Iyiphi iSahlulo seSahlulo sokuTyala?

Isingeniso esisisiseko kubaTshali-mali abatsha

Xa uqala ukutshala imali kwisitokisi , ngolunye usuku uza kudibana nento eyaziwa ngokuba yi-stock division. Abatshali-mali abatsha nabangenamava badla ngokuphosakeleyo bakholelwa ukuba ukuhlukana kwempahla yinto ebonakalayo yinto entle kunye nabo ngokwabo, njengokungathi isitokheji esahlukaniswa yedwa ngandlela-thile yenza ukuba ibe yimpumelelo. Isahlulo sempahla asikho nje ukuthengiswa kweengxelo ezenzelwe ukwenza ixabiso lokuthengisa elikhethiweyo lamasheya angaphezulu.

Kwimeko yento efana nokwahlukana kwe-2-for-1, iyanceda ngokukhawuleza ukuhamba ebhankini kunye nokutshintshwa kwe-bill ye-$ 20 yeebhilidi ezimbini ze-10. Usenalo kanye okwenzileyo ngaphambi kokuba kwenzeke naphezu kokuba ulinganiswa ngokuhlukileyo. Nantsi ingqungquthela yeso sabelo esahlukileyo, ukuba kwenzeka njani, yintoni injongo ekujoliswe kuyo ukukhonza, kunye nendlela ofanele uvakalelwe ngayo.

Iyiphi iSahlulo seSahlulo?

Xa i-equity corporation equity equity division is divided into pieces, ezi ziqwenga ziyaziwa njengezabelo zesitoktho esifanayo . Makhe sicinge ukuba uqala ukuma kwe-lemonade. Uhlawulela ishishini ngokufumana inkampani yakho esanda kuqulunqwa yeshishini eyi-100 yesitokethi i-$ 100 ngesabelo ngasinye. Oku kunika i-$ 10,000 kwi-capital-start-up: inkunzi esetyenziselwa ukuthenga izithako, ukuqeshisa isikhala esincinane kwindawo yokuthengisa, uhlawule umqondiso kwaye uqeshe umsebenzi wakho wokuqala.

Ukuma kwakho kwe-lemonade kusebenza kakuhle, kwaye kungekudala, uwandise ibe ngumgca wezithelo zerayisi.

Uvula indawo eyongezelelweyo. Uyawunqumla umqondo kwaye ngokukhawuleza uqokelela iimbopheleleko kwiinjini zeeyunithi kuwo wonke umhlaba. Kwiminyaka elishumi kamva, ufumana inkampani yakho eyenza imali engenayo ye-$ 1,000,000 ngonyaka. Kwizinga elilinganiselweyo lokulinganisa, kunye nokukhula kwakho kwangoku, unokufumana i-$ 12,000,000 kufuneka uzimisele ukuyithengisa.

Awuzange ukhange isitoreji esongezelelweyo kangangokuba ngasinye sazo zahlulo eziyi-100, ezimele u-1/100 ubunikazi boshishini, okanye iipesenti ezi-1, zixabisa i-$ 120,000 nangona i-$ 100 eyokuqala ehlawulwa-inkunzi kunye nenkunzi eyinxalenye engaphezu kwayo .

Unabantwana abathathu ofuna ukufumana izabelo zesipho; Nangona kunjalo, awufuni ukunika ngamnye isabelo esigcwele i-$ 120,000, ngenxalenye yokuba iya kudlulela isibonelelo sokukhutshwa kwentela yesipho sonyaka . Kunoko, ubiza intlanganiso yebhodi yabalawuli kunye nokugqiba ukuvakalisa isahlulo se-10-for-1. Ngokwenene, iqumrhu linquma ukuhlula ngokwahlukileyo kwaye lithumelele izabelo ezitsha zikhutshwe njengoluhlobo lwezabelo ezikhethekileyo kubanikazi abakhona ngokulingana nobunini babo. Ngethuba le nto yenziwe, ngokuba ngamnye ulwabela wena ngaphambi kokuba isahlulo sakwahlukane, uya kuba neengxenye ezili-10 emva kwesahlulo sokuhlulwa (ngoko ke inxalenye ye "10-for-1"). Kule meko, uza kufumana izatifikethi zoshishino ezitsha ngokutsha kwizabelo ezintsha eziyi-900, ukuzisa inani lakho kwiimali ezi-1 000, ezimele ipesenti eziyi-100 zesitokisi esiseleyo.

Ibhishini lisafanele i-$ 12,000,000. Nangona kunjalo, ikwahlula ngamawaka angamawaka. Oko kuthetha ukuba isabelo ngasinye sixabise i-1 / 1,000th yenkampani, okanye i-0.10 iphesenti, esebenza kwi $ 12,000.

