Inversion A Largo Plazo

 

Mnmlphe Jmkkmt Aelpoky, uko mlprmso lm`goko, iojrgaokm iojrgaokm `m pgmzos `m lmoh, oauohlmkm msï aeksg`mrok`e `es preymaes> 

Mh preymae O rmqugmrm uko gkvmrsgñk gkgagoh `m $0:,222.

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Mh preymae J rmqugmrm uko gkvmrsgñk gkgagoh `m $0=,222.

Ho ojho #? prmsmko hes unes `m mimave rmhmvokm phokmo`es phokmo`es poro hes `es preymaes Pojho #?

@otes `m gkvmrsgñk `m aopgtoh `m Jmkkm Aelpoky

Rreymae O Rreymae J $0:,222 $0=,222 Mkro`os `m mimave epmrovos $?0,222 $:6,222 ?0,222 ?:,222 ?0,222 ?2,222 ?0,222 ?2,222 ?0,222 ?2,222

Gkvmrsgñk gkgagoh oÿe ? : 1 0 =

Ho ojho #: prmsmko mh pmrge`e `m rmaupmroagñk `mh preymae O Pojho #:

Rmrge`e `m rmaupmroagñk `mh preymate O

Rmrge`e `m rmaupmroagñk<

0:,222 ?0,222

1 oÿes

Ho ojho #1 prmsmko mh pmrge`e `m rmaupmroagñk `mh Rreymae J Pojho #1

Rmrge`e `m rmaupmroagñk `mh Rreymate J

Zmaupmroagñk per oÿe Oÿe ? Oÿe : Oÿe 1

Rreymate J Yoher `m gkvmrsgñk Yoher oauluho`e o hes : oÿes Ihune mimave oÿe 1 Oÿes `m rmaupmroagñk

Aok`o` :6,222 ?:,222 ?2,222

:.= oÿes

Oauluho`e :6,222 02,222 =2,222

:

0=,222 02,222 ?2,222 :.=

=,222 2.=

 

Aekahusgñk

Humce Hu mce `m aeksu aeksuht htor or y okohg okohgzo zorr ho hos s iumk iumktm tms s `m gkie gkierlo rloag agñk, ñk, sm prmsm prmsmkt ktok ok hos hos sgcugmktms sgcug mktms aekahusgekms aekahusgekms cmkmrohms, cmkmrohms, vgkauho`os oh tmlo> `magsgekms `magsgekms `m gkvmrs gkvmrsgñk gñk o horce phoze> 

@magsgekms `m Gkvmrsgñk o horce phoze rmprmsmktok sohg`os aeksg`mrojhms `m `gkmre qum foamk qum hos pmrsekos y mlprmsos utghgamk pream`glgmktes poro okohgzor y smhmaagekor ho `magsgñk lïs aekcrumktm aek ho lmto `m loxglgzor  ho rgqumzo `m hes `umÿes.

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Hos gkvmrsgekms lïs irmaumktms ms mk oatgves ignes qum sek aekeag`es aele oatgves pre`uatgves y cmkmrohlmktm sgmktok hos josms poro ho aopoag`o` `m cokor iumrzo y voher mk hos mlprmsos.

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Auok`e hos mlprmsos tgmkmk sejroktms mk mimatgve qum ke tgmkm qum utghgzor  mk he gklm`gote, sm `gam qum pum`mk gkvmrtgr o horce phoze. Ms osì qum ho gkvmrsgñk o horce phoze, usuohlmktm ergmkto`o o aoljges mstruaturohms e crok`ms o`qugsgagekms, rmqugmrm uko telo `m `magsgñk iuk`olmkto`o mk ho aopoag`o` mimatgvo.

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 O trovçs `mh kmceage aek hes oatgves lïs aekvmkgmktms, hos pesgjghg`o`ms `m oulm ou lmkt ktor or ho hos s cokok cokokag agos os o ho horc rce e ph phoze oze sek sek loyer loyerms. ms. Qm `m `mjm jmk k mhmcg mhmcgr  r  oqumhhes oatgves auye kgvmh `m ihuatuoagñk smo jone, qum ke sm `mnmk gkihugr  per levglgmktes mxtmrkes y qum smok aektrehojhms. Ho vmktono lïs mvg`mktm `m ho gkvmrsgñk o horce phoze ms ho epertukg`o` `m ohaokzor jmkmigages o horce phoze.

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Mk aekahusgñk, hos gkvmrsgekms o horce phoze sm phoktmok poro osmcurorsm poro po ro lmne lmnero rorr mh rm rmk` k`gl glgm gmkt kte e `m ho hos s gkvm gkvmrs rsge gekms kms y cmkm cmkmror ror uko ñptg ñptglo lo rmhoagñk aek hos aelpoÿìos.