Investov\u00e1n\u00ed do indexu (t\u0159eba formou ETF) m\u00e1 sv\u00e9 v\u00fdhody. Jedna z nev\u00fdhod je, \u017ee nikdy nevyd\u011bl\u00e1te v\u00edc ne\u017e index. Hodn\u011b lid\u00ed index bere jako pr\u016fm\u011br a sna\u017e\u00ed se ho porazit. Ot\u00e1zka tedy zn\u00ed…<\/p>\n
M\u00e1 smysl pokou\u0161et se o p\u0159ekon\u00e1v\u00e1n\u00ed indexu?<\/p>\n
Podle m\u011b to smysl nem\u00e1.<\/p>\n
A pro\u010d nikoliv?<\/p>\n
Proto\u017ee to nejde.<\/p>\n
Ten f\u00f3r je v tom, \u017ee abyste mohli p\u0159ekonat index, tak si k tomu mus\u00edte \u0159\u00edct tak\u00e9 \u010dasov\u00fd horizont.<\/p>\n
V\u00e1\u0161 \u010dasov\u00fd horizont z\u00e1le\u017e\u00ed na Va\u0161em v\u011bku. V p\u0159\u00edpad\u011b 40let\u00e9ho by m\u011bl b\u00fdt 50, 60 let. A abyste 50, 60 let konzistentn\u011b p\u0159ekon\u00e1val index je velmi, velmi, velmi nepravd\u011bpodobn\u00e9.<\/p>\n
Sta\u010d\u00ed se pod\u00edvat na statistiky spr\u00e1vc\u016f pen\u011bz, aktivn\u011b \u0159\u00edzen\u00fdch fond\u016f. Uvid\u00edte, \u017ee nikdo nedok\u00e1\u017ee konzistentn\u011b p\u0159ekon\u00e1vat index. A kdy\u017e, tak se to n\u011bkomu povede rok, n\u011bkomu dva, n\u011bkomu t\u0159i, a pak se mu to zase nepovede v dal\u0161\u00edch letech.<\/p>\n
Zn\u00e1m n\u011bkolik fond\u016f, kter\u00e9 se na za\u010d\u00e1tku roku 2020 chv\u00e1staly sv\u00fdmi v\u00fdsledky. Pak p\u0159i\u0161el b\u0159ezen 2020. Index S&P 500 klesl o t\u00e9m\u011b\u0159 30 % (v CZK vyj\u00e1d\u0159en\u00ed). Ty sam\u00e9 fondy ale poklesly o 40, 50 i v\u00edce procent. V tu chv\u00edli nebylo moc veselo ani u mana\u017eer\u016f t\u011bchto fond\u016f, ani u lid\u00ed, kte\u0159\u00ed v nich m\u011bli pen\u00edze.<\/p>\n
V\u00edd\u00edme kolem sebe neust\u00e1le, \u017ee kdy\u017e v jednu chv\u00edli index p\u0159ekon\u00e1v\u00e1te, tak v jinou na tom m\u016f\u017eete b\u00fdt h\u016f\u0159e. N\u011bkdy a\u017e tak, \u017ee V\u00e1s to m\u016f\u017ee polo\u017eit.<\/p>\n
Mysl\u00edm si, \u017ee p\u0159ekon\u00e1v\u00e1n\u00ed indexu zn\u00ed marketingov\u011b dob\u0159e, ale \u017ee to nen\u00ed vlastn\u011b \u00fapln\u011b zapot\u0159eb\u00ed. Sta\u010d\u00ed, kdy\u017e budete \u201ena indexu\u201d. Ono to souvis\u00ed s Va\u0161\u00edm p\u0159\u00edstupem k investic\u00edm.<\/p>\n
Abyste dok\u00e1zali porazit index, tak V\u00e1s to bude st\u00e1t asi hodn\u011b energie a \u010dasu.<\/p>\n
Warren Buffett se o investice star\u00e1 cel\u00fd \u017eivot, full time a nav\u00edc s cel\u00fdm t\u00fdmem lid\u00ed. Mana\u017ee\u0159i fond\u016f, kte\u0159\u00ed rozd\u00e1vaj\u00ed rady, se tak\u00e9 o pen\u00edze staraj\u00ed neust\u00e1le.<\/p>\n
