{"id":3058,"date":"2022-02-10T14:29:42","date_gmt":"2022-02-10T13:29:42","guid":{"rendered":"https:\/\/www.forexsrovnavac.cz\/mag\/?p=3058"},"modified":"2023-08-03T17:47:11","modified_gmt":"2023-08-03T15:47:11","slug":"jak-se-investor-muze-pripravit-na-vyssi-urokove-sazby","status":"publish","type":"post","link":"https:\/\/www.forexsrovnavac.cz\/mag\/jak-se-investor-muze-pripravit-na-vyssi-urokove-sazby\/","title":{"rendered":"Jak se investor m\u016f\u017ee p\u0159ipravit na vy\u0161\u0161\u00ed \u00farokov\u00e9 sazby"},"content":{"rendered":"<p>P\u0159ipravit se na vy\u0161\u0161\u00ed \u00farokov\u00e9 sazby se vyplat\u00ed pro kr\u00e1tkodob\u00e9 investory. Zejm\u00e9na pokud se o\u010dek\u00e1v\u00e1, \u017ee centr\u00e1ln\u00ed banky budou zvy\u0161ovat z\u00e1kladn\u00ed \u00farokov\u00e9 sazby v reakci na rostouc\u00ed inflaci nebo ekonomickou situaci. <strong>Vysok\u00e9 \u00farokov\u00e9 sazby<\/strong> mohou ovlivnit celou \u0159adu akci\u00ed a sektor\u016f a proto je dobr\u00e9 m\u00edt n\u011bkolik strategi\u00ed na pam\u011bti. Zejm\u00e9na up\u0159ednost\u0148ovat akcie s <strong>n\u00edzk\u00fdm dluhov\u00fdm zat\u00ed\u017een\u00edm. <\/strong>Diversifikace pak m\u016f\u017ee sn\u00ed\u017eit riziko a minimalizovat dopady vy\u0161\u0161\u00edch \u00farokov\u00fdch sazeb na celkov\u00fd v\u00fdnos portfolia.<\/p>\n<p>Pokud jsou \u00farokov\u00e9 sazby vysoko, m\u016f\u017ee pomoci sledov\u00e1n\u00ed zpravodajstv\u00ed a ekonomick\u00fdch ukazatel\u016f, jako jsou inflace, HDP, zam\u011bstnanost. A sledovat ka\u017ed\u00e9 rozhodnut\u00ed centr\u00e1ln\u00edch bank, co\u017e m\u016f\u017ee pomoci p\u0159edv\u00eddat mo\u017en\u00e9 zm\u011bny v \u00farokov\u00fdch sazb\u00e1ch.<\/p>\n<h2>FED<\/h2>\n<p>Feder\u00e1ln\u00ed rezervn\u00ed syst\u00e9m ozn\u00e1mil, \u017ee letos n\u011bkolikr\u00e1t zv\u00fd\u0161\u00ed \u00farokov\u00e9 sazby, a i kdy\u017e je pravda, \u017ee mnoho sektor\u016f a akci\u00ed t\u00edm utrp\u00ed (co\u017e se ji\u017e d\u011bje Nasdaqu a americk\u00fdm index\u016fm obecn\u011b), ur\u010dit\u011b existuj\u00ed i jin\u00e1 m\u00edsta, trhy, akcie, aktiva, kter\u00e1 z t\u00e9to situace budou t\u011b\u017eit.<\/p>\n<p>Pokud tedy plat\u00ed, \u017ee inteligentn\u00ed investor hled\u00ed na dlouhodob\u00fd horizont, m\u016f\u017eeme b\u00fdt tak\u00e9 dostate\u010dn\u011b inteligentn\u00ed, abychom kr\u00e1tkodob\u011b trp\u011bli m\u00e9n\u011b a profitovali! Tak\u017ee te\u010f otev\u0159ete u\u0161i (sp\u00ed\u0161e si nasa\u010fte br\u00fdle, kdy\u017e \u010dtete), proto\u017ee je to tady:<\/p>\n<ul>\n<li><em><strong>3 zp\u016fsoby, jak t\u011b\u017eit z rostouc\u00edch \u00farokov\u00fdch sazeb<\/strong><\/em><\/li>\n<\/ul>\n<h2>Investice v Evrop\u011b:<\/h2>\n<p>Ano, je pravda, \u017ee americk\u00e9 akcie ji\u017e n\u011bjakou dobu ka\u017edoro\u010dn\u011b p\u0159ekon\u00e1vaj\u00ed evropsk\u00e9 akcie (zejm\u00e9na v posledn\u00edch n\u011bkolika letech od za\u010d\u00e1tku pandemie), tak\u017ee jsme si zvykli, \u017ee americk\u00e9 akcie nesou prakticky celou v\u00e1hu portfolia. Ale ejhle, zd\u00e1 se, \u017ee leto\u0161n\u00ed rok je rokem evropsk\u00e9 odplaty, a tady je d\u016fvod:<\/p>\n<ul>\n<li>P\/E v USA nejsou jen na rekordn\u00edch \u00farovn\u00edch v historii, ale i v\u016f\u010di sv\u00fdm evropsk\u00fdm prot\u011bj\u0161k\u016fm.