{"id":581,"date":"2010-07-05T09:43:45","date_gmt":"2010-07-05T06:43:45","guid":{"rendered":"http:\/\/www.rahakool.ee\/finantsblogi\/?p=581"},"modified":"2010-07-05T09:43:45","modified_gmt":"2010-07-05T06:43:45","slug":"aktsiad-ei-kuku-kolinal","status":"publish","type":"post","link":"https:\/\/www.finantsblogi.ee\/index.php\/2010\/07\/05\/aktsiad-ei-kuku-kolinal\/","title":{"rendered":"Aktsiad ei kuku kolinal"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-582\" title=\"20100705_Portfell_w26\" src=\"https:\/\/www.finantsblogi.ee\/wp-content\/uploads\/2010\/07\/20100705_Portfell_w26.png\" alt=\"\" width=\"290\" height=\"240\" \/>Seda vaid p\u00f5hjusel, et nad ei tee kukkudes \u00fcldse mingit h\u00e4\u00e4lt. Vastasel juhul oleks Tallinna b\u00f6rsilt kostuvat\u00a0k\u00f5va kolinat kuulda olnud peaaegu terve eelmise n\u00e4dala kestel. Nii\u00a0suurt langust \u00fchel n\u00e4dalal pole minu aktsiaportfell seni n\u00e4inud. N\u00e4dal l\u00f5ppes tervelt\u00a0<strong><span style=\"color: #ff0000;\">9,08%<\/span><\/strong> miinuses ning portfell on oma v\u00e4\u00e4rtuselt tagasi jaanuaris.<\/p>\n<p>Suurimad langejad kuulusid ka k\u00f5ik minu eelistatud aktsiate hulka. Enim langes portfellis\u00a0Tallinna Kaubamaja (<span style=\"color: #ff0000;\">-11,55%<\/span>), talle j\u00e4rgnesid Olympic (<span style=\"color: #ff0000;\">-11,3%<\/span>) ja Tallink (<span style=\"color: #ff0000;\">-11,11%<\/span>). K\u00f5ige paremini pidas vastu Tallinna Vee aktsiahind, mis odavnes vaid <span style=\"color: #ff0000;\">0,12%<\/span>.<\/p>\n<p>Tekib k\u00fcsimus, millest selline langus on tingitud? Vastuseid ei ole lihtne leida ja need ei kipu olema konkreetsed. Ilmselt on\u00a0suures osas\u00a0s\u00fc\u00fcdi turge haaranud pessimism t\u00e4nu riikide eelarvek\u00e4rbetele, milles n\u00e4hakse ohtu majanduse taastumisele. \u00dchest k\u00fcljest on s\u00e4\u00e4rane kasinus ja kaine m\u00f5istus ju\u00a0tervitatav, sest v\u00e4lisv\u00f5lad on keskmiselt\u00a0t\u00f5epoolest tohutud. Teisest k\u00fcljest p\u00e4rsib s\u00e4\u00e4rane kokkuhoidlikkus majanduse taastumist ning austet anal\u00fc\u00fctikud on juba \u00e4\u00e4riveeri depressioonist r\u00e4\u00e4kima hakanud.<\/p>\n<p>Kahtlemata on huvitavad ajad ja kahtlemata on praegu aktsiahinnad juba nii madalale tambitud, et olen viimastel p\u00e4evadel k\u00f5vasti k\u00e4te peal istuma pidanud, et mitte emotsioonide t\u00f5ttu juurde ostma kukkuda. Me ju ei tea, kuhu suund edasi v\u00f5etakse ja ka kodumaised targad investorid \u00fctlevad, et kuigi sirgjoones kulgev langus ei\u00a0peaks edasi kestma, ei ole midagi roosat ja r\u00f5\u00f5msat l\u00e4hiajal paistmas. Seega oleks praegu &#8220;olukorra selginemiseni&#8221; m\u00f5istlik vist\u00a0omada pigem raha, kui loota, et \u00e4kitselt trend p\u00f6\u00f6rdub ja tohutu ralli lahti l\u00e4heb. Aga seda ei tea kunagi, sest turg on alati targem.<\/p>\n<p>Nagu ka varasemalt, ei ole v\u00f5imalik minu optimistlikku meelt murda. Eks mu isiklik pilt v\u00f5ib olla ka m\u00f5neti moonutatud t\u00e4nu sellele, et t\u00f6\u00f6stusettev\u00f5tte, kus t\u00f6\u00f6tan, n\u00e4eb hetkel endiselt veokitootmise segmendis OEM-idelt (autotootjatelt)\u00a0j\u00e4tkuvalt olulisi kasvuprognoose ning vahetult enne p\u00fchi saadeti koguni laiali tegevuskava selleks, kuidas kiire kasvuga valutumalt toime tulla. V\u00f5imalik, et see k\u00f5ik on petlik ja maailmamajandus vajubki depressiooni, kuid mul on seda puhtalt t\u00f6\u00f6stustootmise prognoose vaadates v\u00e4ga raske uskuda. Pigem \u00fcritatakse uus suurem kriis valitsuste poolt j\u00e4tkuvalt edasi l\u00fckata.<\/p>\n<p>\u00dchtlasi toetab algavat n\u00e4dalat asjaolu, et eelmine n\u00e4dal oli t\u00f5epoolest veripunane. Seega ei oleks vast palju loodetud, et mu aktsiaportfell taas kasv\u00f5i korraks suuna \u00fclespoole v\u00f5tab.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seda vaid p\u00f5hjusel, et nad ei tee kukkudes \u00fcldse mingit h\u00e4\u00e4lt. Vastasel juhul oleks Tallinna b\u00f6rsilt kostuvat\u00a0k\u00f5va kolinat kuulda olnud<span class=\"more-dots\">&#8230;<\/span> <span class=\"more-tag d-block mt-15\"><a class=\"more-link wp-block-button__link icon-inline\" href=\"https:\/\/www.finantsblogi.ee\/index.php\/2010\/07\/05\/aktsiad-ei-kuku-kolinal\/\">Continue Reading...<span class=\"screen-reader-text\"> \"Aktsiad ei kuku kolinal\"<\/span><\/a><\/span><!-- .more-tag --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[3],"tags":[25,26,27,70,153,154,272,357,444,445,446],"class_list":["post-581","post","type-post","status-publish","format-standard","hentry","category-aktsiaportfell","tag-aktsiad","tag-aktsiahinnad","tag-aktsiaportfell","tag-depressioon","tag-investeering","tag-investeeringud","tag-majanduslangus","tag-portfell","tag-tallinna-bors","tag-tallinna-kaubamaja","tag-tallinna-vesi","no-post-thumbnail"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.finantsblogi.ee\/index.php\/wp-json\/wp\/v2\/posts\/581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.finantsblogi.ee\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finantsblogi.ee\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finantsblogi.ee\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finantsblogi.ee\/index.php\/wp-json\/wp\/v2\/comments?post=581"}],"version-history":[{"count":0,"href":"https:\/\/www.finantsblogi.ee\/index.php\/wp-json\/wp\/v2\/posts\/581\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.finantsblogi.ee\/index.php\/wp-json\/wp\/v2\/media?parent=581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finantsblogi.ee\/index.php\/wp-json\/wp\/v2\/categories?post=581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finantsblogi.ee\/index.php\/wp-json\/wp\/v2\/tags?post=581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}