Tak\u017ee abyste se mohli starat o pen\u00edze naplno, mus\u00edte jich m\u00edt dost.<\/p>\n
Tolik, abyste zaplatili za sv\u016fj \u010das, kter\u00fd tomu v\u011bnujete a je\u0161t\u011b V\u00e1m zbyl ten vy\u0161\u0161\u00ed v\u00fdnos ne\u017e je index.<\/p>\n
Dejme tomu, \u017ee chcete porazit index o 2 %. Index m\u00e1 pr\u016fm\u011br 8 % a Vy budete cht\u00edt dos\u00e1hnout 10 %.<\/p>\n
Va\u0161e m\u011bs\u00ed\u010dn\u00ed mzda je 100.000 K\u010d. Tolik byste si vyd\u011blali, kdybyste d\u011blali n\u011bco jin\u00e9ho, ne\u017e se starali o sv\u00e9 pen\u00edze.<\/p>\n
Za rok tedy mus\u00edte vyd\u011blat minim\u00e1ln\u011b 1,2 milionu (12x 100.000 K\u010d). Dejme tomu, \u017ee to jsou ta 2 %, o kter\u00e1 poraz\u00edte index.<\/p>\n
2 % z 60 milion\u016f je 1,2 milionu.<\/p>\n
Tak\u017ee pot\u0159ebujete aspo\u0148 60 milion\u016f a mus\u00ed V\u00e1s pen\u00edze a investov\u00e1n\u00ed dostate\u010dn\u011b bavit, abyste to mohli d\u011blat na pln\u00fd \u00favazek.<\/p>\n
Aby stejn\u00e1 rovnice vych\u00e1zela u 10 milion\u016f, museli byste ro\u010dn\u011b vyd\u011bl\u00e1vat 20 %, tj. o 12 % v\u00edce ne\u017e index.<\/p>\n
Kolik zn\u00e1te lid\u00ed, kte\u0159\u00ed investov\u00e1n\u00edm konzistentn\u011b vyd\u011bl\u00e1vaj\u00ed 10 % a v\u00edc?<\/p>\n
M\u00e1te-li p\u0159\u00edstup, kter\u00fd je spekulativn\u011bj\u0161\u00ed, tak m\u016f\u017eete zkou\u0161et o kolik index p\u0159ekon\u00e1te.<\/p>\n
Ale pokud m\u00e1te p\u0159\u00edstup sp\u00ed\u0161e ochran\u00e1\u0159sk\u00fd, tak to vlastn\u011b nen\u00ed o tom vyd\u011blat v\u00edc, ale p\u0159edev\u0161\u00edm ty pen\u00edze ochr\u00e1nit.<\/p>\n
A kdy\u017e vyd\u011bl\u00e1te v\u00edc, tak to znamen\u00e1, \u017ee z\u00e1rove\u0148 m\u00e1te men\u0161\u00ed ochranu. Prost\u011b jedno bez druh\u00e9ho – v\u00fdnos bez rizika – nen\u00ed.<\/p>\n
Pro m\u011b osobn\u011b je mnohem rozumn\u011bj\u0161\u00ed m\u00edt pen\u00edze ve v\u011bt\u0161\u00edm bezpe\u010d\u00ed, ne\u017e p\u0159ekon\u00e1vat index. Ale to je rozhodnut\u00ed ka\u017ed\u00e9ho z n\u00e1s.<\/p>\n
J\u00e1 si mysl\u00edm, \u017ee na\u0161e strategie Wealth Protection<\/a> (Ochrana Bohatstv\u00ed) se d\u00e1 aplikovat intenzivn\u011b opravdu des\u00edtky let. I na m\u011bn\u00edc\u00ed se prost\u0159ed\u00ed, s nov\u00fdmi inovativn\u00edmi produkty a podobn\u011b.<\/p>\n Ale mysl\u00edm, \u017ee p\u0159ekon\u00e1vat index nen\u00ed konzistentn\u011b mo\u017en\u00e9. Alespo\u0148 zat\u00edm na to statistika tak poukazuje.<\/p>\n Samoz\u0159ejm\u011b n\u011bkte\u0159\u00ed lid\u00e9 v sob\u011b st\u00e1le maj\u00ed chu\u0165 odtrhnout se od davu, od pr\u016fm\u011bru. P\u0159ekonat pr\u016fm\u011br.