Kushandisa Imari Yakakwereta Kutenga Zvitoro Zvako Isanga Rakatasuka Kaviri
Inobvumira vanhu nemasangano vachida kuva nehasha zvekutsvaga zvikamu zvekambani kupfuura zvavanokwanisa kuwana. Kana zvinhu zvichienda kumaodzanyemba, zvinogona kuva zvakashata zvakanyanya, zvakanyatsokurumidza, kunyange kutungamirira kumunhu wega kana kuti kubhadhara mari.
Ngozi dzekutenga zvikwereti pamuganhu
Munguva yakapfuura, ndakashandisa zviitiko zvehupenyu-chaihwo kuti ndiratidze kuti zvinotyisa sei migumisiro yekutenga mishonga mumuganhu inogona kuva. Mumwe murume, Joe Campbell, akapepuka kuti azviwanire $ 106,445.56 mune chikwereti kumutengesi wake nemhaka yemuganhu wakatarisana naye. Vakawanda, vamwe vakawanda vakarasikirwa nezvose pavanenge vachinge vachinge vachinge vachinge vachinge vaine zvikwereti, vamwe vachishandisa chikwereti chemajeri, vachitenga zvikwereti kupfuura zvavaikwanisika nekambani inonzi GT Advanced Technologies, iyo yakashungurudzwa. Nhoroondo dzose dzekurega basa dzakabviswa uye vamwe vatengesi vakataura nezvekufunga nezvekuzviuraya.
Kuti uise pamusoro payo, kana ukazarura nhoroondo yejeri, panzvimbo yekuti inonzi mari yekodha, unotanga chimwe chinhu chinonzi rehypothecation ngozi .
Kana nyika yezvemari ikamboromoka, zvakare, iyo zvisingatongobvumirwi, iwe ungasaziva kuti iwe wakafumura zvakawanda zvehupfumi hwako kupfuura iwe waiziva kurasikirwa asiri yako.
Pane pasina chikonzero chekupinda muupenyu huno. Ndinonzwa zvakasimba pamusoro pacho kuti chimwe chezvinhu zvokutanga zvandakaita kana ndikagara pasi uye ndichigadzirira boka rose rekutengeserana kwemafasi mhuri yangu iri kutanga kuisanganisira mumatongerwo emitemo yemakambani edu ega.
Kennon-Green & Co. chete inoshandisa mari mumari maakaita semari chikwereti hachigamuchiri kana kukodzera kunze kwekune zvishoma zvedambudziko zvishoma zvakadai seyakagadzirirwa njodzi arbitrage zvinyorwa, izvo chaizvoizvo hazvina kukodzera kuti vashandi vatsva vadzidzise kudzidzisa ivo pachavo portfolio. Handina hanya kana iyo inogona kupa mari yakakwirira yekusimudzira. Handina hanya kana mutengi achida. Handizvo zvatinoita. Izvi zvingaita sokuti zvakangoita zvekare-kare asi kune dzimwe njodzi dzandinotenda dzisingabatsiri. Margin imwe yeiyo.
Nezvose izvi zvakati, kana iwe uchiri kusakanganiswa pamusoro pemuganhu, uye iwe unoda kushandisa chikwereti chemajeri mumapatotiko ako, ramba uchiverenga. Mune zvimwe zvose zvenyaya yacho, ini ndichatsanangura zvimwe zvezvinyorwa zvekuti zvinoshanda sei kupa izvo, ini ndinotarisira, ndiko kunzwisisa kwakanakisisa kwema mechanics inobatanidzwa.
The Definition of Margin
Muchirevo chinonyanya kukosha, kutengesa pamuganhu kunonyanya kuisa mari nevakakwereta mari. Kazhinji inoshanda sei ndeyokuti imba yako yekutengeserana inokwereta mari padombo-pasi parizvino inotendeuka uye inokweretesa kwauri zvishoma (kunyange zvakadaro ichiri nyore kutengesa), ichikufambisa mari kutenga mamwe mashizha - kana chero ipi zvayo yakachengetedzwa yakakodzera iwe unoda - kupfuura mari yako chete inokubvumira kutenga.
Kana, ndinofungidzira, kana iwe uri kunyatsofunga, kutengesa pfupi .
Zvinhu zvose zviri muakaunti yako, pamwe chete nehutano hwako, hunoitwa sevimbiso yokuti iwe ucharipa chikwereti chacho zvisinei nokuti chii chinoitika munyaya yekutengesa pachayo. Kunyangwe kana nhoroondo yacho ichikwira, iwe uri pachigamba chemari pakarepo. Hapana chirongwa chekubhadhara. Hapana nhaurirano yekutaurirana. Kana iwe usingabhadhari, mutengesi anogona kukuendesa kudare kuti atange kutora mvumo yekubata mamwe maitiro ako, pakupedzisira achikumbira iwe kuti uzvikande iwe pamutsa wevatongi vanoparara. Munguva iyi, sechikwereti chenhamba yako plummets, unogona kuwana zvose zvakabatanidzwa kuchikwereti chako chekuparadzwa, zvakare. Your inshuwarisi yemari inogona kuwedzera. Vamwe vako vanokweretesa vanogona kudzivirira kukwanisa kubhadhara simba, vachikusiya iwe unogona kubhadhara zvikwereti zvako.
