๋ณธ๋ฌธ ๋ฐ”๋กœ๊ฐ€๊ธฐ

ํˆฌ์ž์ „๋žต2

"์•ˆ์ „ํ•œ ํˆฌ์ž, ์–ด๋””๊ฐ€ ์ข‹์„๊นŒ? ๊ธˆ vs. ๋ฏธ๊ตญ ๊ตญ์ฑ„ vs. ํ˜„๊ธˆ ๋ณด์œ  ์™„๋ฒฝ ๋น„๊ต" ๊ฒฝ์ œ ๋ถˆํ™•์‹ค์„ฑ ์†, ์•ˆ์ „ํ•œ ์ž์‚ฐ์€ ๋ฌด์—‡์ผ๊นŒ?2025๋…„ ๊ฒฝ์ œ ์ƒํ™ฉ์„ ๊ณ ๋ คํ•  ๋•Œ, ๋งŽ์€ ํˆฌ์ž์ž๋“ค์ด ์•ˆ์ „ํ•œ ์ž์‚ฐ์„ ์ฐพ๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค. ๊ธˆ๋ฆฌ ์ธํ•˜, ๊ธ€๋กœ๋ฒŒ ๊ฒฝ๊ธฐ ์นจ์ฒด ์šฐ๋ ค, ๋‹ฌ๋Ÿฌ ๊ฐ€์น˜ ๋ณ€๋™ ๋“ฑ์œผ๋กœ ์ธํ•ด ํ˜„๊ธˆ์„ ๋ณด์œ ํ•˜๋Š” ๊ฒƒ์ด ์ข‹์„์ง€, ๊ธˆ๊ณผ ๊ฐ™์€ ์•ˆ์ „์ž์‚ฐ์— ํˆฌ์žํ•˜๋Š” ๊ฒƒ์ด ์œ ๋ฆฌํ• ์ง€ ๊ณ ๋ฏผ์ด ๋งŽ์Šต๋‹ˆ๋‹ค. ์ด๋ฒˆ ๊ธ€์—์„œ๋Š” ๊ธˆ(Gold), ๋ฏธ๊ตญ ๊ตญ์ฑ„(US Treasury Bonds), ํ˜„๊ธˆ(Cash) ์„ธ ๊ฐ€์ง€ ์ž์‚ฐ์˜ ์žฅ๋‹จ์ ์„ ๋น„๊ตํ•˜์—ฌ ์–ด๋–ค ์„ ํƒ์ด ๋” ํ˜„๋ช…ํ• ์ง€ ๋ถ„์„ํ•ด๋ณด๊ฒ ์Šต๋‹ˆ๋‹ค. 1๏ธโƒฃ ๊ธˆ(Gold): ๋ณ€๋™์„ฑ์€ ์žˆ์ง€๋งŒ, ์žฅ๊ธฐ์ ์œผ๋กœ ์•ˆ์ „ํ•œ ์ž์‚ฐ?โœ… ๊ธˆ์˜ ์žฅ์ โœ”๏ธ ์ธํ”Œ๋ ˆ์ด์…˜ ํ—ค์ง€(Inflation Hedge): ๊ธˆ์€ ๋ฌผ๊ฐ€ ์ƒ์Šน๊ธฐ์— ๊ฐ€์น˜๊ฐ€ ์ƒ์Šนํ•˜๋Š” ๊ฒฝํ–ฅ์ด ์žˆ์–ด ์ธํ”Œ๋ ˆ์ด์…˜ ๋ฐฉ์–ด ์ˆ˜๋‹จ์œผ๋กœ ์œ ์šฉํ•ฉ๋‹ˆ๋‹ค. โœ”๏ธ ์ „ ์„ธ๊ณ„ ๊ณตํ†ต ์•ˆ์ „์ž์‚ฐ: ๊ธ€๋กœ๋ฒŒ ๊ธˆ์œต.. 2025. 4. 5.
