The Rotaract 2020-21 Dönemi 3. Sayı

THE
ROTARACT
Overseas is a good option for the American investor. Despite being risky, gold will
continue to be an alternative in the upcoming period. In this environment, it is possible
to correct the jumps in other investment instruments such as Bitcoin due to interest. “In
our country, we see that prices and interest rates have increased with inflation in the
light of the radical changes in duty at the beginning of November. With the rise in
interest rates, the dollar also declined, and at the same time, it is seen that the criterion
of Turkeys riskiness also declined. While normally stocks tend to fall when interest rates
rise, it should be underlined that stocks have increased interestingly during this period.
While this is the table, I foresee that inflation will be critical in 2021. Another important
data for our country is that residents are in dollar position; Turkish investors view Dollar
assets as long-term real estate investments and there is no clear reduction in these
positions. In this period when the BIST100 index increased its gains, it may be possible
for stocks to promise good returns in dollar terms if the global conjuncture goes well
and reasonable policies are applied. " Halim Çun shared his notes on investment
management with the participants in the last part of his presentation titled On
Investment Management. “If there are friends among us who have lost money in the
field of investment, I suggest them not to be too sad. Investment management has no
direct connection with intelligence, guys, during the collapse of the South Sea
Company, which was established to borrow Britain in the 1720s, in the stock market,
Newton lost $ 3 million in today's value. Similarly, the hedge fund named LTCM,
which was founded in the mid-1990s by a team of Nobel laureate economists and stars
such as former FED aide, went bankrupt in the first years when it was caught
unprepared by the Russian crisis, which exploded in 1998, despite the incredible
returns.“A good investor; I think they should know the theory, history, psychology and
practice of investment. Likewise, giving the necessary importance to risk management,
which remains in the background even though the focus is on return in money
management, being able to distinguish signal and noise in such periods when
information is easier to access and differences arise in the interpretation phase, and not
forgetting that failures can also stem from the luck factor are among the factors that
make the investor strong. “People may not be able to make the right decisions in many
places; If you are in an emerging market in recent years, you may think that this will
continue for a lifetime, but life is not like that. With the gathering of people on various
platforms, the shares of the old model GameStop, which became a branch in the field
of video rental, increased from 3 Dollars to 373 Dollars, and then fell back to around 40
Dollars, and small investors faced serious losses. In the long run, the law of gravity and
basic ratios are working, it is necessary to be careful in such investments. "
“Finally, in the world of investment, you will come across many contradictory proposals
and they are all true. In contrasts such as follow the train / be an opposing investor,
choose companies that give good dividends / choose growth companies, the critical
point is when the parties are right, and what separates the real investor from the
standard investor is the correct timing.
1 21