Faiz, bir ki\u015fi ya da kurumun tasarruf etti\u011fi fonlar\u0131, ihtiyac\u0131 olanlara belirli bir s\u00fcre i\u00e7in \u00f6d\u00fcn\u00e7 vermesi kar\u015f\u0131l\u0131\u011f\u0131nda ald\u0131\u011f\u0131 bedeldir. Bu \u00f6d\u00fcn\u00e7 verme eylemi bankalara tasarruf mevduat\u0131 yat\u0131rmak bi\u00e7iminde olabilece\u011fi gibi, kurumlar\u0131n \u00e7\u0131kard\u0131\u011f\u0131 tahvil ve bonolar\u0131 sat\u0131n almak suretiyle de olabilir.<\/div>\n

<\/div>\n

Bankalar\u0131n bir y\u0131ll\u0131k mevduata verdi\u011fi y\u00fczde 10 dolay\u0131ndaki faiz nominal (g\u00f6r\u00fcn\u00fcrdeki, \u00fcst\u00fcnde yaz\u0131l\u0131 olan) faizdir. Nominal faizden T\u00fcrkiye\u2019de y\u00fczde 15 gelir vergisi kesintisi (stopaj) yap\u0131l\u0131r. Bu durumda ki\u015finin eline ge\u00e7ecek faiz y\u00fczde 8,5\u2019e iner. Buna da net nominal faiz denir. Yani y\u0131lba\u015f\u0131nda bankaya 100 TL yat\u0131ran bir ki\u015fi y\u0131lsonunda paras\u0131n\u0131 108,5 TL olarak geri alacak demektir.<\/div>\n

<\/div>\n

Reel faiz, nominal faizden enflasyonun ar\u0131nd\u0131r\u0131lmas\u0131yla bulunan faizdir. \u015e\u00f6yle bir form\u00fclle hesaplan\u0131r: Reel faiz = (1 + nominal faiz) \/ (1 + beklenen enflasyon) \u2013 1. Buradan \u00e7\u0131kan sonucu 100 ile \u00e7arparsak reel faizi y\u00fczde cinsinden g\u00f6rm\u00fc\u015f oluruz. Yukar\u0131daki \u00f6rnekten gidersek, o y\u0131l ger\u00e7ekle\u015fen enflasyon y\u00fczde 7 ise, bu ki\u015finin elde etti\u011fi reel faiz y\u00fczde 1,4 dolay\u0131nda \u00e7\u0131kacak demektir. Beklenen enflasyonun ger\u00e7ekle\u015fme sonucuna g\u00f6re bu faiz s\u0131f\u0131rdan b\u00fcy\u00fck \u00e7\u0131kabilece\u011fi gibi s\u0131f\u0131r ya da s\u0131f\u0131rdan k\u00fc\u00e7\u00fck de \u00e7\u0131kabilir.<\/div>\n

<\/div>\n

A\u015fa\u011f\u0131daki tablo, 100 TL\u2019sini bir y\u0131l vadeyle ve y\u00fczde 10 nominal faiz \u00fczerinden bankaya yat\u0131ran bir T\u00fcrk ile 55,6 dolar\u0131n\u0131 getirip 1,8 TL\u2019lik kurdan bozdurup elde etti\u011fi 100 TL\u2019yi ayn\u0131 faizle bankaya yat\u0131ran Amerikal\u0131n\u0131n durumunu kar\u015f\u0131la\u015ft\u0131rmal\u0131 olarak ortaya koymay\u0131 ama\u00e7l\u0131yor (Varsay\u0131m: TL\u2019nin de\u011ferinde, yani USD kurunda bir y\u0131l boyunca de\u011fi\u015fiklik olmam\u0131\u015ft\u0131r.)<\/div>\n

