{"id":729907,"date":"2023-10-27T18:29:44","date_gmt":"2023-10-27T15:29:44","guid":{"rendered":"https:\/\/www.etoro.com\/?page_id=729907"},"modified":"2025-10-31T15:33:34","modified_gmt":"2025-10-31T13:33:34","slug":"passive-and-dividends","status":"publish","type":"page","link":"https:\/\/www.etoro.com\/ro\/investing\/passive-and-dividends\/","title":{"rendered":"Investi\u021biile pasive \u0219i \u00een dividende"},"content":{"rendered":"\n<p class=\"is-style-summary\">Investi\u021biile pasive \u0219i \u00een dividende ofer\u0103 expunere la active pe termen lung, f\u0103r\u0103 implicare activ\u0103 \u00een management. Descoper\u0103 cum func\u021bioneaz\u0103, avantajele \u0219i dezavantajele lor \u0219i cum le po\u021bi integra \u00een portofoliu pentru o strategie echilibrat\u0103 \u0219i eficient\u0103.<\/p>\n\n\n\n\n\n\n<hr class=\"wp-block-separator wp-block-separator-color-dark-grey wp-block-separator-spaces-medium wp-block-separator-weight-1\"\/>\n\n\n\n<p>Pentru a ob\u021bine venituri pasive, este necesar\u0103 o investi\u021bie ini\u021bial\u0103. Investi\u021bia pasiv\u0103 \u0219i investi\u021bia \u00een dividende sunt <strong>dou\u0103 abord\u0103ri pe care investitorii le pot folosi pentru a-\u0219i construi \u0219i extinde portofoliile<\/strong>, contribuind la atingerea obiectivelor financiare pe termen lung.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Body-Image-1_-What-is-passive-investing_-3.png\" alt=\"\" class=\"wp-image-729951 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Body-Image-1_-What-is-passive-investing_-3.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Body-Image-1_-What-is-passive-investing_-3-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Ce sunt investi\u021biile pasive?<\/h2>\n\n\n\n<p><mark>Investi\u021bia pasiv\u0103 este o strategie de tip \u201ebuy-and-hold\u201d care presupune cump\u0103rarea \u0219i p\u0103strarea de <a href=\"https:\/\/www.etoro.com\/ro\/investing\/how-to-choose-what-asset-class-to-invest-in\/\">active<\/a> pe termen lung. Aceasta se caracterizeaz\u0103 printr-o <strong>activitate redus\u0103 de tranzac\u021bionare \u0219i necesit\u0103 un nivel minim de implicare<\/strong> din partea investitorilor.<\/mark><\/p>\n\n\n\n<p>Investitorii care folosesc investi\u021biile pasive<strong> urm\u0103resc mai degrab\u0103 s\u0103 reproduc\u0103 performan\u021ba pie\u021bei, dec\u00e2t s\u0103 selecteze \u00een mod activ titluri financiare<\/strong> cu performan\u021be mai bune. Ei prefer\u0103 \u0219i aleg adesea s\u0103 includ\u0103 \u00een portofoliu instrumente precum ac\u021biuni sau <a href=\"https:\/\/www.etoro.com\/ro\/discover\/markets\/indices\">indici<\/a>.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat: <\/strong>Dup\u0103 ce \u021bi-ai construit portofoliul, rezist\u0103 tenta\u021biei de a monitoriza constant sau de a face modific\u0103ri. Investi\u021bia pasiv\u0103 presupune a l\u0103sa investi\u021biile s\u0103 creasc\u0103 \u00een timp.<\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Ce este randamentul dividendelor?<\/h2>\n\n\n\n<p>Randamentul dividendelor este o unitate de m\u0103sur\u0103 utilizat\u0103 pentru a evalua investi\u021bia \u00eentr-o anumit\u0103 ac\u021biune. Acesta exprim\u0103 <strong>valoarea pe care o pl\u0103te\u0219te o companie \u00een <\/strong><a href=\"https:\/\/www.etoro.com\/ro\/investing\/what-are-dividends\/\"><strong>dividende<\/strong><\/a><strong> \u00een raport cu pre\u021bul curent al ac\u021biunilor sale<\/strong> \u0219i se calculeaz\u0103 dup\u0103 urm\u0103toarea formul\u0103:<\/p>\n\n\n\n<p><strong>Randamentul dividendelor = Dividend pe ac\u021biune\/Pre\u021b curent al ac\u021biunii<\/strong><\/p>\n\n\n\n<p><strong>Dividendul pe ac\u021biune (DPS) \u0219i pre\u021bul curent al ac\u021biunii influen\u021beaz\u0103 direct randamentul dividendelor.