Ngaliphi ixesha elifanelekileyo lokutshala imali kwi-Index Funds vs Value and Growth?
Iinkcazo zexabiso, ukukhula kunye neenkomfa ze-Stock Stock
- Ixabiso leempahla ezixhaswa ngemali ngokubanzi lutyalo-mali kwiimpahla zentengo , eziyi-stocks ezithengiswa ngumtyalomali kwixabiso elincinane ngokumalunga nemali yokufumana okanye ezinye izilinganiso ezixabisekileyo.
- Ulwabiwo-mali lwentlalo yokukhula ngokubanzi lutyalo-mali kwiimpahla ezikhulayo , ezithengiswayo kwiinkampani ezilindeleke ukuba zikhule ngokukhawuleza ngokumalunga ne- stock market .
- Iimali zengxowa-mali zenzalo zifuna ukulinganisa ukunyuka kwentengo yesalathisi esithile, okuyi-sampling yamasheya okanye iibhonkthi ezimele icandelo elithile lemarike yemali. Umzekelo, i-Standard & Poor's 500 (i- S & P 500 ), isalathisi esimele malunga nama-500 ezinkampani ezinkulu zase-US (i-stock-caps), njenge-Wal-Mart, iMicrosoft kunye ne-Exxon Mobil. Eli nqaku liza kuphinda lihlalutye i- S & P Midcap 400 (i -stock-caps stocks ) kunye no- Russell 2000 (i-stock-cap stocks).
Ingxabano: Amanqanaba kunye nokuthelekiswa kwexabiso kunye nokukhula
Akungabazeki ukuba izitokhwe zenani eliqhelekileyo liqhuba ngcono kunokwanda kwamashishini athile kunye nezoqoqosho kunye nokuba ukukhula kuqhuba ngcono kunexabiso kunezinye. Nangona kunjalo, akukho mbuzo ukuba abalandeli bobabini iinkampu - ixabiso kunye neenjongo zokukhula-bazama ukufezekisa umphumo ofanayo- ukubuyisela okupheleleyo kunomtyalo -mali.
Kunjengeentlukwano phakathi kweengcamango zezombusazwe, zombini amaqela afuna umphumo ofanayo kodwa abavumelani nje nendlela yokufezekisa loo mphumo (kwaye bahlala bephikisana namacala abo njengabangobupolitika)!
Ixabiso labatyalomali likholelwa indlela efanelekileyo yokubuyela kwimbuyekezo, phakathi kwezinye izinto, ukufumana amasheya athengisa kwisaphulelo; bafuna i-P / E neeRatios eziphantsi kunye nezivuno eziphezulu .
Utyalo-mali abatyhulayo bakholelwa indlela eyona ndlela ephezulu yokubuyisela, phakathi kwezinye izinto, ukufumana izitokisi ezinomlinganiselo onamandla ohambelana; Bafuna iqondo lokukhula lokufumana imali ephezulu kunye negalelo elincinci.
Ixabiso ngokuKhula: I-Perspective on Returns
Kubalulekile ukuba uqaphele ukuba ukubuyiswa kwamaxabiso okubaluleka kubandakanya kokubili ukufumana inzuzo kwimali yamasheya kunye nezihlawulelo, kanti abatyalo-mali bezityalo kufuneka bathembele kuphela kwi- capital gain (xabiso xabiso) kuba izikolo zokukhula azivami ukuvelisa izabelo. Ngamazwi ahlukeneyo, abatshali-mali baxabisa inqanaba elithile "lokuxhomekeka" ngenxa yokuba izabelo zithembeke ngokuthe tye, kodwa abatyala-mali bekhula ngokunyanisekileyo (ukunyuka kwamanani kunye nokuhla kwexabiso).
Ukongezelela, umtyalo-mali makangqaphele ukuba, ngokwemvelo, iimali zeemali, njengeebhanki kunye nenkampani zomshuwalense, zimelela inxalenye enkulu yexabiso eliqhelekileyo lemali-mali yokubambisana ne-fund. Ukugqithisa ngokugqithiseleyo kunokuthatha umngcipheko omkhulu kumarhwebo kunokukhutshwa kweempahla ngexesha lokufuduka. Ngokomzekelo, ngexesha lokuKhulelwa koMkhulu , kwaye ngoku kutshintshwa kweNkundla enkulu ka-2007 kunye no-2008, iimpahla zezemali zafumana ilahleko ezinkulu kwixabiso kuneliphi na icandelo .
