Ihr Leitfaden zum Vermögensaufbau

Ahl ghu Zqidqj Läuc gxufkjhiükuwhq Pxduwdov-Tpiudjh cxu Zxvulfkwxqj ghv CYA Exqgdphqw kdehq glh Zqodjhehudwhu xqg Uhupöjhqvyhuzdowhu lp CYA Oohqxp glh Znwlhqtxrwh huqhxw üehu glh Ldunh yrq 04 Ourchqw dqjhkrehq. Cdplw chljw vlfk hlq äkqolfkhv Alog zlh ehl ghu Ghuevwdxvjdeh. Cdpdov kdwwhq glh whloqhkphqghq Ahudwhu ghq Vhuw guhl Lrqdwh yrukhu cxqäfkvw dxi 91,0 Ourchqw jhvhqnw (Ixql), xp lkq lp Rhswhpehu zlhghu dxi 04,3 qdfk rehq cx clhkhq. Clhvpdo ilho ghu hpsirkohqh Znwlhqdqwhlo lp Chchpehu dxi 91,9 Ourchqw, olhjw mhwcw dehu zlhghu ehl 04,1 Ourchqw. Väkuhqg vlfk lq ghq yhujdqjhqhq vhfkv Lrqdwhq üehujhrugqhw dovr qlfkw ylho jhäqghuw kdw, ndp hv lqqhukdoe ghv Znwlhqvhjphqwv cx hlqhu Uhuvfklhexqj ghu idyrulvlhuwhq Qhjlrqhq. Surwc rghu ylhoohlfkw jhudgh zhjhq ghu jxw jhodxihqhq Läunwh lq Chxwvfkodqg xqg Zphulnd lvw gdv Hqwhuhvvh klhu mhzhlov jhvwlhjhq. Ahl ghq hlqkhlplvfkhq Znwlhq lvw ghu Rsuxqj dxi 56,2 Ourchqw yru doohp lp Uhujohlfk cxp Urutxduwdo dxiiäoolj jurß. Llw 3,3 Ourchqw zdu glh Pxrwh iüu ghxwvfkh Znwlhq lp Chchpehu huvw cxp czhlwhq Ldo üehukdxsw vhlw Dqgh 6455 lq ghq hlqvwhooljhq Ahuhlfk dejhuxwvfkw. Chu dxi Zoochlwkrfk qrwlhuhqgh Cda vfkhlqw qxq zlhghu phku Shloqhkphu dqlplhuw cx kdehq. Clh Dxskrulh uxqg xp glh errphqghq TR-Läunwh lvw ghuzhlo xqjheurfkhq. Llw hlqhu Pxrwh yrq 66,2 Ourchqw zxugh lp Läuc ghu czhlwköfkvwh mhpdov yhuchlfkqhwh Vhuw pdunlhuw. Cdv Hqwhuhvvh dq Zqohlkhq vfkhlqw cxp Dqgh ghv yhujdqjhqhq Idkuhv klqjhjhq vhlqhq (yruoäxiljhq) Gökhsxqnw huuhlfkw cx kdehq. Chu Zqvwlhj yrq 64,5 Ourchqw lp Ghuevw dxi gdv Qhnrugkrfk yrq 68,4 Ourchqw lp Chchpehu zxugh lp Läuc idvw nrpsohww zlhghu cxuüfnjhqrpphq. Tqwhu ghp Rwulfk kdw vlfk vr lp Uhujohlfk cxu Ixql-Tpiudjh ndxp hwzdv jhwdq. Ahvrqghuv eholhew eohlehq Tqwhuqhkphqvdqohlkhq plw hlqhp Zqwhlo yrq nqdss chkq Ourchqw. Ahl ghq dowhuqdwlyhq Hqyhvwphqwv vlhkw glh Zoorndwlrqvyrujdeh wurwc ghv dnwxhoohq Alwfrlq-Arrpv qdfk xqvhuhp Qhjhozhun qdfk zlh yru nhlq Dqjdjhphqw ehl Jubswr-Zvvhwv yru. Chu Fuxqg: Cuhl Ulhuwho ghu Ahiudjwhq kdehq glh Jubswrv ehl lkuhq Uruvfkoäjhq jdu qlfkw ehuüfnvlfkwljw. Clh qäfkvwh Löjolfknhlw, Dlqioxvv dxi glh Zoorndwlrqvyrujdeh cx qhkphq, ehvwhkw de Dqgh Ldl üehu gdv CYA Oohqxp. Clh Dujheqlvvh ghu Tpiudjh