2025๋…„ ๊ฒฝ์ œ ์ „๋ง: ๊ธˆ๋ฆฌ ์ธํ•˜์™€ ํˆฌ์ž ์ „๋žต 1. 2025๋…„ ๊ฒฝ์ œ ์ „๋ง: ๊ธˆ๋ฆฌ๋Š” ์–ด๋””๋กœ ๊ฐˆ๊นŒ?2025๋…„์ด ์‹œ์ž‘๋˜๋ฉด์„œ ๊ฒฝ์ œ ์ „๋ฌธ๊ฐ€๋“ค์€ ์„ธ๊ณ„ ๊ฒฝ์ œ์˜ ๋ฐฉํ–ฅ์„ฑ์— ๋Œ€ํ•ด ๋‹ค์–‘ํ•œ ์ „๋ง์„ ๋‚ด๋†“๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค. ๋งŽ์€ ํˆฌ์ž์ž๋“ค์€ ๊ธˆ๋ฆฌ ์ธํ•˜ ๊ฐ€๋Šฅ์„ฑ์„ ์ฃผ๋ชฉํ•˜๊ณ  ์žˆ์œผ๋ฉฐ, ์ด์— ๋”ฐ๋ผ ์ฃผ์‹, ๋ถ€๋™์‚ฐ, ๊ฐ€์ƒํ™”ํ ๋“ฑ์˜ ํˆฌ์ž ๋ฐฉํ–ฅ๋„ ๋‹ฌ๋ผ์งˆ ๊ฒƒ์œผ๋กœ ์˜ˆ์ƒ๋ฉ๋‹ˆ๋‹ค.2024๋…„๊นŒ์ง€ ์ง€์†๋œ ๋†’์€ ๊ธˆ๋ฆฌ ์ •์ฑ…์œผ๋กœ ์ธํ•ด ๊ฒฝ์ œ ์„ฑ์žฅ๋ฅ ์ด ๋‘”ํ™”๋˜์—ˆ๊ณ , ์†Œ๋น„์™€ ํˆฌ์ž๋„ ์œ„์ถ•๋˜์—ˆ์Šต๋‹ˆ๋‹ค. ํ•˜์ง€๋งŒ 2025๋…„์—๋Š” ๋ฏธ๊ตญ ์—ฐ๋ฐฉ์ค€๋น„์ œ๋„(Fed)์™€ ํ•œ๊ตญ์€ํ–‰์ด ๊ธˆ๋ฆฌ๋ฅผ ์ธํ•˜ํ•  ๊ฐ€๋Šฅ์„ฑ์ด ํฌ๋‹ค๋Š” ๋ถ„์„์ด ๋‚˜์˜ค๋ฉด์„œ, ํˆฌ์ž ์‹œ์žฅ์—๋„ ๋ณ€ํ™”์˜ ๋ฐ”๋žŒ์ด ๋ถˆ๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค.2. ๊ธˆ๋ฆฌ ์ธํ•˜๊ฐ€ ํˆฌ์ž์— ๋ฏธ์น˜๋Š” ์˜ํ–ฅโœ… ์ฃผ์‹ ์‹œ์žฅ๊ธˆ๋ฆฌ๊ฐ€ ์ธํ•˜๋˜๋ฉด ๊ธฐ์—…๋“ค์˜ ๋Œ€์ถœ ๋ถ€๋‹ด์ด ์ค„์–ด๋“ค์–ด ํˆฌ์ž์™€ ์„ฑ์žฅ ๊ฐ€๋Šฅ์„ฑ์ด ์ปค์ง‘๋‹ˆ๋‹ค.ํŠนํžˆ ํ…Œํฌ์ฃผ(IT, AI, ๋ฐ˜๋„์ฒด) ๋ฐ ์„ฑ์žฅ์ฃผ๋“ค์ด ๊ฐ•.. 2025. 4. 4.