Makambani ekushandisa uye mafoni angada kubhadhara mari yekuchengetedza mari. Vangangodaro vashandi vanogona kutarisa chikwereti chako uye vasarudza kusakuta iwe. Zvose nokuti wakanga usine shungu yekuita mari, usingagutswi nekugadzirisa zvinyengeri kupfuura nguva, kuunganidza zvikamu, chido, uye zvikwereti munzira.
Nzira Yokuwana Nzira Yokutengeserana Nhutano Nayo Yakawedzerwa KuAkaunti Yenyu Yokudhinda
Mazuva ano, kuwanikidzwa kwepamusoro pemagariro hakukwanisi nyore. Kubhadhara mari dzimba dzinoita mari yakawanda mukutengeserana kwekutengeserana uye mari inowanikwa mubereko nekuda kwevatengi vanotengeserana pamuganhu. Kuti uzarure nhoroondo yepamusoro, zvose zvaunofanira kuita zvinoratidza kuti unozvida pane fomu yekutanga yekuzarura (dzimwe nguva, unofanira kusarudza!). Kana iwe uchitova nekambani, zvose zvaunofanirwa kuita ndeza kuzadzisa chidimbu chechiwedzera chewedendum. Ndizvo. Imba yekubhadhara mari inogona kutora chikwereti chako. Kana zvisina kudaro, vanhu vakakodzera, masangano, nedzimwe nhengo dzepamutemo vanopiwa simba rekubhadhara mari kubva mukati mavo. Iwe unogona kunyora cheki kupikisa zvigadziro zvako uye kuita zvishoma nezvishoma, chikwereti chemahombekombe chinovhara zvinyorwa.
Margin Maintenance Zvido
Imba imwe neimwe yekutengeserana inogadza chirongwa chekuchengetedza marginal. Izvi zvinoda kugadziriswa ndeyokuti kuenzana kwehuwandu mutengi anofanira kuchengetedza muhofisi yake yepamusoro panguva dzose. Semuenzaniso, imba inogadziridza 30% yekugadziriswa inoshandiswa inokweretesa ku $ 2.33 pamadhora ega ega 1.00 mutengesi akanga aiswa mubhuku rake, achimupa $ 3.33 yezvinhu zvaaizoita. Mumwe mutengesi ane imwe chete kana maviri mashopu mubasa rake rake angave ari pasi pekugadziriswa kwepamusoro, kazhinji 50%, nokuti mutengesi anotenda kuti mukana wekusabhadharwa mukuru nekuda kwekushaya kwekusiyana .
Zvimwe zvinhu, zvakadai sepenny mashizha, hazvikwanisi kuwana margin ekutengesa zvachose. Kutaura chokwadi, izvi zvakachenjera. Kuisa mari mu penny medu inenge nguva dzose iri pfungwa yakaipa , zvakadaro. Kuwedzera mukana pamusoro payo kwaizove kushamiswa.
Simba reKubata - Muenzaniso weChiratidzo chekutengeserana Kunogona Kuita
A speculator inopa $ 10,020 mumari yake yakagamuchirwa yemari yokubhadhara. Iyo yekambani inayo 50% yekugadziriswa kwezvinodiwa uye ikozvino inotora huwandu hwe8% kune zvikwereti pasi pe $ 50,000.
The speculator inosarudza kutenga zvayo mukambani. Kazhinji, aizowedzera mari ye $ 10,020 yaainayo. Zvisinei, nokushandisa chikwereti chemari, anokweretesa pasi pemari yakawanda inobvumirwa ($ 10 000 munyaya ino), achimupa mari yakawanda ye $ 20,020 kuti iite mari. Anopa $ 20 brokerage commission uye anoshandisa $ 20,000 ($ 10 000 mari yake, $ 10 000 akwereta mari) kutenga 1,332 chikamu chekambani pa $ 15 mumwe nomumwe.
- Chikwereti Chikwereti Chiitiko 1
Nzvimbo inowira ku $ 10 mugove. Ipapoti yacho yava nemari yemari ye $ 13,320 ($ 10 yega yega x 1,332 chikamu), $ 10 000 yeiyo mari kubva pamari yekukweretesa, $ 3 320, kana 25% yemari yekukweretesa, ndiyo inowirirana nemari. Ichi chinetso chakakomba. The speculator inofanira kudzorera kukwana kwake kusvika ku50% mukati memaminitsi makumi maviri nemana kana mutengesi wake achasunungura nzvimbo yake yekubhadhara chikwereti chiripo pane chikwereti chemari. Ichi chiziviso chemaawa makumi maviri nemasere chinozivikanwa sekudanidzira kwemaawa. Kuti asangane nemazita ake, achafanira kuisa mari kana zvikamu zvezvitoro zvinokwana madhora 6,680.