<\/strong> Dac\u0103 o companie \u00ee\u0219i m\u0103re\u0219te dividendul \u0219i nu are loc o cre\u0219tere a pre\u021bului ac\u021biunilor, randamentul dividendelor va cre\u0219te. \u00cen schimb, dac\u0103 pre\u021bul ac\u021biunilor cre\u0219te, dar valoarea dividendului nu se modific\u0103, randamentul dividendelor va sc\u0103dea.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat:<\/strong> Verific\u0103 fluxul de numerar al companiei pentru a te asigura c\u0103 aceasta poate acoperi pl\u0103\u021bile de dividende f\u0103r\u0103 a-\u0219i pune \u00een pericol stabilitatea financiar\u0103.<\/p>\n<\/div><\/div>\n\n\n\n<p>Dividendele sunt <strong>distribuite ac\u021bionarilor, de obicei, trimestrial<\/strong>, dar frecven\u021ba de plat\u0103 poate varia \u00een func\u021bie de politica de dividende a companiei, astfel c\u0103 unele companii fac acest lucru anual, semestrial sau lunar. Pl\u0103\u021bile pot fi f\u0103cute cu numerar sau \u00een ac\u021biuni ale companiei.<\/p>\n\n\n\n<p>Companiile au, de obicei, <strong>programe prestabilite pentru declararea \u0219i distribuirea dividendelor<\/strong>. Aceste informa\u021bii sunt men\u021bionate \u00een <a href=\"https:\/\/www.etoro.com\/ro\/investing\/dividend-calendar\/\">calendarul financiar<\/a> al companiei, care poate fi consultat de investitori pentru a \u021bine eviden\u021ba datelor la care se preconizeaz\u0103 c\u0103 vor fi efectuate pl\u0103\u021bile.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cum s\u0103 adaugi investi\u021bii pasive \u00een portofoliu<\/h2>\n\n\n\n<p><strong>Investi\u021bia \u00een <\/strong><strong>indici<\/strong><strong> <\/strong><strong>este probabil cea mai cunoscut\u0103 \u0219i simpl\u0103 form\u0103 de investi\u021bie pasiv\u0103<\/strong>. Apari\u021bia acestora \u00een anii 1970 a f\u0103cut mult mai u\u0219oar\u0103 ob\u021binerea unor randamente \u00een conformitate cu performan\u021ba pie\u021bei. Investitorii pot opta pentru un indice care reprezint\u0103 o pia\u021b\u0103 de interes pentru ei.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat:<\/strong> Chiar dac\u0103 investi\u021bia pasiv\u0103 implic\u0103 mai pu\u021bin angajament, este recomandat s\u0103 reechilibrezi portofoliul periodic, deoarece alocarea activelor poate s\u0103 nu mai corespund\u0103 obiectivelor ini\u021biale.<\/p>\n<\/div><\/div>\n\n\n\n<p>De exemplu, <a href=\"https:\/\/www.etoro.com\/ro\/markets\/ger40\">GER40<\/a> este un indice care urm\u0103re\u0219te performan\u021ba celor mai mari 40 de companii&nbsp;germane care se tranzac\u021bioneaz\u0103 pe bursa de la Frankfurt. Considerat de mul\u021bi anali\u0219ti un<strong> reper al stabilit\u0103\u021bii economice a Germaniei<\/strong>, acesta include companii precum E.ON, Allianz \u0219i Siemens.<\/p>\n\n\n\n<p>Apari\u021bia \u00een anii 1990 a <strong>fondurilor tranzac\u021bionate la burs\u0103 (ETF-urilor)<\/strong>, precum <a href=\"https:\/\/www.etoro.com\/ro\/markets\/spy\">SPDR S&amp;P 500 ETF<\/a>, a simplificat \u0219i mai mult procesul investi\u021bional, permi\u021b\u00e2nd <a href=\"https:\/\/www.etoro.com\/ro\/trading\/guide-to-trading-indices\/\">tranzac\u021bionarea indicilor<\/a> la fel ca ac\u021biunile. ETF-urile pasive urm\u0103resc s\u0103 reproduc\u0103 performan\u021ba unui indice diversificat, precum S&amp;P 500, a unui sector sau a unei pie\u021be.