<\/p>\n J\u00e1 jim tu chu\u0165 neberu, a\u0165 se odtrhnou.<\/p>\n Ale ot\u00e1zkou je, jestli se odtrhnou sm\u011brem nahoru od pr\u016fm\u011bru nebo sm\u011brem dol\u016f od pr\u016fm\u011bru.<\/p>\n Pod\u00edvejte, v\u011bt\u0161ina z n\u00e1s si mysl\u00ed, \u017ee jsou nadpr\u016fm\u011brn\u00fdmi \u0159idi\u010di. Ale ve skute\u010dnosti jsme v\u0161ichni pr\u016fm\u011brn\u00ed, kdy\u017e se to tak vezme. Nadpr\u016fm\u011brn\u00ed \u0159idi\u010di jsme, kdy\u017e nad\u00e1v\u00e1me na druh\u00e9 a z\u00e1vod\u00edme. Dokud nenabour\u00e1me.<\/p>\n Ten pr\u016fm\u011br m\u00e1 svou logiku.<\/p>\n J\u00e1 bych do c\u00edle p\u0159ekon\u00e1vat index ne\u0161el.<\/p>\n J\u00e1 m\u00e1m r\u00e1d splniteln\u00e9 c\u00edle. I kdy\u017e si d\u00e1v\u00e1m pom\u011brn\u011b vysok\u00e9 c\u00edle, tak po\u0159\u00e1d si mysl\u00edm, \u017ee je pot\u0159eba z\u016fstat v t\u00e9 splnitelnosti.<\/p>\n Jako poradci pro renti\u00e9ry (Fichtner Investment Advisors<\/a>) i budouc\u00ed renti\u00e9ry (eFrank.cz<\/a>) se nepokou\u0161\u00edme o p\u0159ekon\u00e1n\u00ed indexu. Rad\u011bji s klienty dos\u00e1hneme jejich c\u00edle sice \u201epr\u016fm\u011brnou\u201d, ale dlouhodob\u011b bezpe\u010dnou cestou.<\/p>\n Jedna z nev\u00fdhod investov\u00e1n\u00ed do indexu je, \u017ee nikdy nevyd\u011bl\u00e1te v\u00edc ne\u017e index.Lep\u0161\u00ed ne\u017e pr\u016fm\u011br<\/h2>\n
Jak to m\u00e1te Vy?<\/h3>\n","protected":false},"excerpt":{"rendered":"
\nM\u011bli byste tedy hledat v\u00fdnosn\u011bj\u0161\u00ed investice?<\/p>\n","protected":false},"author":2,"featured_media":1671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[50],"class_list":["post-1592","post","type-post","status-publish","format-standard","has-post-thumbnail","category-clanky","tag-wealth-protection","entry"],"_links":{"self":[{"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/posts\/1592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/comments?post=1592"}],"version-history":[{"count":12,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/posts\/1592\/revisions"}],"predecessor-version":[{"id":1704,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/posts\/1592\/revisions\/1704"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/media\/1671"}],"wp:attachment":[{"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/media?parent=1592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/categories?post=1592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/tags?post=1592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}