Ingakanani ingxenye yesine yokutshalwa kwezimali kwesitoko: irekhodi lokwehla kwamandla emali, amanani enzalo akhuphukayo, imakethe yebhere, ukungezwani okuqhubekayo kwezwe, inkinga yokutshala imali ye-cryptocurrency, nokunye okuningi. Njengoba izinkampani ziqala ukusitshela ukuthi zenze kanjani, sizokwazi ukubona ukuthi amathuba amakhulu afihlwe kuphi.
Yini abahlaziyi abalindele yona mayelana nokutshala imali esitokweni?樂
Abahlaziyi balindele ukuthi imali engenayo ye -S&P 500 yekota yesibili ibe ngaphezulu ngo-4,3% kunangesikhathi esifanayo ngonyaka odlule. Uma beqinisile, lokhu kungaba ukukhula kwemali engenayo okuphansi kakhulu kusukela kwikota yesine ka-2020. Kodwa kusekhona ukukhula okusazotholakala. Kungaba phezulu kakhulu embonini yamandla , lapho imali engenayo kulindeleke ukuthi ibe phezulu ngo -215% kunangesikhathi esifanayo ngonyaka odlule, nakuba lokhu kungase kungabi isimanga uma kubhekwa izimo zamanani kawoyela kulo nyaka. Ukukhula kwemali engenayo okulindelwe kokutshalwa kwezimali ezitokisini zezimboni (27%), izinkampani zezinto zokwakha (14%), kanye nezinkampani zezindlu (11%) kuphansi uma kuqhathaniswa, kodwa kufanelekile ukukucabanga. Ukwehla okukhulu kwemali engenayo kuvela ekutshalweni kwezimali ezitokisini (-21%), izinsiza (-10%), futhi, njengakwikota yokugcina, izinkampani ezikhetha abathengi (-3%), njengoba ukwehla okukhulu kwamandla emali kuphoqa abathengi ukuthi baqinise amabhande abo.
I-S6P 500 yokukhula kwemali engenayo ngomkhakha. Umthombo: FactSet
Yimaphi amathuba okutshalwa kwezimali kwesitoko?類
Isu elilula okufanele silisebenzise kungaba ukukhulisa kakhulu ukutshalwa kwezimali kwethu kwe-equity e-US emikhakheni ekhula kakhulu ngenzuzo kanye nemikhiqizo engaphansi kwesisindo (noma ukugwema ngokuphelele) imikhakha lapho imali engenayo kulindeleke ukuthi yehle khona. Singasebenzisa leli qhinga ngokubheka ukusebenza kwentengo yesitoko kwakamuva kanye nokuqondiswa kwezibikezelo zenzuzo. Amasheya e-energy ase-US , isibonelo, ehle ngesilinganiso esingu-6% phakathi nekota yokugcina (yize ekhuphuke ngo-32% kulo nyaka). Kodwa-ke, izibikezelo zabahlaziyi zokukhula kwekota yesibili zikhuphuke zisuka ku-137% zaya ku-215%. Lokho kusho ukuthi kungaba nethuba uma lawo masheya engahlangabezana noma edlula okulindelwe.
Ukutshala imali esitokweni samandla kusebenze kahle unyaka wonke. Umthombo: Bloomberg
Ingabe leli su lingasetshenziswa kweminye imikhakha yokutshalwa kwezimali kwesitoko?里
Singasebenzisa isu elifanayo kweminye imikhakha ebalulekile. Ukwehla ngo-16% kokutshalwa kwezimali kumasheya omkhakha wezimboni kwikota yokugcina, kanye nokwenyuka okuncane kwezibikezelo zokukhula kwemali engenayo, kuveza isimo esingase sikhange kule sizini yemali engenayo. Ukutshalwa kwezimali kumasheya ezinto zokwakha kwehle ngo-17% kwikota yokugcina, kodwa okulindelwe ukukhula kwemali engenayo kuphindwe kabili ezinyangeni ezintathu ezedlule, okwenza kube ithuba lokutshalwa kwezimali emasheya okungenzeka likhange. Ukutshalwa kwezimali kumasheya ezindlu mhlawumbe akuthandeki kakhulu: ukwehla kwayo ngo-17% kwikota yokugcina akuzange kuhambisane noshintsho olukhulu ezibikezelweni zokukhula kwemali engenayo.
Ukuhluka kwentengo yokutshalwa kwezimali kumasheya ezinkampani ezisembonini yezindlu nezindlu. Umthombo: Fortune
Le mikhakha ibonisa isilinganiso sezinkampani eziningi ezahlukene. Singase sifune ukusebenzisa le ndlela ekutshaleni imali kumasheya ngamanye asithakaselayo. Isibonelo, inkampani enkulu kawoyela i- Exxon : amasheya ayo akhuphuke cishe ngo-5% kwikota edlule, kodwa ukubikezela kwayo kwenzuzo kwikota yesibili kukhule ngo-28%. Manje, ake sihlukanise lokhu ngo-28% ngo-4 ukuze sinikeze isilinganiso senzuzo yonyaka wonke. Uma singanaki amakota amabili alandelayo, sibona ukwanda ngo-7% kwenzuzo uma kuqhathaniswa nokwanda ngo-5% kwintengo yamasheya. Zonke izinto zilingana, lokhu kubonakala kulinganisela kahle. Ngakho-ke, uma sifuna imibono yokutshala imali kumasheya ngamanye emkhakheni wamandla kule sizini yenzuzo, kungcono sibheke kwenye indawo.
Ukuqhathaniswa kwemiphumela ye-Exxon Mobil. Umthombo: Exxon Mobil
Ukuze uzenzele lokhu ngokwakho, ungasebenzisa ithuluzi lamahhala njengeKoyfin , elilandelela ukusebenza kwentengo yamasheya enkampani noma embonini bese liqhathanisa nezibikezelo zenzuzo. Mane nje useshe okukuthandayo kubha yokusesha, bese usebenzisa uchungechunge lwezibalo ukuze uthole amathuba amasha.