&nbsp;<\/p>\n\n\n\n<p>Investitorii trebuie s\u0103 aleag\u0103 un <strong>ETF care se aliniaz\u0103 cu obiectivele lor de investi\u021bii<\/strong>. Acesta poate fi un ETF care reprezint\u0103 pia\u021ba bursier\u0103 a unei \u021b\u0103ri sau regiuni, un anumit sector de activitate sau tip de activ.&nbsp; Exist\u0103 ETF-uri pentru fiecare din principalele sectoare, regiuni geografice, sau tipuri de active:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><a href=\"https:\/\/www.etoro.com\/ro\/markets\/vgk\"><strong>Vanguard FTSE Europe ETF<\/strong><\/a> \u2014 ofer\u0103 <strong>expunere pe pie\u021bele europene<\/strong> majore, cum ar fi Fran\u021ba, Germania, Italia \u0219i Marea Britanie.&nbsp;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.etoro.com\/ro\/markets\/ewq\"><strong>iShares MSCI France ETF<\/strong><\/a> \u2014 ofer\u0103 <strong>expunere pe pia\u021ba companiilor mari \u0219i mijlocii din Fran\u021ba<\/strong>.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.etoro.com\/ro\/markets\/smh\"><strong>VanEck Vectors Semiconductor ETF<\/strong><\/a> \u2014 urm\u0103re\u0219te performan\u021ba general\u0103 a celor mai mari 25 de<strong> companii din sectorul semiconductorilor, listate \u00een SUA<\/strong><\/li>\n\n\n\n<li><a href=\"https:\/\/www.etoro.com\/ro\/markets\/xlf\"><strong>Financial Select Sector SPDR<\/strong><\/a> \u2014 urm\u0103re\u0219te performan\u021ba unor <strong>companii selectate din industria serviciilor financiare<\/strong><\/li>\n\n\n\n<li><a href=\"https:\/\/www.etoro.com\/ro\/markets\/bndx\"><strong>Vanguard Total International Bond ETF<\/strong><\/a> \u2014 investe\u0219te \u00een <strong>obliga\u021biuni \u00een afara SUA<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Strategii pentru investi\u021biile pasive<\/h2>\n\n\n\n<p>Unul dintre principiile <a href=\"https:\/\/www.financialmarket.ro\/terms\/investitie-pasiva\/\" target=\"_blank\" rel=\"noreferrer noopener\">investi\u021biilor pasive<\/a><strong> <\/strong>se bazeaz\u0103 pe faptul c\u0103<strong> pie\u021bele prezint\u0103 o traiectorie ascendent\u0103 pe perioade lungi de timp<\/strong>. Astfel, strategiile pentru investi\u021bii pasive se adreseaz\u0103 investitorilor cu orizonturi investi\u021bionale extinse, fiind concepute s\u0103 valorifice ciclurile pie\u021bei.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Body-Image-2_-What-are-dividend-yields_-3.png\" alt=\"\" class=\"wp-image-729930 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Body-Image-2_-What-are-dividend-yields_-3.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Body-Image-2_-What-are-dividend-yields_-3-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<p>Strategiile pasive<strong> <\/strong>ajut\u0103 investitorii s\u0103 dep\u0103\u0219easc\u0103 perioadele de<strong> <\/strong>volatilitate \u0219i s\u0103 r\u0103m\u00e2n\u0103 consecven\u021bi \u00een alegerile lor de investi\u021bii. Prin adoptarea unei abord\u0103ri pe termen lung, <strong>investitorii pot face fa\u021b\u0103 <\/strong><a href=\"https:\/\/www.etoro.com\/ro\/investing\/psychology-of-investing\/\"><strong>impulsului de a vinde<\/strong><\/a><strong> \u00een timpul recesiunilor<\/strong> c\u00e2nd activele au valori minime, valorific\u00e2nd perioadele de cre\u0219tere care vor avea loc ulterior.<\/p>\n\n\n\n<div class=\"wp-block-etoro-emphasis wp-block-etoro-emphasis-border-green\">\n<p>Investi\u021bia pasiv\u0103 este o strategie de portofoliu de tip \u201ebuy-and-hold\u201dcare presupune cump\u0103rarea \u0219i p\u0103strarea de active pe termen lung.