<\/li>\n<li>Dividendy evropsk\u00fdch akci\u00ed jsou v pr\u016fm\u011bru vy\u0161\u0161\u00ed ne\u017e u americk\u00fdch akci\u00ed a je z\u0159ejm\u00e9, \u017ee v p\u0159\u00edpad\u011b krachu na trhu v\u00e1m vy\u0161\u0161\u00ed dividendy zajist\u00ed bezpe\u010dn\u00fd st\u00e1l\u00fd p\u0159\u00edjem. To sni\u017euje va\u0161e ztr\u00e1ty, pokud se akcie nevyv\u00edjej\u00ed tak, jak byste si p\u0159\u00e1li.<\/li>\n<\/ul>\n<p>Americk\u00e9 akcie masivn\u011b t\u011b\u017eily ze \u0161t\u011bdr\u00e9 podpory, kterou v t\u011bchto letech schv\u00e1lila vl\u00e1da. Nyn\u00ed v roce 2022 se o\u010dek\u00e1v\u00e1, \u017ee tyto stimuly vyprchaj\u00ed.<br \/>\nV Evrop\u011b bychom v\u0161ak mohli b\u00fdt sv\u011bdky opaku: vl\u00e1dy prosazuj\u00ed ambici\u00f3zn\u011bj\u0161\u00ed podp\u016frn\u00e9 bal\u00ed\u010dky ve snaze o\u017eivit ekonomiku (a to m\u016f\u017ee pomoci zv\u00fd\u0161it r\u016fst tr\u017eeb a kompenzovat vliv inflace na mar\u017ee spole\u010dnost\u00ed).<\/p>\n<p>Fed se chyst\u00e1 zv\u00fd\u0161it \u00farokov\u00e9 sazby ji\u017e na za\u010d\u00e1tku leto\u0161n\u00edho roku, zat\u00edmco Evropsk\u00e1 centr\u00e1ln\u00ed banka (ECB) by m\u011bla dr\u017eet \u00farokov\u00e9 sazby na ni\u017e\u0161\u00ed \u00farovni del\u0161\u00ed dobu (tak\u017ee by m\u011bla m\u00edt v\u00edce \u010dasu na r\u016fst p\u0159ed zv\u00fd\u0161en\u00edm \u00farokov\u00fdch sazeb).<\/p>\n<p>A i kdy\u017e se \u00farokov\u00e9 sazby v Evrop\u011b zv\u00fd\u0161\u00ed, trh bude d\u00edky sv\u00e9mu slo\u017een\u00ed odoln\u011bj\u0161\u00ed. Pod\u00edl technologick\u00fdch akci\u00ed (t\u011bch, kter\u00e9 jsou nejv\u00edce ovlivn\u011bny r\u016fstem \u00farokov\u00fdch sazeb) je mnohem ni\u017e\u0161\u00ed ne\u017e v USA, zat\u00edmco pod\u00edl bankovn\u00edho sektoru (kter\u00e9mu by se m\u011blo p\u0159i r\u016fstu \u00farokov\u00fdch sazeb da\u0159it) je vy\u0161\u0161\u00ed ne\u017e v USA.<\/p>\n<ul>\n<li>ETF: VGK a FEZ, abychom m\u011bli skv\u011blou diverzifikaci akci\u00ed v Evrop\u011b.<\/li>\n<\/ul>\n\n\t<div class=\"space-shortcode-wrap space-shortcode-4 relative\">\n\t\t<div class=\"space-shortcode-wrap-ins relative\">\n\n\t\t\t\t\t\t<div class=\"space-block-title relative\">\n\t\t\t\t<span>Kde obchodovat<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"space-organizations-3-archive-items box-100 relative\">\n\n\t\t\t\t\n\t\t\t\t<div class=\"space-organizations-3-archive-item box-100 relative\">\n\t\t\t\t\t<div class=\"space-organizations-3-archive-item-ins relative\">\n\t\t\t\t\t\t<div class=\"space-organizations-3-archive-item-logo box-25 relative\">\n\t\t\t\t\t\t\t<div class=\"space-organizations-3-archive-item-logo-ins box-100 text-center relative\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"180\" height=\"72\" src=\"https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2021\/05\/xtb.png\" class=\"attachment-mercury-9999-80 size-mercury-9999-80\" alt=\"XTB\" srcset=\"https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2021\/05\/xtb.png 180w, https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2021\/05\/xtb-150x60.png 150w, https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2021\/05\/xtb-100x40.png 100w, https:\/\/www.forexsrovnavac.cz\/mag\/wp-content\/uploads\/2021\/05\/xtb-80x32.png 