo lihlawula i-25 yerhafu ngesabelo ngasinye ngonyaka kwizabelo, ezisebenza kwisivuno se-5%.
Kwakhona unelungelo lokuguqulwa elikhethekileyo, elithetha ukuba unokuguqula isabelo ngasinye sendawo ekhethiweyo ibe ngamasheya angama-50 esitokweni esifanayo.
Cinga ngaloo nto ngomzuzwana. Isitoreli sakho esikhethiweyo se-$ 500 ngesabelo ngasinye sikuhlawula i-$ 25 ngonyaka kwizabelo, okanye isivuno se-5%, kodwa ufumana ithikithi yelotothi ekuvumela ukuba uthengise kwisitokthi sakho esikhethiweyo kwaye uyitshintshele ama-50 amasheya afanayo. Oko kuthetha ukuba "iindleko" zokuguqula eziqhelekileyo yi-$ 10 ngesabelo ngasinye (i-stock $ 500 ekhethiweyo ehlulwe ngamasheya angama-50 esesitokweni esifanayo = iindleko eziyi-10 ngeyure ngalinye kwisiganeko sokuguqulwa).
Ukuba isitoksi esifanayo singaphantsi kwe-$ 10, amalungelo akho aguqulwayo aguqulwayo awanelanga. Ukuba isitokisi esifanayo si-$ 10 okanye ngaphezulu, amalungelo akho okuguqula angaba yi-goldmine ngokupheleleyo. Umzekeliso unokunceda.
Ukuba uvuka kwaye isisitye esilinganayo i-$ 7, awuyi kufuna ukusebenzisa ilungelo lakho lokuguqula elikuvumela ukuba utshintshise izabelo zakho eziyi-100 zeempahla ezikhethiweyo zee-5,000 izabelo ezifanayo (ekubeni isabelo ngasinye sokukhetha singatshintshaniswa kwizabelo ezingama-50 eziqhelekileyo, okanye izabelo eziyi-100 ezikhethiweyo x 50 izabelo eziqhelekileyo = izabelo eziqhelekileyo ezi-5,000). Oku kuya kukushiya ngee-5,000 izabelo eziqhelekileyo kwi-7 ngeesabelo ngasinye, okanye i-$ 35,000. Oku kulahlekelwa yi-$ 15,000 kwi-investor yakho yasekuqaleni ye-stock ekhethiweyo kwi-$ 50,000, kunye kunye awuyi kufumana isabelo sakho se-stock preference, kwakhona!
Cinga i-XYZ Bank yenza isimemezelo kunye nesitokhwe esifanelekileyo ukuya kwii-30 ngeesabelo ngasinye. Uza kuthatha iisabelo zakho eziyi-100 zezitokhethi ezikhethiweyo uze uziguqule kwizabelo ezingama-50 zesitokhwe esifanayo nganye kwii-5,000 izabelo zesitokisi esifanayo. Ungathengisa ngokukhawuleza isitokthi sakho esifanayo kwi-150,000 ye $ 150,000 ngenxa yexabiso leemali zerhwebo ngemali engama-30,000,000 = $ 150,000. Iindleko zakho kwakuyi-$ 50,000 kuphela xa uthengile ukuguqulwa okukhethiweyo, ngoko ulandele imali yakho, kwaye uqokelele igalelo kude kube ixesha osebenzisa amalungelo okuguqula. Ngoku uyabona ukuba kutheni ukuqonda imigaqo yeengxenye zakho ezikhethiweyo eziguqulwayo kubaluleke kakhulu.