Sele kuyiminyaka emihlanu edlulileyo, emva kweyeNkanga yowama-2014, apho ndaqala khona iphothifoliyo yokukhula kwezabelo ndaze ndaxela lonke utshintsho apha eMzantsi Afrika ukususela ngoko.
Injongo yayikukungqina kum ukuba utyalo-mali lokukhula kwenzala luyasebenza kwaye lunokuzisa isahlulelo esihlala sikhula esinokuthi sisebenze njengesisombululo sengeniso ngexesha lomhlalaphantsi okanye njengomthombo wemali othe rhoqo wokubuyisela.
Ukutyhubela iminyaka, izabelo zonyukile, kwaye isahlulo sisonke sekota sinyuke ukusuka kwi-1,000 yeedola ukuya phantse kwi-1,500 yeedola.
Ixabiso elipheleleyo lepotfoliyo nalo likhule ngendlela efanayo, likhula ukusuka kwindawo yokuqala ye-100,000 yeedola ukuya kwi-148,000 yeedola.
Amava endiwafumene kwiminyaka emihlanu yakutshanje andivumele ukuba ndiphuhlise kwaye ndivavanye intanda-bulumko yam.Abo bandilandela kuyo yonke iminyaka bayazi ukuba andizange ndenze utshintsho kwiphothifoliyo, ndongeza ukubamba okutsha ngamaxesha ngamaxesha ngamaxesha okutsalwa kweemarike.
Kodwa kulo nyaka wakutsha nje, kwaye ngakumbi xa ndifaka izinto kwiinyanga ezili-12 ukuya kwezili-18 ezizayo, ndifikelele kwisigqibo sokuba imingcipheko iphezulu kakhulu kunangaphambili.
Kukho izinto ezimbalwa ezothusayo eziye zatsala umdla wam kwaye zandikhokelela kwisigqibo sokuthengisa i-60% yepotfoliyo yam, ndikhetha imali kwaye ndijonge amathuba angcono otyalo-mali.
Into yokuqala eyabamba ingqalelo yam ngamandla edola.Uziro okanye usondele kwizinga lenzala kwihlabathi jikelele ukhokelele uninzi lweebhondi zikarhulumente, ngakumbi eYurophu naseJapan, ukurhweba ngezivuno ezibi.
Isivuno esibi siyinto ihlabathi engekayiqondi ngokupheleleyo, kwaye umphumo wokuqala endawuqaphelayo kukuba imali ekhangele isivuno esihle ifunyenwe izulu elikhuselekileyo ngaphakathi kwe-US Treasury bonds.
Oku kunokuba ngomnye wabaqhubi amandla kwidola xa kuthelekiswa neemali eziphambili, kwaye sibonile le meko ngaphambili.
Emuva kwisiqingatha sokuqala se-2015, kwakukho iinkxalabo ezininzi zokuba amandla edola aya kuba nefuthe kwiziphumo zeenkampani ezinkulu, njengoko idola elinamandla libonwa njengento engafanelekanga yokukhuphisana xa ukukhula kulindeleke ukuba kuvele kumazwe angaphandle.Kube nesiphumo sokutsalwa kweemarike kwinyanga ka-Agasti ka-2015.
Ukusebenza kwepotfoliyo yam kunxulunyaniswa kakhulu nokwehla kwesivuno sebhondi yase-US yexesha elide.I-REITs kunye ne-Utilities ikakhulu bayonwabela loo mkhwa, kodwa kwinqaku elifanayo, njengoko amaxabiso esitokhwe enyuka, isivuno se-dividend sawa kakhulu.
Idola eyomeleleyo ichaphazela umongameli kwaye uninzi lweetweets zomongameli zinikezelwe ukukhuthaza i-Fed ukuba icuthe amaxabiso angaphantsi kwe-zero kwaye ngaloo nto yenza buthathaka imali yasekhaya.
I-Fed icinga ukuba iqhuba umgaqo-nkqubo wayo wemali ngokungaqinisekiyo kuyo yonke ingxolo ekhoyo.Kodwa kwiinyanga ezili-10 zakutsha nje, ibonise i-180-degree flip kumgaqo-nkqubo.Kwakungaphantsi konyaka odlulileyo apho sasiphakathi kwinqanaba lokunyuka kwenzala sithathela ingqalelo ukunyuka okuningana ngo-2019 kwaye mhlawumbi nango-2020, eyathi yatshintshwa ngokungafihlisiyo yaba kukunqunyulwa kwe-2-3 ngo-2019 kwaye ngubani owaziyo ukuba bangaphi ngo-2020.
Izenzo ze-Fed zichazwe njengendlela yokujongana nokuthamba okuthile kwizalathisi zezoqoqosho kunye neenkxalabo eziqhutywa kukucotha kuqoqosho lwehlabathi kunye neemfazwe zorhwebo.Ke, ukuba ngenene kukho ungxamiseko olunjalo lokutshintsha umgaqo wolawulo-mali ngokukhawuleza nangokunobundlongondlongo, izinto mhlawumbi zinobuzaza ngakumbi ukuba oko kuthethwa ngako.Inkxalabo yam kukuba ukuba kukho iindaba ezimbi ngakumbi, ukukhula kwexesha elizayo kwiminyaka ezayo kunokuba sezantsi kakhulu kunokuba besibonile ngaphambili.