<\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Strategii de hedging pentru investi\u021biile pasive<\/h2>\n\n\n\n<p>Investitorii care abordeaz\u0103 strategii de investi\u021bii pasive trebuie s\u0103 \u021bin\u0103 cont \u0219i de unul din riscurile asociate, \u0219i anume riscul de pia\u021b\u0103. Acesta poate determina o <strong>sc\u0103dere a valorii investi\u021biei<\/strong>, ceea ce implicit ar putea provoca pierderi financiare.<\/p>\n\n\n\n<p>De\u0219i este inevitabil, <strong>impactul riscului de pia\u021b\u0103 poate fi diminuat semnificativ<\/strong> prin adoptarea unor strategii pentru a minimiza pierderile poten\u021biale. Mai mult dec\u00e2t at\u00e2t, exist\u0103 diferite tehnici de hedging care pot fi aplicate pentru a <a href=\"https:\/\/www.etoro.com\/ro\/investing\/risk-management\/\">contracara acest risc<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Op\u021biunile<\/h3>\n\n\n\n<p>Investi\u021bia pasiv\u0103 este o strategie de tip \u201ebuy-and-hold\u201d care presupune cump\u0103rarea \u0219i p\u0103strarea de <a href=\"https:\/\/www.etoro.com\/ro\/investing\/how-to-choose-what-asset-class-to-invest-in\/\">active<\/a> pe termen lung. Aceasta se caracterizeaz\u0103 printr-o <strong>activitate redus\u0103 de tranzac\u021bionare \u0219i necesit\u0103 un nivel minim de implicare<\/strong> din partea investitorilor.<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>op\u021biuni de cump\u0103rare<\/strong> \u2014 permit de\u021bin\u0103torului s\u0103 <strong>cumpere activul la un pre\u021b prestabilit \u00eentr-un anumit interval de timp<\/strong> \u0219i reprezint\u0103 o m\u0103sur\u0103 de protec\u021bie \u00een cazul \u00een care pre\u021bul activului cre\u0219te.<\/li>\n\n\n\n<li><strong>op\u021biuni de v\u00e2nzare<\/strong> \u2014 permit de\u021bin\u0103torilor s\u0103 <strong>v\u00e2nd\u0103 activul \u00eentr-un anumit interval de timp la un pre\u021b prestabilit<\/strong>. Acestea reprezint\u0103 o m\u0103sur\u0103 de protec\u021bie \u00een cazul \u00een care pre\u021bul activului scade.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Indicele de volatilitate (VIX)<\/h3>\n\n\n\n<p>VIX este un indice care m\u0103soar\u0103 <strong>volatilitatea pie\u021bei \u0219i a\u0219tept\u0103rile privind fluctua\u021biile viitoare<\/strong>. Denumit \u201eindicele fricii\u201d, cre\u0219te \u00een perioadele de volatilitate ridicat\u0103. O valoare mare a VIX sugereaz\u0103 posibilitatea unei sc\u0103deri a pie\u021bei \u0219i o incertitudine crescut\u0103 \u00een r\u00e2ndul investitorilor.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat:<\/strong> Indicele VIX \u0219i <a href=\"https:\/\/www.etoro.com\/ro\/markets\/spx500\">S&amp;P 500<\/a> sunt corelate negativ, ceea ce \u00eenseamn\u0103 c\u0103 se mi\u0219c\u0103 \u00een direc\u021bii opuse.<\/p>\n<\/div><\/div>\n\n\n\n<p>Exist\u0103 <a href=\"https:\/\/www.etoro.com\/ro\/discover\/markets\/etf\"><strong>ETF<\/strong><\/a><strong>-uri care urm\u0103resc performan\u021ba \u00eenregistrat\u0103 de indicele de volatilitate VIX<\/strong>. Investitorii pot folosi ac\u021biuni sau op\u021biuni ETF pentru a adopta pozi\u021bii long pe VIX ca m\u0103sur\u0103 de protec\u021bie \u00eempotriva volatilit\u0103\u021bii.