{"id":39675,"date":"2015-05-20T08:30:56","date_gmt":"2015-05-20T05:30:56","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=39675"},"modified":"2015-05-20T08:36:06","modified_gmt":"2015-05-20T05:36:06","slug":"mahfi-egilmaz-borsa-ve-faiz-iliskisi","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/mahfi-egilmaz-borsa-ve-faiz-iliskisi\/","title":{"rendered":"Mahfi E\u011filmaz &#8211; Borsa ve Faiz \u0130li\u015fkisi"},"content":{"rendered":"<p><strong><em>Tasarruflar\u0131n y\u00f6nlenece\u011fi yerler aras\u0131nda hisse senedi ile tahvil ve mevduat birbirine rakip iki se\u00e7enektir. <\/em><\/strong><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-2514583146\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Hisse senedi se\u00e7ene\u011fi iki kazan\u00e7 (ya da kay\u0131p) sunar: (1) Temett\u00fc geliri (k\u00e2r pay\u0131), (2) Hisse senedinin de\u011ferinde art\u0131\u015f (ya da azal\u0131\u015f.) Buna kar\u015f\u0131l\u0131k tahvil veya mevduat\u0131n tek bir kazanc\u0131 vard\u0131: Faiz. Nominal (g\u00f6r\u00fcn\u00fcrdeki) faize bak\u0131l\u0131rsa tahvil ve mevduat hi\u00e7bir zaman kaybettirmezmi\u015f gibi g\u00f6r\u00fcn\u00fcr. Ama e\u011fer enflasyon nominal faizden y\u00fcksek ger\u00e7ekle\u015fmi\u015fse o zaman reel faiz negatife d\u00f6ner ve ortaya bir kay\u0131p \u00e7\u0131kar. Dolay\u0131s\u0131yla tahvil ve mevduat g\u00f6r\u00fcn\u00fc\u015fte daima kazand\u0131r\u0131rm\u0131\u015f gibi g\u00f6r\u00fcnse de bazen reel kay\u0131pla kar\u015f\u0131la\u015fabilir.<\/p>\n<p>Hisse senedi ile tahvil ve mevduat\u0131n birbiriyle rekabeti iki unsura ba\u011fl\u0131 olarak geli\u015fir: (1) tasarruf sahiplerinin tercihleri, (2) Getirinin \u00fcst\u00fcnl\u00fc\u011f\u00fc. Baz\u0131 tasarruf sahipleri getiriden \u00e7ok getirinin sabit ve g\u00fcvenilir olmas\u0131yla ilgilidir. Sabit ve g\u00fcvenilir getiri elde etmeyi tercih edenler tahvil veya mevduata yat\u0131r\u0131m yaparlar. Bu ara\u00e7lardan elde edilecek faiz daha yat\u0131r\u0131m\u0131n ba\u015f\u0131nda bellidir. Ayr\u0131ca tahvil, Devlete ait bir yat\u0131r\u0131m arac\u0131 oldu\u011fu, mevduat da belirli bir miktara kadar Devlet g\u00fcvencesi ta\u015f\u0131d\u0131\u011f\u0131 i\u00e7in g\u00fcvenilir ara\u00e7lard\u0131r. Oysa hisse senedinde bu t\u00fcr bir g\u00fcvence yoktur. Hisse senedini \u00e7\u0131karan \u015firket zarar ederse hem temett\u00fc da\u011f\u0131tamaz hem de hissenin de\u011feri d\u00fc\u015fer. Bu durumda yat\u0131r\u0131m sahibi zarar eder. Riskin b\u00fcy\u00fck oldu\u011fu yerde kazan\u00e7 da b\u00fcy\u00fck olabilece\u011fi i\u00e7in daha y\u00fcksek kazan\u00e7 elde etmek i\u00e7in daha y\u00fcksek risk almay\u0131 seven yat\u0131r\u0131mc\u0131lar hisse senetlerine y\u00f6nelirler.<\/p>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <a href=\"http:\/\/www.mahfiegilmez.com\/2015\/05\/borsa-ve-faiz-iliskisi.html\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ<\/a>. (Mahfiegilmez.Com)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tasarruflar\u0131n y\u00f6nlenece\u011fi yerler aras\u0131nda hisse senedi ile tahvil ve mevduat birbirine rakip iki se\u00e7enektir. Hisse senedi se\u00e7ene\u011fi iki kazan\u00e7 (ya da kay\u0131p) sunar: (1) Temett\u00fc&hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"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":[808,801,847],"class_list":["post-39675","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi","tag-mahfi-egilmez-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/39675","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=39675"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/39675\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=39675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=39675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=39675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}