Ke ho'ākāka nei i ka'ōlelo hōʻai'ē kālā a ka Hui
ʻO ka loaʻa kālā ka hōʻai'ē ma hope o kaʻauhau kālā no ka hana ma mua o ka unuhiʻana i nā dividend e pono ai i ukuʻia ma kaʻoihana i makemake nuiʻia. Ke hoʻomaopopo i ka noʻonoʻo ma hope o ka unuhiʻana i nā mea pili i ka hapalua i makemakeʻia e lilo i mea waiwai maikaʻi.
ʻO ke kumu e hikiʻole ai iā kāua ke hilinaʻi ma nā kālā pūnaewele hōʻikeʻia e like me ka mea iʻikeʻia ma kēia wahi, e pili ana i keʻano o nā meaʻoi aku i makemakeʻia a me nā mea waiwai kūpono. ʻO nā uku ukana maʻamau i ukuʻia ma luna o ka waiwai kīnā maʻamauʻaʻole e unuhiʻia mai kaʻike kālā. I nā hua'ōlelo'ē aʻe, inā $ 10 miliona ka waiwai o ka hui i ukuʻia a ukuʻia he $ 9 miliona, e hōʻikeʻia ka $ 10 miliona, $ 1.6 miliona, a me ka helu kālā $ 9 miliona o nā mahele i hoʻokaʻawaleʻia. ʻO nā'āpana'āina i aloha nuiʻia, ma kekahiʻaoʻao'ē aʻe, ua like pū me nā mea i ukuʻia i ukuʻia no ka hōʻai'ē ma keʻano o ka manaʻo o ka mea nona ka waiwai kūlike; nā kuleana e pili ana i nā manawa a pau e ukuʻia ai a hikiʻole ke hoʻokuʻuʻia me ka loaʻaʻole o nā hopena maikaʻiʻole ma kahi kūʻai, nā hihia kūpono, a me ka poino nui i hoʻohaumiaʻia e lilo ai i mea paʻakikī e hoʻonui i ke kālā i ka wā e hiki mai ana.
ʻO ia ke kumu nui o nā hui i hui pū iā lākou ma ka hōʻike kālā a laila e hōʻike i kekahi huahana pūnaeweleʻikeʻia iʻikeʻia he "pili waiwai i pili i ka laulima", e aʻoʻia e pili ana ma hope aku ma kēiaʻatikala. Inā loaʻa kahi kālā $ 10 miliona ma hope o kaʻauhau a ukuʻia he $ 1 miliona ma nā'āpana waiwai i makemakeʻia,ʻo kaʻupena i loaʻa i ka mea maʻamau e hōʻike waleʻia he $ 9 miliona ma ka hōʻike kālā.
Ka hoʻomaopopoʻana i keʻano o nā mea i makemake nuiʻia
I mea e kikoo hou ai a kūkulu ma luna o ka mea aʻu i aʻo ai iāʻoe i kahi mea i kapaʻiaʻo The Many Flavors of Stock Preferred and How To Calculate the Intrinsic Value of Stock Preferred , van vanilla makemake i ka waiwai me nā mea likeʻole e like me ke kuleana e hoʻololiʻia ai i kahi kūʻai maʻamau (iʻike ponoʻia e like me ke kālepa i makemakeʻia ) heʻano likeʻole. I ke kumu, hana ia e like me ka huiʻana o kahi kumukūʻai a me ka mea i hoʻopaʻa me kēlā me kēia mahele i makemakeʻia e uku mauʻia i ka hapakolu i loaʻa. I ka wā e ulu ana ka hui i ka wā kūʻai kālā a iʻole ua hoʻopihaʻia, uaʻoi aku kaʻoihana iʻoi aku ma ka papa waiwai , ma hope o nā mea hoʻopaʻa lima a me kekahi mau mea kālā'ē aʻe, e lawe i nā koena i koe mai ka'ōkuhi a me ka hoʻoponopono houʻana paha.
I ka hoʻololiʻana i kēia kālā kiʻekiʻe a me ka palekana pili,ʻaʻole e pono ke kuleana like i ka'āpana hana o kaʻoihana ma waho aʻe o ka mahele keʻoleʻo ia he inoa kūikawā iʻikeʻia he mea makemake nui. I kēia manawa,ʻaʻole e like ka hoʻokomoʻana me ka huahana maʻamau aʻo ka hōʻailona o ka heluʻana e hoʻonui ai i ka uku hoʻohālike i nā manawa o ka pahu. Akā, i ka hana maikaʻi loa, i ka wā e holo pono ai nā mea, i kēlā me kēia makahiki, e hōʻiliʻiliʻoe i nā'āpana i makemakeʻia e ka waiwai o nā mea waiwai'āina.
Hiki i nā mea i aloha nuiʻia aʻaʻole paha i nā pono koho.
ʻO kekahi mauʻoihana he nui nā hihia likeʻole i ka manawa hoʻokahi; ke anapili hiki ke kohoʻia, nā holoholona i makemakeʻia e kūʻaiʻia, nā mea i makemake muaʻia, nā waiwai i makemakeʻia, nā mea i makemakeʻia e hiki ke hoʻololiʻia, nā mea i makemake muaʻia, a me ka waiwai iʻoi aku iʻelua; ka nui o nā huina kālā, hiki paha i nā helu likeʻole. ʻO nā māhele o kēia mau mea a pau, e unuhiʻia mai ka waihona kālā ma kaʻike kālā ma mua o ka hōʻeaʻana i ka waihona kālā e pili ana i ka helu maʻamau. ʻO ia ke kumu, i ka manawa kokoke i nā manawa a pau, ua pāpāʻia e nā kānāwai o ka Hui e uku i kekahi'āpana'āina ma ka waihona waiwai keʻole ka uku o ka waiwai i makemakeʻia. ʻO ia, mai ka manaʻo o kahi mea kūʻai kālā maʻamau, e koiʻia ana nā uku o nā'āpana kūʻai i makemakeʻia e pono e hanaʻia ma mua o ka hikiʻana ke lawe i kekahi o nā uku mai loko mai o kaʻoihana a eʻoluʻolu iā lākou,ʻo kēlā me kēia mea e like me ka uku kālā a me nāʻauhau.