Impendulo yeemarike kwizenzo ze-Fed nayo into esiyibonileyo ngaphambili: Xa kukho iindaba ezimbi, ezinokubangela ukuba i-Fed ithobe inzala okanye ifake imali eninzi kwinkqubo nge-QE kwaye izitokhwe ziya kuhlangana kwangaphambili.
Andiqinisekanga ukuba iya kubamba eli xesha ngokusekelwe kwisizathu esilula: okwangoku akukho QE yokwenyani.I-Fed ibhengeze ukumiswa kwangoko kwenkqubo yayo ye-QT, kodwa akukho mali intsha kakhulu kulindeleke ukuba ingene kwinkqubo.Ukuba ikhona, intsilelo eqhubekayo ye- $1T karhulumente ngonyaka inokukhokelela kwiingxaki ezongezelelekileyo zokuhlawula amatyala.
Inkxalabo yeFed malunga nemfazwe yorhwebo isibuyisela kumongameli kunye nomgaqo-nkqubo omkhulu werhafu ayisebenzisayo.
Mna ke ndiyasiqonda isizathu sokuba umongameli azame ukuthothisa izicwangciso zeTshayina zokuthatha iMpuma kwaye afikelele kwimo yokuba negunya elikhulu.
AmaTshayina akazifihli izicwangciso zawo zokuba sisisongelo esikhulu kwi-hegemony yase-US kwihlabathi liphela.Nokuba yi-Made-in-China 2025 okanye i-Belt and Road Initiative enkulu, izicwangciso zabo zicacile kwaye zinamandla.
Kodwa andithengi i-rhetoric yokuzithemba malunga nokukwazi ukufumana amaTshayina ukuba asayine isivumelwano kwiinyanga ezili-12 ngaphambi konyulo olulandelayo.Isenokuba yi-naïve noko.
Ulawulo lwaseTshayina lubambe ibali lokubuya kwekhulu leminyaka yokuthotywa kwesizwe.Yasekwa kwiminyaka engama-70 eyadlulayo kwaye isasebenza nanamhlanje.Le asiyonto yokuthathwa lula.Le yeyona mpembelelo iphambili eyenza ukuba iphumeze isicwangciso sayo kunye nokuqhuba ezi projekthi zinkulu.Andikholelwa ukuba nasiphi na isivumelwano sokwenyani esinokufezekiswa ngayo ngumongameli onokuba ngumongameli owayesakuba ngumongameli kunyaka ukusuka ngoku.
Undoqo kukuba ndibona lo nyaka uzayo uzele ziintshukumo zezopolitiko, ubhideka umgaqo wolawulo-mali, kunye noqoqosho oludodobalayo.Nangona ndizibona ndingumtyali-mali wexesha elide, ndikhetha ukubeka enye yemali yam ecaleni kwaye ndilinde i-horizon ecacileyo kunye namathuba angcono okuthenga.
Ukuze kubekwe phambili ii-holdings kunye nokugqiba ukuba zeziphi na ezinokuthi zithengiswe, ndiye ndajonga uluhlu lweendawo ezithile zenkampani kwaye ndabonisa izinto ezimbini kwimephu: Isivuno sangoku sesahlulo kunye nesantya sokukhula kwesahlulo.
Uluhlu olugqanyisiweyo oluphuzi kwitheyibhile engezantsi luluhlu lokubamba endigqibe ekubeni ndithengise kwiintsuku ezizayo.
Ixabiso lilonke lolu gcino lufikelela kuma-60% exabiso lepotfoliyo yam yonke.Emva kweerhafu, kuya kuba kufutshane ne-40-45% yexabiso le-net, kwaye le yimali efanelekileyo yemali endikhetha ukuyibamba okwangoku okanye ukuya kwelinye utyalo-mali.
Ipotfoliyo ebijolise ekunikezeleni isivuno se-4% kwaye ikhule ngokuhamba kwexesha yazisa ukukhula obekulindelekile kwi-dividend kunye ne-portfolio value fronts kwaye kwiminyaka emihlanu yazisa i-~50% yokunyuka.
Njengoko iimarike zisondela kwixesha eliphakamileyo kwaye inani lokungaqiniseki liyafumba, ndikhetha ukuhambisa i-chunk enkulu ngaphandle kwemarike kwaye ndilinde ecaleni.
Ukubhengezwa: Ndingu / sinde BBL, UL, O, OHI, SO, SCHD, T, PM, CVX, CMI, ETN, ICLN, VNQ, CBRL, MAIN, CONE, WEC, HRL, NHI, ENB, JNJ, SKT, HCP, VTR, SBRA.Eli nqaku ndilibhale ngokwam, kwaye livakalisa ezam izimvo.Andifumani mbuyekezo ngayo (ngaphandle kokufuna uAlpha).Andinabudlelwane beshishini kunye nayo nayiphi na inkampani isitokhwe esikhankanywe kweli nqaku.
Ukuveza okongeziweyo: Izimvo zombhali azikho iingcebiso zokuthenga okanye ukuthengisa naluphi na ukhuseleko.Nceda wenze uphando lwakho phambi kokuba wenze nasiphi na isigqibo sotyalo-mali.Ukuba ufuna ukufumana uhlaziyo rhoqo kwipotfoliyo yam, nceda ucofe iqhosha elithi "Landela".Utyalo-mali olonwabileyo!
Ixesha lokuposa: Feb-21-2020