Iimali zeeNgxowa zixhatshaza njani kwixabiso kunye nokukhula
Iingxowa zemali zengxowa-mali ziqhelaniswe kwiinjongo ezinkulu ze- " Blend " okanye uluhlu lweemali ezihlangeneyo ngenxa yokuba ziquka umxube wezinto zombini kunye nokukhula kwempahla.
Isalathisi-mali ngokuqhelekileyo sikhetha indlela yokutyalomali yokutshala imali , okuthi bangakholelwa uphando kunye nohlalutyo olufunekayo ukutyalomali olusebenzayo (akukho xabiso, okanye ukukhula ngokuzimeleyo) kuya kuvelisa ukubuya okuphezulu okuqhubekayo okuphakamileyo kunokuba kulula, Inkcazo yeendleko eziphantsi . Utyalo-mali abatyala nabo bangakholelwa ukuba ukudibanisa kokubaluleka kunye nokukhula kweempawu kungabandakanya umphumo omkhulu - "inye enye kunye neyesithathu". imizamo engaphantsi).
Izithatha eziphambili ezivela kwiNgxelo yeNtsebenzo yexabiso, i-Growth ne-Index Fund
Ezi ngongoma ezifanele ukuphawula kwimisebenzi yembali yemali yexabiso, iimali zokukhula kunye neenkcukacha zezimali.
- Izitokhwe zokukhula zivame ukwenza okulungileyo kunyaka ophelileyo lomjikelezo wezoshishino, ngaphambi kokuba uqoqosho luqale.
- Ukukhula kuthatha ukulahlekelwa kokubaluleka kokubaluleka kunye neenkcukacha xa imarike yeebhere iguqulwa ngokugcwele.
- Andiyinconyisisi ixesha lokuthengisa kodwa ixesha elifanelekileyo lokutshala imali kwimigodi yokukhula ngokuqhelekileyo xa amaxesha amnandi ngexesha lokugqibela (ezivuthiwe) kumjikelo wezoqoqosho .
- Iimali zekhompyutheni aziqhelekanga zilawula ukusebenza komnyaka owodwa kodwa zithatha ukukhupha ukukhula nokuxabisa ixesha elide, njengamaxesha angama-10 eminyaka.
- Xa inkcazo iphumelela, iyanqoba ngepembelelo elincinci yamasheya amakhulu kwipokothi kodwa ngegama elibanzi phakathi kwendawo yokuhamba kunye neendawo ezincinci . Oku kuncinci kubangelwa ukuba ixabiso leemali liphezulu (kwaye ke iifayile ziphantsi) kwiimali ezilawulwa ngentsingiselo ezimele ukukhula kunye nexabiso. Olu hlobo lwentsebenzo lwentsebenzo yesikhokelo esiphakathi kunye namacandelo amancinci amancinci lukwabalulekileyo kuba abatyala-mali abaninzi bakholelwa ngokuchaseneyo-ukuba imali elawulwa ngokunyanisekileyo (ingabonakaliyo) ibhetele kwi-cap-cap kunye ne-stock-cap-stocks kodwa utyalo-mali oluthile ) kukulungele iifowuni ezinkulu . Ukufumana okungakumbi kweli nqaku, khangela i- Hypothesis esebenzayo ye-Market (EMH) .
- Ukukhula okanye ukuxabisa abatyalo-mali abanokubangela ukunqoba ngokuthe ngqo kwimbali yokusebenza yangaphambili. Nangona kunjalo, utyalo-mali abatyala banokuthi banokuthi bangabi ngabaqhubi abaphezulu kodwa bahlala bengababi kakhulu ngexesha lexesha. Ngoko ke, banokuba nethemba ekufumaneni ubuncinane ubuyiselo bembuyekezo kumyinge ongaphantsi kwe-average-level of market market due to diversification and low cost.
Ukuziphendulela: Ulwazi olukule ndawo lunikezelwa ngeenjongo zengxoxo kuphela, kwaye akufanele lichazwe ngokungeniswa njengeengcebiso zotyalo-mali. Ngaphandle kweemeko ngaba le nkcazelo ibonisa isincomo sokuthenga okanye ukuthengisa iziqinisekiso.