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Activele defensive<\/h3>\n\n\n\n<p>Activele defensive <strong>protejeaz\u0103 capitalul \u00een condi\u021bii dificile de pia\u021b\u0103<\/strong>. Aurul \u0219i <a href=\"https:\/\/www.etoro.com\/ro\/investing\/fixed-income\/\">titlurile de valoare cu dob\u00e2nd\u0103 fix\u0103<\/a> reduc riscul, deoarece tind s\u0103 performeze bine \u00een perioade de recesiune sau de cre\u0219tere economic\u0103, contribuind astfel la stabilitatea portofoliului \u00een fa\u021ba volatilit\u0103\u021bii pie\u021bei.<\/p>\n\n\n\n<p>Ac\u021biunile anumitor companii cum ar fi <a href=\"https:\/\/www.etoro.com\/ro\/markets\/pg\">Procter &amp; Gamble<\/a>, Johnson &amp; Johnson, Philip Morris International \u0219i Coca-Cola sunt considerate a fi defensive deoarece au un <strong>risc mai mic dec\u00e2t alte ac\u021biuni. <\/strong>De asemenea, ele ofer\u0103 dividende \u0219i rezultalte constante pe termen lung.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Body-Image-3_-Advantages-of-passive-investing-3.png\" alt=\"\" class=\"wp-image-729909 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Body-Image-3_-Advantages-of-passive-investing-3.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Body-Image-3_-Advantages-of-passive-investing-3-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Avantajele \u0219i dezavantajele investi\u021biilor pasive<\/h2>\n\n\n\n<p>Investi\u021biile pasive ofer\u0103 <strong>o serie de avantaje, \u00eens\u0103 vin \u0219i cu anumite dezavantaje<\/strong> pe care investitorii ar trebui s\u0103 le ia \u00een considerare. Printre acestea se num\u0103r\u0103:<\/p>\n\n\n\n<div class=\"wp-block-columns are-vertically-aligned-top wp-block-columns-2 is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-etoro-pros-cons wp-block-etoro-pros\"><div class=\"wp-block-etoro-pros-cons-title\"><strong>Avantaje<\/strong><\/div><div class=\"wp-block-etoro-pros-cons-content\">\n<ul class=\"wp-block-list wp-block-list wp-block-list-check\">\n<li><strong>Diversificare:<\/strong> strategiile de investi\u021bii pasive implic\u0103<strong> investi\u021bii \u00een indici sau ETF-uri care ofer\u0103 expunere la o gam\u0103 larg\u0103 de active<\/strong>. Aceast\u0103 diversificare \u00eencorporat\u0103 \u00eentr-o gam\u0103 larg\u0103 de active ajut\u0103 la reducerea riscului asociat ac\u021biunilor individuale, sporind stabilitatea portofoliului.<\/li>\n\n\n\n<li><strong>Nivel minim de implicare:<\/strong> investi\u021biile pasive necesit\u0103 un <strong>management mai pu\u021bin activ<\/strong> \u00een compara\u021bie cu strategiile active. Odat\u0103 ce \u021bi-ai selectat activele, le po\u021bi l\u0103sa \u00een mare m\u0103sur\u0103 s\u0103 \u00ee\u0219i urmeze cursul, f\u0103r\u0103 a fi nevoie de monitorizare continu\u0103 sau ajust\u0103ri frecvente.<\/li>\n\n\n\n<li><strong>Cost redus:<\/strong> investi\u021biile pasive implic\u0103, de obicei, <strong>costuri mai mici comparativ cu investi\u021biile gestionate activ<\/strong>, deoarece nu necesit\u0103 tranzac\u021bionare excesiv\u0103. Acest avantaj de cost poate duce la randamente nete mai mari de-a lungul timpului.<\/li>\n<\/ul>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-etoro-pros-cons wp-block-etoro-cons\"><div class=\"wp-block-etoro-pros-cons-title\"><strong>Dezavantaje<\/strong><\/div><div class=\"wp-block-etoro-pros-cons-content\">\n<ul class=\"wp-block-list wp-block-list wp-block-list-cross\">\n<li><strong>Riscul de pia\u021b\u0103:<\/strong> investitorii pasivi sunt expu\u0219i la fluctua\u021biile pie\u021bei. <strong>Strategia nu protejeaz\u0103 \u00eempotriva recesiunilor<\/strong>, ceea ce poate duce la pierderi \u00een condi\u021bii de <a href=\"https:\/\/www.etoro.com\/ro\/news-and-analysis\/copytrader\/tips-to-invest-in-a-bear-market\/\">bear market<\/a>.