ʻO ka paʻa o ka waihona kālā no ka waihona kālā a he aha ka mea nui iā lākou eʻike ai
Ka Manaʻo Waiwai Mutual
ʻO nā kuleana o kahi'āpana kālā e pani ana i nā palekana (hoʻopaʻapaʻa a hoʻopaʻapaʻa paha) i mālamaʻia ma ka waihona kālā.
Ke hoʻohui nei nā kumu waiwai a pau e lilo i hoʻokahi kōpana waihona. E noʻonoʻo i ka biha piha i nā pōhaku. ʻO ka bale ka waihona kālā aʻo kēlā me kēia pōhaku kahi mea paʻa a hoʻopaʻa paʻa paha. ʻO ka huina o nā pōhaku a pau (ʻo nā mea paʻa a me nā kāmepa) e like ka heluna o nā kuleana .
Pehea e hoʻoholo ai i ka helu helu piha o nā paʻa
Ma keʻano laulima, loaʻa kahi kālā kūpono no ka nui o nā kuleana a loaʻa kēiaʻano i kaʻano a iʻole kaʻano o ke kālā . Eia kekahi laʻana, he nui nā'āpana waiwai o nā kumukūʻai helu a me kekahi kālā mālama kālā , pinepine i nā haneli a iʻole he mau kaukani kālā a mau kauā paha. No ka hapanui o nā kālā'ē aʻe, he mau mea pōpilikiaʻole ka loaʻaʻana o nā mea liʻiliʻi a nuiʻole.
ʻO kahi maʻamau, inā he 20 a 30 wale nō mau kuleana o kahi waihona, hiki ke piʻi nui loa ka nui a me ka pilikia no ka mea he emi nā kuleana me ka hopena nui aʻe ma ka hanaʻana o ka waihona kālā. ʻO ka mea likeʻole, inā loaʻa he 400 a 500 mau waihona i kahi waihona, nui loa ia e like ana me kāna hua'ōlelo, e like me ka S & P 500.
Ma kēia hihia, hiki i kahi mea kūʻai kālā ke kūʻai aku i hoʻokahi o nā S & P 500 hōʻailona kālā ma mua o ka paʻaʻana i kahi waihona waiwai nui-cap me nā haneli he haneri.
ʻO ka waihona me nā wahi liʻiliʻi liʻiliʻi e like me ka moku liʻiliʻi i ke kai e hiki ke holo wikiwiki akā ua hikiʻole i nā nalu nui. Eia naʻe,ʻo ka waihona me ka nui o nā paʻa, he nui loa ia,ʻaʻole paha e hoʻopilikiaʻia e like me ka hoʻololiʻana i nā wai akāʻaʻole e hiki ke hele aku i kahi kulawa honua e hiki ai keʻoki i kona hulu a me ke kinakē e like me ka Titanic.
Eʻimi i kahi kālā me 50 mau paʻa aʻaʻole emi ma lalo o 200. E hōʻoia paha kēia i ka nui "kūpono"ʻaʻole iʻuʻuku a nuiʻole. E hoʻomanaʻo i ke kaʻina o nā'ō-'ōleʻa-apples a nānā i nāʻala no kahi i hāʻawiʻia o ka'āpana kālā . Ināʻoi aku ka emi aʻoi aku ka nui o ka waihona āu e nānā nei ma mua o kona kaʻina maʻamau, hikiʻoe keʻimi i kahi hohonu eʻike ai inā maikaʻi kēia kālā iāʻoe.
Eia kekahi, e makemakeʻoe eʻike ināʻo ka pūnaewele āu e noʻonoʻo nei me nā kālā'ē aʻe i loko o kāu kōpili. ʻO kahi kālā me nā paʻa he 20 wale nō e hiki ke pilikino iā ia iho, akā hiki ke hanaʻia ma keʻano he wahi o nā hui likeʻole o ka waihona kālā ma loko o kāu waihona.
E aʻo pū hoʻi e pili ana i nā kālā hōʻai'ē .
Ka Hoʻohaha:ʻO kaʻike ma kēia pūnaewele ua hoʻolakoʻia no ke kūkākūkāʻana wale nō, aʻaʻole pono e kuhiʻia e like me ka'ōlelo aʻo kālā. ʻAʻohe kumu e hōʻikeʻia kēiaʻikepili i manaʻo e kūʻai a kūʻai aku i nā palekana.