80w\" sizes=\"auto, (max-width: 180px) 100vw, 180px\" \/>\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"space-organizations-3-archive-item-count absolute\">\n\t\t\t\t\t\t\t\t\t<span>1<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"space-organizations-3-archive-item-terms box-25 relative\">\n\t\t\t\t\t\t\t<div class=\"space-organizations-3-archive-item-terms-ins box-100 text-center relative\">\n\t\t\t\t\t\t\tRe\u00e1ln\u00e9 akcie a ETF. N\u00edzk\u00e9 poplatky + \u010cesk\u00e1 z\u00e1kaznick\u00e1 podpora. V\u00edce ne\u017e 8600 instrument\u016f k obchodov\u00e1n\u00ed. Denn\u00ed webin\u00e1\u0159e a zpr\u00e1vy z trh\u016f pro klienty.\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"space-organizations-3-archive-item-rating box-25 relative\">\n\t\t\t\t\t\t\t<div class=\"space-organizations-3-archive-item-rating-ins box-100 text-center relative\">\n\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"space-organizations-3-archive-item-rating-box relative\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"star-rating\"><div class=\"star star-full\" aria-hidden=\"true\"><\/div><div class=\"star star-full\" aria-hidden=\"true\"><\/div><div class=\"star star-full\" aria-hidden=\"true\"><\/div><div class=\"star star-full\" aria-hidden=\"true\"><\/div><div class=\"star star-half\" aria-hidden=\"true\"><\/div><\/div>\t\t\t\t\t\t\t\t\t\t<span>4.8<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"space-organization-header-button-notice relative\" style=\"margin-top: 5px;\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"tc-apply\">Hodnocen\u00ed u\u017eivatel\u016f<\/span>\n\t\t\t\t\t\t\t\t\t\t<div class=\"tc-desc\">\n\t\t\t\t\t\t\t\t\t\t\t&nbsp;\r\n\r\n \t\u27a1\ufe0f Trustpilot hodnocen\u00ed 4.0\/5 \u2b50 \u00a0(Pr\u016fm\u011br z celkov\u00e9ho po\u010dtu 1174 hodnocen\u00ed)\r\n \t\u27a1\ufe0f Google play hodnocen\u00ed 4,4\/5 \u2b50 (Pr\u016fm\u011br z celkov\u00e9ho po\u010dtu 57 000 hodnocen\u00ed)\r\n\r\n&nbsp;\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<div class=\"space-organizations-archive-item-button-notice relative\" style=\"margin-top: 5px;\">\n\t\t\t\t\t\t\t\t\t75% CFDs \u00fa\u010dt\u016f je ztr\u00e1tov\u00fdch\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"space-organizations-3-archive-item-button box-25 relative\">\n\t\t\t\t\t\t\t<div class=\"space-organizations-3-archive-item-button-ins box-100 text-center relative\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.forexsrovnavac.cz\/mag\/xt-cs\" title=\"Nav\u0161t\u00edvit XTB\" target=\"_blank\" rel=\"nofollow\"><i class=\"fas fa-check-circle\"><\/i> Nav\u0161t\u00edvit XTB<\/a>\n\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t<\/div>\n\n\n<h2>Hodnotov\u00e9 akcie<\/h2>\n<p>R\u016fstov\u00e9 akcie jsou rostouc\u00edmi \u00farokov\u00fdmi sazbami zasa\u017eeny jako prvn\u00ed a d\u016fvod je pom\u011brn\u011b jednoduch\u00fd: jejich dne\u0161n\u00ed obchodn\u00ed model je zalo\u017een na p\u0159\u00edslibech kladn\u00fdch pen\u011b\u017en\u00edch tok\u016f z\u00edtra (a je jasn\u00e9, \u017ee s r\u016fstem \u00farokov\u00fdch sazeb jsou tyto p\u0159\u00edsliby poru\u0161ov\u00e1ny).<\/p>\n<ul>\n<li>Jak\u00e1 je alternativa?