<\/li>\n\n\n\n<li><strong>Costul de oportunitate:<\/strong> investi\u021biile pasive urm\u0103resc s\u0103 egaleze performan\u021ba pie\u021bei, nu s\u0103 o dep\u0103\u0219easc\u0103. Investitorii care adopt\u0103 aceast\u0103 abordare ar putea <strong>pierde randamentele poten\u021bial mai mari<\/strong> care pot fi atinse printr-un management activ \u0219i selec\u021bia ac\u021biunilor.<\/li>\n<\/ul>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Concluzie<\/h2>\n\n\n\n<p>Investi\u021bia pasiv\u0103 este o <strong>strategie eficient\u0103 din punct de vedere al costurilor<\/strong>, av\u00e2nd o implicare minim\u0103. Aceasta urm\u0103re\u0219te ob\u021binerea unor rezultate comparabile cu pia\u021ba, nu dep\u0103\u0219irea lor, \u0219i poate fi adoptat\u0103 de orice investitor, indiferent de nivelul de experien\u021b\u0103.<\/p>\n\n\n\n<p>Intr\u0103 pe <a href=\"https:\/\/www.etoro.com\/ro\/academy\/\">Academia eToro<\/a> pentru a afla mai multe despre investi\u021biile pasive \u0219i \u00een dividende.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u00centreb\u0103ri frecvente<\/h2>\n\n\n\n<dl class=\"wp-block-etoro-faq\">\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Care este cel mai bun moment pentru a demara o investi\u021bie pasiv\u0103?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Este important s\u0103 identifici <a href=\"https:\/\/www.etoro.com\/ro\/investing\/why-should-i-start-investing\/\">momentul potrivit pentru a investi<\/a>. Orice tip de investi\u021bie, inclusiv cea pasiv\u0103, ar trebui s\u0103 fie demarat\u0103 atunci c\u00e2nd te sim\u021bi preg\u0103tit. Ideal ar fi s\u0103 investe\u0219ti c\u00e2nd pre\u021bul este la un nivel sc\u0103zut, dar este dificil s\u0103 previzionezi cum va evolua pia\u021ba. <\/p>\n\n\n\n<p>\u00cen loc s\u0103 \u00eencerci s\u0103 identifici momentul \u201eperfect\u201d, acord\u0103 prioritate consecven\u021bei \u0219i unei abord\u0103ri pe termen lung \u0219i aminte\u0219te-\u021bi c\u0103 investi\u021biile au nevoie de timp pentru a cre\u0219te.<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">C\u00e2t de precise sunt prognozele dividendelor?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Acurate\u021bea previziunilor despre dividende depinde de factori precum condi\u021biile pie\u021bei, performan\u021ba companiei \u0219i tendin\u021bele economice. Prognozele sunt estim\u0103ri bazate pe informa\u021biile disponibile, dar care pot fi influen\u021bate de anumite evenimente neprev\u0103zute.&nbsp;<\/p>\n\n\n\n<p>Companiile ar putea ajusta politicile de dividende \u00een func\u021bie de rezultatele financiare \u00eenregistrate. Companiile consacrate, cum ar fi Exxon Mobil, cu un istoric consistent \u00een privin\u021ba pl\u0103\u021bilor de dividende, tind s\u0103 le acorde prioritate, deoarece abaterea de la aceast\u0103 abordare ar putea declan\u0219a anumite reac\u021bii din partea <a href=\"https:\/\/www.etoro.com\/ro\/investing\/what-type-of-investor-are-you\/\">investitorilor<\/a> existen\u021bi.<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">De ce investi\u021biile pasive sunt din ce \u00een ce mai populare?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Aceast\u0103 strategie a c\u00e2\u0219tigat popularitate \u00een ultimul timp deoarece presupune un nivel minim de implicare din partea celor care o adopt\u0103. Mai mult dec\u00e2t at\u00e2t, investi\u021biile pasive aduc venituri constante pe termen lung \u0219i asigur\u0103 <a href=\"https:\/\/www.etoro.com\/ro\/investing\/how-to-build-a-diversified-portfolio\/\">diversificarea portofoliului<\/a> f\u0103r\u0103 a fi nevoie de o selec\u021bie activ\u0103 a instrumentelor care vor fi ad\u0103ugate \u00een portofoliu.