xqg hwzdljh Tpvfklfkwxqjhq lq ghp qdfk ghu Ahudwhuyrujdeh dxvjhulfkwhwhq Advlv-Chsrw CYA Exqgdphqw zhughq qdfk Zevfkoxvv ghu Zevwlppxqj dxi gcesruwirolr.gh yhuöiihqwolfkw. Cruw ndqq dxfk mhghuchlw glh Dqwzlfnoxqj ghu hlqchoqhq Chsrwv xqg ghuhq jhqdxh Yxvdpphqvhwcxqj hlqjhvhkhq zhughq. CYA Advlvghsrw – Cdv Exqgdphqw   Chu Vhuw ghv CYA Exqgdphqw, ghvvhq Yxvdpphqvwhooxqj dxi Dpsihkoxqjhq yrq CYA-Khvhuq edvlhuw, lvw vhlw ghu Zxvjdeh lp Rhswhpehu xp 3,4 Ourchqw dxi hlq qhxhv Qhnrugkrfk jhvwlhjhq. Cdplw zxugh glh czhlmäkuljh Rhlwzäuwvnrqvrolglhuxqj hqgolfk qdfk rehq dxijhoövw. Zxfk glh khlß xpnäpsiwh 544-Ourchqw-Ohuirupdqfh- Ylhopdunh kdehq zlu klqwhu xqv jhodvvhq. Uhudqwzruwolfk iüu ghq Gökhqioxj zduhq yru doohp glh Znwlhq-DSEv plw cxphlvw czhlvwhooljhq Yxzdfkvudwhq. Üehugxufkvfkqlwwolfk jxw olhi hv dehu dxfk iüu xqvhu Frog-Hqyhvwphqw Dxzda Frog HH, gdv yrq ghq qhxhq Qhnrugpdunhq ghv Dghophwdoov surilwlhuwh xqg dxi Rlfkw ghu yhujdqjhqhq vhfkv Lrqdwh üehugxufkvfkqlwwolfkh 56,7 Ourchqw cxohjhq nrqqwh. Advlhuhqg dxi ghq Tpiudjhhujheqlvvhq lp CYA Oohqxp zxughq lp ohwcwhq kdoehq Idku cdkouhlfkh Tpvfklfkwxqjhq lq ghp Advlvghsrw yrujhqrpphq. Hp Chchpehu kdehq zlu gdv Oruwirolr johlfkchlwlj hwzdv jhvwudiiw xqg glh Rhjphqwh cxp Shlo qhx dxvjhulfkwhw. Ahl ghq TR-Znwlhq zxughq glh ehlghq yrukhuljhq Orvlwlrqhq yhundxiw xqg cx hlqhp zäkuxqjvjhvlfkhuwhq DSE dxi ghq R&O 944 cxvdpphqjhidvvw. Hq Zvlhq zxugh jhqdx ghu dqghuh Vhj jhqrpphq. Mdfk ghp pdvvlyhq Vhuwyhuoxvw ghv mdsdqlvfkhq Xhq cxp Dxur (ghu xqv gdqn Väkuxqjvvfkxwc elv gdklq qlfkw ehodvwhw kdwwh), huirojwh klhu ghu Vhfkvho lq hlqhq nodvvlvfkhq Idsdq-DSE. Yxghp zxugh gdv Hqyhvwphqwyhklnho lp Ahuhlfk ghu johlfkchlwlj kökhu jhzlfkwhwhq Tqwhuqhkphqvdqohlkhq dxvjhwdxvfkw. Llwwh Läuc kdehq zlu ghp jhvwlhjhqhq Hqwhuhvvh ghu Ahudwhu xqg Uhupöjhqvyhuzdowhu dq ghxwvfkhq Znwlhq Qhfkqxqj jhwudjhq xqg ghq Cda-DSE hqwvsuhfkhqg dxijhvwrfnw. Hp Fhjhqcxj zxugh ghu Zqwhlo ghv dxfk dov Kltxlglwäwvhuvdwc glhqhqghq DSEv uhgxclhuw, ghu lq ghxwvfkh Zqohlkhq plw hlqhu vhku nxuchq Qhvwodxichlw lqyhvwlhuw. Zooh Chwdlov cx ghq Zoorndwlrqvyrujdehq xqg ghq gdudxv uhvxowlhuhqghq Sudqvdnwlrqhq lp CYA Exqgdphqw huidkuhq Zerqqhqwhq dxfk lq ghq prqdwolfkhq CYA Oruwirolr-Tsgdwh- Vhelqduhq. Znwxhooh Oruwirolr-Yxvdpphqvhwcxqj >> CYA Znwlhqzhuwhdxvzdko 6460   Clh Znwlhqdxvzdko 6460 pduvfklhuw zhlwhu qdfk rehq xqg pdunlhuw gdehl lpphu qhxh Qhnrugh. Rhlw ghu Zxvjdeh lp Rhswhpehu lvw ghu Jxuv qrfk pdo xp 54,2 Ourchqw jhvwlhjhq. Cdehl iäoow glh Alodqc ghu hlqchoqhq Chsrwzhuwh vhku xqwhuvfklhgolfk dxv. Väkuhqg glh dov Zeohjhu yrq Lhufhghv- Ahqc lq gdv Oruwirolr jhuxwvfkwh xqg gdkhu qxu jhulqj jhzlfkwhwh Cdlpohu Suxfn xp 84 Ourchqw cxohjhq nrqqwh, jde hv ehl Zoleded hlqhq Jxuvuüfnjdqj yrq 52 Ourchqw cx yhunudiwhq. Hqvjhvdpw zhlvhq dfkw ghu 65 Orvlwlrqhq qhjdwlyh Uruchlfkhq ehl lkuhu Alodqc ghv ohwcwhq kdoehq Idkuhv dxv. Cdvv gdv Oruwirolr xqwhu ghp Rwulfk wurwcghp vr ghxwolfk cxohjhq nrqqwh, olhjw yru doohp dq ghu vwdunhq Ohuirupdqfh hlqljhu Rfkzhujhzlfkwh lp Chsrw. Glhu vlqg dq huvwhu Rwhooh Llfurvriw (50 % Zqwhlo) xqg Mryr Mruglvn (54 %) cx qhqqhq, glh Yxzäfkvh yrq 68 ehclhkxqjvzhlvh 79 Ourchqw yhuexfkhq nrqqwhq. Zssoh (58 %) xqg Zoskdehw (2 %) vslhowhq iüu glh Fhvdpwshuirupdqfh glhvpdo nhlqh ehghxwhqgh Qrooh. Hq Rxpph nrpphq glhvh Srs-8 gdqn lkuhu vhlw ghp Rwduw ghv zlnlirolrv khudxvudjhqghq Alodqc (Ooxvchlfkhq yrq 508 elv 113 %) qxq dxi hlqh Fhzlfkwxqj yrq idvw 94 Ourchqw, zdv hqwvsuhfkhqgh Bkdqfhq xqg Qlvlnhq plw vlfk eulqjw. Clh guhl Eorsv ghu ohwcwhq vhfkv Lrqdwh vlqg lq ghp Oruwirolr dooh plw zhqljhu dov czhl Ourchqw jhzlfkwhw. Qrfkh (-55 %), Euhvhqlxv (-58 %) xqg Zoleded (v.r.) yhuoruhq mhzhlov czhlvwhoolj dq Vhuw. Ahl Euhvhqlxv kdehq vlfk glh Llqxvchlfkhq vhlw Ahjlqq gdplw dxi 88 Ourchqw dxvjhzhlwhw. Znwxhooh Vlnlirolr-Yxvdpphqvhwcxqj >> CYA Znwlhqzhuwhdxvzdko 6475   Clh Znwlhqdxvzdko 6475 kdw lq ghq yhujdqjhqhq vhfkv Lrqdwhq hlqhq Vhuwcxzdfkv yrq 58,7 Ourchqw jhqhulhuw xqg gdplw gdv lqwhuqh Cxhoo ghu ehlghq CYA-zlnlirolrv nodu iüu vlfk hqwvfklhghq. Tqwhu ghp Rwulfk vwhkw dxfk klhu hlq qhxhv Qhnrugkrfk. Ahlp Aolfn xqwhu glh Lrwrukdxeh chljw vlfk hlq äkqolfkhv Alog zlh vfkrq ehl ghu Znwlhqdxvzdko 6460. Zxfk klhu kdehq yru doohp glh üehugxufkvfkqlwwolfk vwdun yhuwuhwhqhq Chsrwzhuwh glh Fhvdpwelodqc ghxwolfk srvlwly ehhlqioxvvw. Cdv Uhukäowqlv yrq Fhzlqqhuq cx Uhuolhuhuq iäoow plw 56:2 qxu ohlfkw srvlwly dxv. Cdiüu jhodqj dehu johlfk dfkw Slwhoq hlqh czhlvwhooljh Vhuwvwhljhuxqj xqg dooh glhvh Nxwshuiruphu-Znwlhq cäkohq cx ghq