Intlawulo yesabelo ngasinye esikhokhelwa kwiinkunzi kunye nenkunzi eyinkunzi ngaphezu kwexabiso eliyimali eyi-$ 10, ekubeni loo nto iguquliwe, nayo.

Isipho esinye isabelo se-post-split ukuya kubantwana bakho aba-5, ukugcina ezinye iikopi ezingu-995.

Iinkampani ezithengiweyo zikarhulumente, kuquka iibhiliyoni ezili-dollar ze- blue chip stocks , yenza njalo ngeli xesha. Amafemu akhula ngexabiso ngenxa yokuthenga, ukuveliswa kwemveliso emitsha kunye nokuthengwa kwamashishini . Ngesinye isikhathi, ixabiso lentengiso elicatshulwayo lesitokhi liba xabisa kakhulu ukuba abatyali-mali bafumane, okuqala ukuchaphazela ukuthengiswa kwemarike njengoko kunabantu abambalwa nabancinci abakwazi ukuthenga isabelo.

Umzekelo ogqithiseleyo kwimbali yinkampani ye-Warren Buffett, iBerkshire Hathaway. Xa uBuffett eqala ukuthenga isitokethi ukuba abuye abuyele kwiminyaka yama-1960, wahlawula i-$ 8 okanye ngaphantsi kwezinye izabelo zakhe.

Akazange ahlule isitokisi. Kunyaka odlulileyo, ezo zabelo ziye zathengisa phakathi kweerandi ezingama-186,900 kunye ne-$ 227,450 nganye, ngaphandle kommandla wabaninzi-mali be-United States kwaye, ngokwenene, ihlabathi. Kunoko, ekugqibeleni wadala izabelo ezikhethekileyo zeKlasi B waza wabiza iAngles A.

Lo ngumzekelo wesakhiwo sesibini . Izabelo ze-B ekuqaleni zaqala ngo-1/30 wexabiso le-Class A (ungaba uguqula amasheya e-Class A kwizabelo zeBakala B kodwa kungenjalo nangenye indlela). Ekugqibeleni, xa iBerkshire Hathaway ithola enye yeendlela ezikulo lonke uhlanga, iBurlington Northern Santa Fe, yahlula amasheya e-Class B 50-to-1 ukuze isabelo ngasinye seCandelo B ngoku sichaza i-1 / 1,500 yeengxenye ze-Class A. Izabelo ze-Class A zinamalungelo okuvota, izabelo zeBakala B azikho.

Iinkampani zinokuhlukanisa isitishi sabo malunga naluphi na umlinganiselo weemathematika abawufunayo. Uhlobo oluqhelekileyo lwesahlulo se-stock ulwahlulo lwe-2-for-1, nangona ezinye iifomula zisetyenziselwa ukuhlukaniswa kwesahluko se-3-for-1, ukwahlukaniswa kwesahluko se-2 ukuya kwe-3 kunye nesahlulo se-10 ukuya kwe-1.

Ziziphi ezinye izizathu zokuSahlukana kweSitokisi?

Ngaphandle kwesahlulo ngasinye sokubiza esinokuxubusha, kukho iindawo ezincinci zezinye izibonelelo zokuhlukana kwempahla, kubandakanywa ukunyuka kwexabiso elikhankanywe ngasentla (okunye ukwabiwa kunye nokuthengiswa kwiimarike ukuze abatyali-mali bakwazi ukwandisa okanye ukunciphisa isikhundla sabo ngaphandle kokuba ulinde ixesha elide okanye ufumana ibhanti enkulu kwaye ubuze ukusasazeka).

Into ebalulekileyo ukuyiqonda kukuba isitokheji sahlula ngokwawo ayinakukwenza, umnini wesitokisi esifanelekileyo, naluphi na ocebileyo. Usenayo ipesenti efanayo yenkampani oyenzayo ngaphambili - ukuchithwa okufanayo kwintengiso kunye neenzuzo .

Abaninzi abanotyeli-mali abanokungazi kakuhle bakholelwa ukuba ukuhlulwa kwempahla yinto elungileyo kukuba bahlala bephutha ukulungiswa kunye nokubangela. Xa inkampani yenza kakuhle, isahlulo sempahla sisoloko sinokungenakwenzeka njengoko kubaluleka kwencwadi kunye nezihlawulelo zikhula . Ukuba umntu ubona okanye uva malunga nelo phethane ngokukhawulezileyo, abo babini banokudibaniswa kwingqondo.

Iyintoni i-Reverse Stock Split?

Kuninzi kakhulu, kwaye phantse kwenzeka njalo ngenxa yenhlekelele okanye ukulwa nomashishini ukuze ugweme ukuxoswa kwi -stock exchange exchange Injongo kukuphakamisa ixabiso lentetho yesabelo ngasinye.