Kudai akanga asingatengi pamakona, kurasikirwa kwake kwaizove kuri $ 3 333 chete. Aizove akave norusununguko rwekuregeredza kuderera kwekutengeswa kwemari kana achitenda kuti kambani yacho yaive yakawanda. Zvisinei, kushandiswa kwake kwemajeri kwakaita kuti kurasikirwa kwake kuve $ 6 680 pamwe chete nekutumirwa kwekutengeswa kwematokari emidziyo uye mari yekufarira kune imwe chikwereti. - Chikwereti chemari Chikamu 2
Mushure mokutenga zvikamu 1 332 zvemotokari pa $ 15, mutengo unokwira kusvika $ 20. Kukosha kwekutengeswa kwepodfolio iko $ 26,640. The speculator inotengesa sengo, inotora chikwereti chemari ye $ 10,000 nehomwe $ 6 640 isati yawanikwa uye iyo inotengesa commission. Dai akanga asingashandisi margin, mutambo uyu ungadai wakaita kuti awane mari ye $ 3 333 asati atumira.
Chidzidzo Chaunofanira Kudzidza Nekutsvaga Muzvikwereti paMargin
Chidzidzo ndechekuti margin anosimudzira kushanda kwepodfolio, zvakanaka kana kurwara. Zvinokonzera kurasikirwa uye zviwanikwa zvakakura kudarika zvavaizodai zvaive kudai kubhadharwa kwaive kwaiva pamatongerwo emari-bedzi chete. Zvinonyanya kukuvadza ndezvikwereti uye nguva. Mitengo inogona kuwira kunyange kana kudyara kwatove kusingabatsiri uye / kana kunogona kutora nguva yakawanda yekutengesa kwekutengesa kushambadzira, zvichiita kuti mari inowedzera mari inowanikwa kumutengesi. Mumwe muzvikwereti uyo akawana chikamu chisingaverengeki chiri kufungidzira ipso facto nekushandisa margin nokuti iye zvino ari kutengesa kuti misika haigoni kuwira zvakakwana kumumanikidzira kuti atengese zvigaro zvake.
Nheyo dzekutengeserana paMuganhu
Paunopinda kubhadha rekwereti yekwereti, kazhinji:
- Zvese zvese zvakachengetwa mubhuku rako zvinosungirwa sezvikwereti kune chikwereti chemajeri, kusanganisira mashizha, zvisungo, nezvimwewo.
- Basa rekuchengetedza kwemazuva ekusiyana rinosiyana kubva kune mutengesi kune mutengesi, kuisa pane zvigadzirwa uye pikorodho kumapato. Imba yekutengeserana ine kodzero yekushandura izvi panguva ipi zvayo kuitira kuti iwe uzviwanire iwe uchida kubhadhara pakarepo chikwereti chako chekwereti pasina yeverayiso kana chiso chaine chikwereti chako chakasvibiswa.
- Kana iwe ukakundikana kuonana nekudanwa kwemajeri nekuisa zvimwe zvekushandisa, mutengesi wako angatengesa zvimwe kana kuti zvose zvekutsvaga kwako kusvikira hutano hwekudiwa huchidzorerwa.
- Zvinokwanisika kurasikirwa nemari yakawandisa kupfuura iwe unogona kuisa apo uchishandisa margin. Iwe uchava nemhosva yepamutemo yekubhadhara chikwereti chipi zvacho chakakosha iwe unogona kuva nacho kumutengesi wako kunyange kana chikwereti chako chiri kuparadzwa zvachose.
- Inhara yekutambira inoshandiswa nemutengesi wako pamiganhu yemiganhu inoshandiswa pakarepo kuchinja.
Mune zvimwe zviitiko zvakanyanyisa, rutivi rwakakonzera dambudziko guru rezvemari. Munguva yeCarsh ya1929 ichienderera mberi nekudengenyeka kukuru, kuchengetedza kwekudya kwaingova 10% chete yemari yemari yekukwereta! Kubhadhara makambani, mune mamwe mazwi, kwaizokweretesa $ 9 ye $ 1 imwe mudare wekuisa mari. Kana mutengesi aida kutenga $ 10 000 inokosha yezviyo, aizongodzingwa kuti aise $ 1 000 mberi. Iyi yakanga isiri dambudziko kusvikira misika yaparara, zvichiita kuti mitengo yezvikwata iparare. Apo vatengesi vakaita maitiro avo ekupedzisira, vakaona kuti hakuna munhu aigona kuvadzorera sezvo vazhinji vevatengi vavo ' pfuma yaiva mumusika wekutengesa. Nokudaro, vatengesi vakatengesa mari yacho kuti vadzorere chikwereti chemari. Izvi zvakagadzira denderedzwa yakazvimirira pachezvayo kusvikira pakupedzisira mutengo wakarohwa pasi uye misika yose yakaparadzwa. Izvo zvakaguma nekugadziriswa kwemahombekombe ekutengesa kwemakore mazhinji.
Mamwe Mashoko Pamusoro Pekutsvaga Kutengesa
Kuti udzidze zvakawanda, verenga vatungamiri vedu kune zvigadzirwa zvekutengesa . Ichachajekesa zvimwe zvezvinyorwa zvekutengeserana kwemabhiza, zvipfeko, nezvimwe zvakawanda.