<\/p>\n<\/dd><\/div>\n<\/dl>\n\n\n\n\t\t<style>\n\t\t\t.rtl .etoro-block-shortcode-disclaimer {\n\t\t\t\ttext-align:right;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\tmargin-bottom:18px;\n\t\t\t\ttext-align:left;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer p{\n\t\t\t\tfont-size: 12px;\n\t\t\t\tline-height: 18px;\n\t\t\t}\n\t\t\t@media (min-width: 768px) {\n\t\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\t\tmax-width:1176px;\n\t\t\t\t\ttext-align:center;\n\t\t\t\t}\n\t\t\t\t.etoro-block-shortcode-disclaimer p {\n\t\t\t\t\tfont-size: 14px;\n\t\t\t\t\tline-height: 20px;\n\t\t\t\t}\n\t\t\t}\n\t\t<\/style>\n\t\t<div class='etoro-block-shortcode-disclaimer'><p>Informa\u021biile din acest ghid au exclusiv scop educativ \u0219i nu ar trebui considerate drept sfaturi pentru investi\u021bii sau recomand\u0103ri personale, nici oferte sau solicit\u0103ri de cump\u0103rare sau v\u00e2nzare a oric\u0103ror instrumente financiare.<\/p>\n<p>Acest material a fost preg\u0103tit f\u0103r\u0103 a lua \u00een considerare orice fel de obiective particulare de investi\u021bii sau situa\u021bii financiare \u0219i nu a fost creat \u00een conformitate cu cerin\u021bele legale \u0219i de reglementare a promov\u0103rii cercet\u0103rii independente.<\/p>\n<p><strong>Nu toate instrumentele \u0219i serviciile financiare men\u021bionate sunt oferite de eToro<\/strong> \u0219i orice referiri la performan\u021ba anterioar\u0103 a unui instrument financiar, index sau pachet de investi\u021bii, nu sunt \u0219i nu ar trebui considerare un indicator fiabil al rezultatelor viitoare. <strong>Disponibilitatea tuturor produselor \u0219i serviciilor men\u021bionate mai sus poate varia \u00een func\u021bie de jurisdic\u021bie \u0219i \u021bar\u0103.<\/strong><\/p>\n<p>eToro nu face nicio declara\u021bie \u0219i nu \u00ee\u0219i asum\u0103 nicio responsabilitate cu privire la acurate\u021bea sau caracterul complet al con\u021binutului acestui ghid. Asigur\u0103-te c\u0103 \u00een\u021belegi riscurile implicate \u00een tranzac\u021bionare \u00eenainte de a implica capital. Nu risca niciodat\u0103 mai mult dec\u00e2t e\u0219ti preg\u0103tit s\u0103 pierzi.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Investi\u021biile pasive \u0219i \u00een dividende ofer\u0103 expunere la active pe termen lung, f\u0103r\u0103 implicare activ\u0103 \u00een management. Descoper\u0103 cum func\u021bioneaz\u0103, avantajele \u0219i dezavantajele lor \u0219i cum le po\u021bi integra \u00een portofoliu pentru o strategie echilibrat\u0103 \u0219i eficient\u0103. Pentru a ob\u021bine venituri pasive, este necesar\u0103 o investi\u021bie ini\u021bial\u0103. Investi\u021bia pasiv\u0103 \u0219i investi\u021bia \u00een dividende sunt dou\u0103&hellip;<\/p>\n","protected":false},"author":101,"featured_media":1043317,"parent":31829,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":true,"inline_featured_image":false,"sticky_cta_settings":"","footnotes":""},"asset_type":[],"class_list":["post-729907","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<title>Strategii pentru investi\u021biile pasive \u0219i \u00een dividende | eToro<\/title>\n<meta name=\"description\" content=\"Investi\u021biile pasive sprijin\u0103 diversificarea \u0219i reduc riscurile. 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