What Is a Hedge?
maaont ko smjhnay ka sb say mؤsr treqh yh hay kh asay thfz ke aek qsm smjhen۔ as mqam pr jb afrad barr lganay ka antkhab krtay hen، oh apnay fndz pr kse mnfe moqa kay asr say khod ko bcha rhay hotay hen۔ yh tmam mnfe moaqa ko honay say nhen rokta hay۔ as kay baojod، as moqa pr kh koe'e mnfe moqa pesh aae'ay aor aap ke mnasb mdd ke jae'ay، moqa ka asr km ho jata hay۔
amle tor pr bat ke jae'ay to hmaet hr jgh hote hay۔ msal kay tor pr، yh frz krtay hoe'ay kh aap nay rhn rkhnay oalay ka thfz khreda hay، aap shalon، brek anz، ya degr gher mtoqa nakameon kay khlaf apnay aap ko shara day rhay hen۔
port foleo kay mntzmen، anfrade male mdd krnay oalay، aor kmpnean mkhtlf khtrat kay leay apne kshadge ko km krnay kay leay maaon treqh kar astamal krte hen۔ maleate karobare shabon men، bhr hal، maaont aam tor pr atne bneade nhen hote jtne kh anshorns aejnse ko shaml krnay kay leay mslsl charj ada krna۔
qeas aarae'e kay khtray kay khlaf hmaet ka mtlb hay feslh kn tor pr manetre aalat ya market kay treqh kar ko astamal krna kse bhe nagoar lagt ke pesh rft kay joe'ay ko mtoazn krnay kay leay۔ dosray treqay say dekhen، male mdd krnay oalay aek mnsobay ko dosray say tbadlh krkay barr lgatay hen۔
drhqeqt، barr lganay say aap say yh toqa hote hay kh aap mnfe knkshn kay sath tbadlay ko mtoazn krnay oalay thfzat bnae'en gay۔ zahr hay، aap ko drhqeqt kchh dhanchay men as qsm kay thfz kay leay adae'ege krnay ke zrort hay۔
msal kay tor pr، as sort men kh aap XYZ tnzem kay toel hsay hen، aap apne qeas aarae'eon ko brre khrabeon say bchanay kay leay aek antkhab khred sktay hen۔ bhr hal، koe'e antkhab khrednay kay leay aap ko as ka premem ada krna hoga۔
khtray men kme، bad men، mstql tor pr mmknh foae'd men kme ka mtlb hay۔ as trh، hmaet krna، aam tor pr، aek aese hkmt amle hay js ka mqsd kse mmknh bdqsmte ko km krna hay (aor mmknh azafay ko brrhana nhen)۔ yh frz krtay hoe'ay kh aap js qeas aarae'e kay khlaf hmaet kr rhay hen nqd rqm latay hen، ase trh aap nay apnay mmknh fae'day ko bhe km kr dea hay۔ chahay jesa bhe ho، yh frz krtay hoe'ay kh oenchr nqde kho deta hay، aor aap ke barr ntejh khez the، aap ke bdqsmte km ho ge'e ho ge۔
Understanding Hedging
zeadh tr hsay kay leay maaon treqh kar men maleate aalat ka astamal shaml hay jsay matht kha jata hay۔ sb say zeadh tslem shdh mathton men say do antkhab aor qsmt hen۔ mathton kay sath، aap tbadlay kay nzam ko frogh day sktay hen jhan aek bdqsmte say aek mnsobh matht adaray men azafay say mtoazn ho jata hay۔
frz kren kh aap Cory's Tequila Organization (tkr: CTC) kay kchh hsay kay malk hen۔ as hqeqt kay baojod kh aap nay toel mdt kay leay tnzem men astak rkha hay، aap shrab kay karobar men chnd aarze bdhaleon kay baas dbaؤ men hen۔ apnay aap ko CTC men grnay say bchanay kay leay، aap tnzem pr aek pot choae's khred sktay hen، jo aap ko aek khas qemt pr CTC frokht krnay ka akhtear deta hay (ase trh astrae'ek ke qemt bhe khlate hay)۔ yh nzam shade shdh pot kay tor pr jana jata hay۔ yh frz krtay hoe'ay kh aap kay astak ke qemt astrae'ek oeleo kay nechay grte hay، an bdqsmteon ko pot choae's men hasl honay oalay foae'd say mtoazn kea jae'ay ga۔
aek aor msale maaon madl men aek tnzem shaml hay jo aek mkhsos shay pr anhsar krte hay۔ frz kren kh kore ke tekela aargnae'zeshn ko agave ke qemt men gher mtoqa honay pr zor dea gea hay (jo poda shrab bnanay kay leay astamal hota hay)۔ tnzem as moqa pr grm pane men ho ge kh agave ke qemt brrh jae'ay ge keonkh as say an kay foae'd pr shded asr prray ga۔
aegeo akhrajat kay khtray say bchanay kay leay، se te se mmknh maahday (ea as kay km zer antzam kzn، farord maahdh) men ja skta hay۔ amkanat ka maahdh aek qsm ka maaon aalh hay jo tnzem ko yhan say aek mqrrh tarekh pr aek khas qemt pr aegeo khrednay ke ajazt deta hay۔ fe alhal، CTC aegeo ke atar chrrhaؤ ke qemt pr zor dee'ay bgher male mnsobh bnde kr skta hay۔
yh frz krtay hoe'ay kh fets kntrekt ke trf say zahr ke ge'e lagt say zeadh aasman ko chho rha hay، yh maaon tknek as bnead pr ada kr day ge kh CTC km qemt pr aml krtay hoe'ay nqd rqm alg kr day ga۔ chahay jesa bhe ho، lagt km honay kay moqa pr، CTC abhe tk maahday men lagt ko hl krnay kay leay prazm hay۔ mzed yh kh، as ojh say، oh as joe'ay kay khlaf hmaet nh krtay hoe'ay gher mamole hotay۔
chonkh as trh kay bay shmar mkhtlf qsm kay antkhab aor amkanat hen، as leay aek male mdd krnay oala tqrebaً kse bhe chez kay khlaf barr lga skta hay، bshmol astak، ashea'، qrz ke fes، ya maleate maearat۔
What Hedging Means for You
zeadh tr male mdd krnay oalay kbhe bhe matht maahday ka tbadlh nhen kren gay۔ drhqeqt، zeadh tr khredare aor hold male mdd krnay oalay aarze khll ko nzr andaz krtay hen۔ an male hmaeteon kay leay، hmaet men hsh lenay ka koe'e fae'dh nhen hay keonkh oh apne qeas aarae'eon ko aam market kay sath trqe krnay detay hen۔ to hmaet kay baray men keon malom kren?
as say qta nzr kh aap kbhe bhe apnay port foleo kay leay barr nhen lgatay، aap ko yh smjhna chaheay kh yh kesay kam krta hay۔ bht se brre tnzemen aor oenchr fnans kse nh kse dhanchay men barr lgae'en gay۔ msal kay tor pr، tel ke tnzemen tel ke qemt kay khlaf barr lga skte hen۔ aek aalme mshtrkh asash gher manos tjarte shrhon men tgherat kay khlaf mdd kr skta hay۔ maaont ke bneade fhm rkhnay say aap ko an qeas aarae'eon ko smjhnay aor an ke thqeq krnay men mdd ml skte hay