<\/li>\n<\/ul>\n<p>Nakupovat akcie hodnotov\u00fdch spole\u010dnost\u00ed, tj. spole\u010dnost\u00ed, kter\u00e9 jsou trhem podhodnoceny a kter\u00e9 dnes dosahuj\u00ed slu\u0161n\u00fdch zisk\u016f. Ty budou jist\u011b posti\u017eeny m\u00e9n\u011b ne\u017e r\u016fstov\u00e9. To neznamen\u00e1, \u017ee byste nem\u011bli m\u00edt r\u016fstov\u00e9 akcie, ale sna\u017ete se je vyv\u00e1\u017eit n\u011b\u010d\u00edm solidn\u011bj\u0161\u00edm, pokud nem\u00e1te ocelov\u00fd \u017ealudek.<\/p>\n<ul>\n<li>ETF : Vanguard Value (VTV)<\/li>\n<\/ul>\n<h2>Akciov\u00e9 sektory<\/h2>\n<ul>\n<li>Energetika (XLE), nemovitosti (VNQ), z\u00e1kladn\u00ed materi\u00e1ly (XLB) jsou sektory odoln\u00e9 v\u016f\u010di inflaci, zat\u00edmco finan\u010dn\u00ed sektor by se mohl b\u011bhem zvy\u0161ov\u00e1n\u00ed \u00farokov\u00fdch sazeb Fedu vyv\u00edjet velmi dob\u0159e.<\/li>\n<li>\u00a0Kdo m\u016f\u017ee na zv\u00fd\u0161en\u00ed \u00farokov\u00fdch sazeb zbohatnout? No, pokud uv\u00e1\u017e\u00edme, \u017ee velkou \u010d\u00e1st pen\u011b\u017en\u00edch tok\u016f tvo\u0159\u00ed \u00fav\u011bry, pak jist\u011b banky! Je tedy docela pravd\u011bpodobn\u00e9, \u017ee mnoho investor\u016f se siln\u011b p\u0159esune do finan\u010dn\u00edch akci\u00ed.<\/li>\n<\/ul>\n<h3>Dluhopisy<\/h3>\n<p>Co se t\u00fdk\u00e1 dluhopis\u016f jsou vhodn\u00e9 kr\u00e1tkodob\u00e9 dluhopisy. Proto\u017ee maj\u00ed men\u0161\u00ed citlivost na zm\u011bny sazeb ne\u017e dlouhodob\u00e9 dluhopisy. Naopak se vyhnout dlouhodob\u00fdm dluhopis\u016fm, proto\u017ee vysok\u00e9 \u00farokov\u00e9 sazby mohou v\u00e9st ke sni\u017eov\u00e1n\u00ed ceny t\u011bchto dluhopis\u016f.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>P\u0159ipravit se na vy\u0161\u0161\u00ed \u00farokov\u00e9 sazby se vyplat\u00ed pro kr\u00e1tkodob\u00e9 investory. Zejm\u00e9na pokud se o\u010dek\u00e1v\u00e1, \u017ee centr\u00e1ln\u00ed banky budou zvy\u0161ovat z\u00e1kladn\u00ed \u00farokov\u00e9 sazby v reakci na rostouc\u00ed inflaci nebo ekonomickou situaci. Vysok\u00e9 \u00farokov\u00e9 sazby mohou ovlivnit celou \u0159adu akci\u00ed a sektor\u016f a proto je dobr\u00e9 m\u00edt n\u011bkolik strategi\u00ed na pam\u011bti. Zejm\u00e9na up\u0159ednost\u0148ovat akcie s n\u00edzk\u00fdm [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3059,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"Jak investovat, pokud se zvy\u0161uj\u00ed \u00farokov\u00e9 sazby? Sektory a akcie, kter\u00e9 investo\u0159i kupuj\u00ed, a naopak na kter\u00e9 dopadaj\u00ed vysok\u00e9 \u00farokov\u00e9 sazby.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[194],"tags":[],"class_list":["post-3058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-akcie"],"modified_by":"Krpensk\u00fd Martin","_links":{"self":[{"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/posts\/3058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/comments?post=3058"}],"version-history":[{"count":0,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/posts\/3058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/media\/3059"}],"wp:attachment":[{"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/media?parent=3058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/categories?post=3058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexsrovnavac.cz\/mag\/wp-json\/wp\/v2\/tags?post=3058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}