<\/div>\n\n\n\n\n\n\n\n\n\n\n\n\n\n

\n <\/div>\n<\/td>\n	\n T\u00fcrk (TL)<\/strong><\/div>\n<\/td>\n	\n Amerikal\u0131 (USD)<\/strong><\/div>\n<\/td>\n<\/tr>\n
\n Y\u0131lba\u015f\u0131 ve y\u0131lsonu dolar kuru<\/div>\n<\/td>\n	\n 1 USD = 1,8 TL<\/div>\n<\/td>\n	\n 1 USD = 1,8 TL<\/div>\n<\/td>\n<\/tr>\n
\n S\u00f6z konusu tutar<\/div>\n<\/td>\n	\n 100 TL<\/div>\n<\/td>\n	\n 55,6 USD<\/div>\n<\/td>\n<\/tr>\n
\n Mevduat olarak yat\u0131r\u0131lan<\/div>\n<\/td>\n	\n 100 TL<\/div>\n<\/td>\n	\n 100 TL<\/div>\n<\/td>\n<\/tr>\n
\n Nominal faiz<\/div>\n<\/td>\n	\n % 10<\/div>\n<\/td>\n	\n % 10<\/div>\n<\/td>\n<\/tr>\n
\n Nominal faiz geliri<\/div>\n<\/td>\n	\n 10 TL<\/div>\n<\/td>\n	\n 10 TL<\/div>\n<\/td>\n<\/tr>\n
\n Nominal faizden GV stopaj\u0131<\/div>\n<\/td>\n	\n % 15<\/div>\n<\/td>\n	\n % 15<\/div>\n<\/td>\n<\/tr>\n
\n Net nominal faiz geliri<\/div>\n<\/td>\n	\n 8,5 TL<\/div>\n<\/td>\n	\n 4,7 USD<\/div>\n<\/td>\n<\/tr>\n
\n Toplam getiri<\/div>\n<\/td>\n	\n 108,5 TL<\/div>\n<\/td>\n	\n 60,3 USD<\/div>\n<\/td>\n<\/tr>\n
\n \u0130lgili \u00fclkedeki enflasyon<\/div>\n<\/td>\n	\n % 7<\/div>\n<\/td>\n	\n % 2<\/div>\n<\/td>\n<\/tr>\n
\n Reel faiz<\/div>\n<\/td>\n	\n % 1,4<\/div>\n<\/td>\n	\n % 2,6<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n <\/div>\n T\u00fcrk de Amerikal\u0131 da bir y\u0131l\u0131n sonunda 10 TL faiz elde etmi\u015f olacak. Bu faiz gelirinden y\u00fczde 15 gelir vergisi kesilecek ve her ikisinin de eline 8,5 TL faiz geliri ge\u00e7ecek. Her ikisinin de o a\u015famada paras\u0131n\u0131 \u00e7ekti\u011fini d\u00fc\u015f\u00fcnelim. \u0130kisinin de elinde toplam 108,5 TL olacak demektir. Amerikal\u0131n\u0131n ayn\u0131 g\u00fcn paras\u0131n\u0131 1,8 TL\u2019lik kurdan dolara \u00e7evirdi\u011fini ve eline ge\u00e7en 60,3 dolarla \u00fclkesine d\u00f6nd\u00fc\u011f\u00fcn\u00fc d\u00fc\u015f\u00fcnelim. T\u00fcrkiye\u2019de enflasyon y\u00fczde 7 oldu\u011fu i\u00e7in T\u00fcrk\u2019\u00fcn bu i\u015flemden elde etti\u011fi reel faiz y\u00fczde 1,4\u2019te kalm\u0131\u015ft\u0131r. ABD\u2019de enflasyon y\u00fczde 2 oldu\u011fu i\u00e7in Amerikal\u0131n\u0131n elde etti\u011fi reel faiz ise y\u00fczde 2,7 olarak ger\u00e7ekle\u015fmi\u015ftir. ABD\u2019de faizler y\u00fczde 1 – 2 dolay\u0131nda oldu\u011fundan Amerikal\u0131, kendi \u00fclkesinde paras\u0131n\u0131 bankaya yat\u0131rsa muhtemelen negatif reel faiz elde etmi\u015f ya da en iyi olas\u0131l\u0131kla paras\u0131n\u0131n sat\u0131n alma g\u00fcc\u00fcn\u00fc korumu\u015f olacakt\u0131.<\/div>\n<\/div>\n <\/div>\n Yaz\u0131n\u0131n devam\u0131 i\u00e7in TIKLAYINIZ.<\/strong><\/a><\/div>\n","protected":false},"excerpt":{"rendered":" Faiz, bir ki\u015fi ya da kurumun tasarruf etti\u011fi fonlar\u0131, ihtiyac\u0131 olanlara belirli bir s\u00fcre i\u00e7in \u00f6d\u00fcn\u00e7 vermesi kar\u015f\u0131l\u0131\u011f\u0131nda ald\u0131\u011f\u0131 bedeldir. Bu \u00f6d\u00fcn\u00e7 verme eylemi bankalara…<\/p>\n","protected":false},"author":12,"featured_media":13098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tumyazilar"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/20036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=20036"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/20036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/13098"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=20036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=20036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=20036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}