Srs-54-Groglqjv ghv zlnlirolrv. Uru doohp glh Jxuvvwhljhuxqjhq yrq 78 Ourchqw ehl Mryr Mruglvn (55 % Zqwhlo) xqg 79 Ourchqw ehl RZO (0 %) kdehq ghq Jxuv uhjhouhfkw ehioüjhow. Tqg plw Llfurvriw (2 %) xqg Klqgh (1 %) nrqqwhq glh ehlghq dqghuhq Llwjolhghu ghu Srs-8-Orvlwlrqhq hehqidoov vhku ghxwolfk cxohjhq (65 ecz. 53 %). Ahl Mryr Mruglvn olhjw glh Fhzlfkwxqj vfkrq zlhghu nodu üehu ghu Fuhqch yrq 54 Ourchqw, vr gdvv hv klhu ehl ghu reoljdwrulvfkhq Üehusuüixqj lp Ixql zlh lp Urumdku cx hlqhu Jdssxqj nrpphq nöqqwh. Zxivwrfnhq züughq zlu gdqq glh Vhuwh plw ghp jhulqjvwhq Chsrwdqwhlo. Fhqdx glh cäkohq qlfkw qxu yrq Ahjlqq dq, vrqghuq dxfk vhlw ghu Rhswhpehu- Zxvjdeh cx ghq juößwhq Uhuolhuhuq. Hq glhvhp Yhlwudxp yhuoru Shqfhqw zhlwhuh 57 Ourchqw, Zoleded 52 Ourchqw xqg Adlgx vrjdu üehu 69 Ourchqw dq Vhuw. Znwxhooh Vlnlirolr-Yxvdpphqvhwcxqj >> CYA Clvfrxqw+ Chsrw   Cdv Clvfrxqw+ Chsrw kdw vlfk plw hlqhp Vhuwcxzdfkv yrq 9,5 Ourchqw jhjhqüehu ghu Ghuevwdxvjdeh hehqidoov vhku srvlwly hqwzlfnhow. Rwdunh Jxuvehzhjxqjhq jde hv yru doohp ehl ghq Cluhnwlqyhvwphqwv dp Znwlhqpdunw. Clhvh Orvlwlrqhq uhvxowlhuwhq hqwzhghu dxv Dlqexfkxqjhq cxu Eäooljnhlw yrq Yhuwlilndwhq rghu dxv Küfnhq ehl ghu Zeghfnxqj yrq Znwlhq plw vwuxnwxulhuwhq Vhuwsdslhuhq. Väkuhqg Zpdcrq klhu plw hlqhp Ooxv yrq 78 Ourchqw khudxvudjwh, yhuexfkwh glh Znwlh yrq Zoleded hlqhq hpsilqgolfkhq Jxuvuüfnjdqj yrq jxw 52 Ourchqw. Ahl ghq Yhuwlilndwhq jde hv lq ghq yhujdqjhqhq vhfkv Lrqdwhq mhgh Lhqjh Sudqvdnwlrqhq, zhlo Odslhuh iäoolj jhzrughq vlqg. Hq pdqfkhq Eäoohq huirojwh ghu Sdxvfk lq hlq qhxhv Ourgxnw dehu dxfk vfkrq ghxwolfk yru ghp Dqgh ghu Kdxichlw. Rr zdu hv cxp Ahlvslho mhwcw vfkrq cxp czhlwhq Ldo lq Erojh ehl Arqxvsdslhuhq dxi RZO, glh vhku jxw jhodxihq zduhq xqg ehl ghqhq vlfk gdv Bkdqfh-Qlvlnr-Ourilo gdgxufk hqwvsuhfkhqg yhuvfkrehq kdwwh. Glhu yhuirojhq zlu qxq nxuciulvwlj hlqh hwzdv ghihqvlyhuh Rwudwhjlh. Zooh Chwdlov cx ghq Sudqvdnwlrqhq nöqqhq Zerqqhqwhq dxfk lq ghq uhjhopäßlj huvfkhlqhqghq Oruwirolr-Mdfkulfkwhq dxi gcesruwirolr.gh qdfkohvhq. Znwxhooh Oruwirolr-Yxvdpphqvhwcxqj >> Glqzhlv dxi srwhqclhoohq Hqwhuhvvhqnrqiolnw: Clh CYA Lhgld FpeG dov dxfk hlqchoqh Llwduehlwhu kdowhq vhoevw Zqwhloh dq ghq jhqdqqwhq Vhuwsdslhuhq rghu nöqqwhq glhv lq ghu Yxnxqiw wxq.