Beka ukhetho - indlela entsha ukufumana

Abantu abaye imali eyintsalela, sifuna ukuqinisekisa ukuba utyalo-mali lwabo nenzuzo. Kule nkalo, iimalike zezimali Koloni kude ngaphambi ekhaya, njengoko kwilizwe lethu iminyaka engaphezu kwama-70 izixhobo gesi umdla wafika, kakhulu nje, akukho. Iimarike zaseYurophu, eMelika kunye laseAsiya iminyaka 70-80. 20 eziliqela ngamandla ezahlukahlukeneyo imidlalo kwi icandelo izibambiso, nto leyo eyakhokelela ekubeni ukuvela avela - yezabelo.

Namhlanje, izibambiso esukela, eziquka wabeka kwaye kukho ucingo, ichazwa njenge izibambiso kwixabiso ethile (impahla, izibambiso, izalathiso, kwenzala, njl njl). Okanye namalungelo uncertificated, evela kwi umnini ngokunxulumene nexabiso le-asethi engunobangela ithe.

Ezi zixhobo e ekupheleni 90 zenkulungwane yama-20 njengokuba iimarike 'eqolo "stock kumazwe ahlukeneyo, nto ibange isiphithiphithi kwezoqoqosho, yokuchitheka istock market ka-1997 kunye nokungazinzi lwenkqubo neebhanki, kwiimarike zemali Asia.

Makhe sihlolisise ngokweenkcukacha yintoni na ukhetho wakubeka kunye umnxeba. Ngokubanzi, ukhetho na isivumelwano okunika ilungelo (non-ndibopha) ngexesha elithile ukuthenga okanye ukuthengisa impahla, nto leyo isisiseko kwekhontrakthi. Ukuze kufunyanwe ilungelo elinjalo kuyimfuneko kuhlawulela ngezavenge (i), nto leyo iqhezu encinane iindleko zizonke. Ixabiso lokuthenga elizayo (intengiso) (p) bunikwa ikhontrakthi kwaye ingabi nakuguqulwa.

Abezonxibelelwano elolu hlobo zahlulwe wabeka kunye umnxeba ukhetho (ukusuka IsiNgesi "ukubeka" kunye "ukubiza"). I ukhetho lokuqala unika ilungelo lokuthengisa-asethi, kwaye eyesibini - ukuyithenga. Ukuba ixabiso le-asethi, ngoku ngexesha yokwenza imvumelwano, ngaba wanelisekile iingcedevu, ngoko ke isivumelwano elingayizalisanga ukusukela, xi ukhetho iqinisekisa kuphela ilungelo, kungekhona isibophelelo. Ngala izixhobo, abatyali banokuzuza utshintsho kwamaxabiso ezinto, izabelo, njl .., Hayi ekubeni okunene, nto leyo esisizathu sokuba yezabelo abanemfundo distribution ngokubanzi.

ukhetho Beka (call) kusenokuba waseMelika (eyenziwa nangaliphi na ixesha phambi kokuphela kwekota yesivumelwano) okanye European (lwenziwa kuphela ukusebenza ngomhla ikhontrakthi). Ukusuka kwezinye ahlobene - amakamva - ukhetho eyahlukileyo ukuba kwimeko yokusebenza kwempahla contract ingxaki ngokuyimfuneko kufika.

Isakhono nzuzo abo kuthenga ukhetho abulawe, ibalwe njengexabiso kucacisiwe kwisivumelwano (p), kuthatyathwe ixabiso le asset kwimarike ngosuku lokubulawa (h) premium (i). Isiphumo esihle yingisela na kwenzeka kuphela xa h

Umzekelo, uthenga ukhetho abelibeke kwizabelo ngexabiso strike engange-60. emva kweenyanga ezi-3. Plus kuhlawulela ngezavenge, umzekelo, engange-5. Kulindeleke ukuba amaxabiso ziya kuhla yi ixesha ukuya engange-50. Ngexesha ngokubulawa kwale mvumelwano uthenga izabelo ngelo ngexabiso, bathengise ngabo ukhetho sizuze = 70 - engange share nganye 5 = 5 - 60.

Ukushwankathela, singatsho ukuba khetho ngenene sisixhobo ukwenza inzuzo kunye ilahleko encinci ngohlobo iibhonasi.