Ngaba iiNgxowa-mali ezixhaswayo eziThengisiweyo ziTyala olufanelekileyo?
Ulwalamano phakathi koTywala kunye noMvuzo
Njengoko ngokuqhelekileyo kwimeko yazo zonke iityalo-mali, ukuxhotyiswa kwemivuzo emikhulu kubangela ingozi eyongeziweyo. Njengoko igama libonisa, iimali zesikhonkco ezixhaswe ngemali ziyimali ezijongene nembuyekezo yazo ngokusebenzisa imali ebolekileyo kunye / okanye i-derivatives ukuphindaphinda iindleko zokutshala imali. Isixa-mali esixhaswe ngamathathu amaxesha angama-100M kwiimpahla ezivela kubalimi-mali, umzekelo, unokuboleka enye i-200M ye-200M ngokuchasene nenkunzi yabanini-zimali kwaye usebenzise imali leyo eboleweyo ukuthenga izibophelelo ezingakumbi egameni labo abatyali-mali, ukuhlawulwa kwee-tripling, kodwa kunye nokulahlekelwa kwabo .
Ngomnye umzekelo, cinga ukuba i- US Treasury iyabuya i-1%, i-Fund ye-Treasury ephindwe kathathu (okanye i-3x) ibuyele i-3%. Ngokufanayo, ukuhla kwe-3% kwintengo yebhondi kwi-3X ye-bond bond bond ivelisa ukulahleka kwe-9%.
Njengomzekelo wengozi ekhoyo kunye nokunyanzeliswa kwemisebenzi, qwalasela isenzo kwi-ETS (i-ticker: UBT) ye-ProShares ye-20+ ngonyaka ekwindla ka-2011.
Kususela kwixabiso lokuvala lika-105.25 ngo-Agasti 31, le ngxowa yaya kwi $ 140.52 ngo-Oktobha 3 waza yaya kwi $ 111.38 ngo-Oktobha 27-ukulahleka kwama-20.7% kwiintsuku ezili-18 zorhwebo. Ngaphambi kokuthenga umkhiqizo oqiniweyo, hlalutya ukunyamezela kwakho kwingozi ukuba ubone ukuba unokumelana nolu hlobo lokungaxhamli.
IiNgxowa zeBond ezingenayo
Iingxowa-mali ezibophelelweyo ezikhethiweyo aziyiyo kuphela indlela ekhethiweyo yokutyalomali abatyala imali.
Kukho nemveliso yokuthengiswa kwebhanki edibeneyo ye-bond (ETPs) ekubethelwa kumakethi. Ezinye zee-ETP ziphindwe kabini kunye nezihlandlo ezintathu, ngaphandle kokuba zihamba ngendlela echaseneyo nezibophelelo zokubaluleka kwaye zifuna ukumela ithuba lokuba abatyalo-mali bazuze inzuzo ekukhuleni kwamazinga. Nangona kunjalo, banikezela ingozi efana neyezinye izibophelelo eziphezulu.
Ngaba abaTyalo-mali bawaqondi kakuhle iiNgxowa-mali zeBond?
Kungakhathaliseki ukuba yintoni injongo yangaphambili yeengxowa-mali ezibekelweyo - ngamanye amaxesha kuthiwa zenzelwe kuphela izicwangciso zorhwebo ezifutshane-mali ngabasomali-zimali abaxhamlileyo-abaye batyekela kakhulu kubafakeli-ntengiso, abathi ngezinye iinkxaso bazibandakanya njengotyalo-mali olude.
Iimpawu kwiimali ezibophelelweyo ekubhekiseleleni nasekusebenziseni oku kulandelwayo kweziphumo ezibuyisiwe ziphazamise i-International Monetary Fund (i-IMF), eyapapasha iphepha eliphambili ekuqaleni kwe-2016 kwingozi ekhulayo. Leli phepha liye laphawula ukuba akubona kuphela abaphathi beemali zebhanki ezibhalwe "eziqingqiweyo" eziqeshisayo. Inani elikhulayo leemali ezibhekiselele kwi-vanilla bond lisebenzisa izixhobo ezivela kwiimveliso. Lo mkhuba, i-IMF iphawule, ibonisa umngcipheko ofihliweyo kubasomali abaqhelekileyo.
Abatyalomali kufuneka baqaphele ukuba iimali ezimbini kunye nezihlandlo ezintathu ezixhasayo zibonelela ngokubaluleka kokusebenza kwintsuku enye .
Ngethuba lexesha, umphumo wendlela yokuqulunqa ukuba abatyali-mali abayi kubona ukusebenza okwakubini okanye kathathu ukusebenza kwezibophelelo eziphantsi. Enyanisweni, ixesha elide ixesha elide, ukugqithisa okukhulu phakathi kokubuyiselwa kwangempela nokulindelekileyo. Esinye isizathu esibalulekileyo sokuba iimali ezifakwe kwiimali ezixhatshaziweyo akufanele ziqwalaselwe ngotyalo-mali olude.
Ngemali 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.