{"id":79115,"date":"2024-11-15T14:28:45","date_gmt":"2024-11-15T12:28:45","guid":{"rendered":"https:\/\/financer.ro\/?post_type=wiki&#038;p=79115"},"modified":"2024-11-20T10:54:46","modified_gmt":"2024-11-20T08:54:46","slug":"investitii-in-aur","status":"publish","type":"wiki","link":"https:\/\/financer.ro\/articole\/investitii-in-aur\/","title":{"rendered":"Investitii in aur"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"Cum_s_investeti_n_aur_n_fn_date_formatY\">Cum s\u0103 investe\u0219ti \u00een aur \u00een 2024<\/h2>\n\n\n\n<p>Investi\u021biile \u00een aur au fost dintotdeauna considerate drept un refugiu sigur \u00een vremuri tulburi. Dar \u0219tiai c\u0103 p\u00e2n\u0103 \u0219i cei mai mari investitori din lume p\u0103streaz\u0103 o parte din portofoliu \u00een aur?<\/p>\n\n\n\n<p>De exemplu, Ray Dalio al Bridgewater Associates recomand\u0103 <a href=\"https:\/\/markets.businessinsider.com\/news\/commodities\/ray-dalio-portfolio-gold-price-debt-inflation-us-economy-outlook-2024-4\">o alocare de 5-10% \u00een aur<\/a>, \u00een timp ce p\u00e2n\u0103 \u0219i Warren Buffett care de-a lungul vastei lui cariere de investitor profesionist a ales s\u0103 stea departe de aur, <a href=\"https:\/\/investingnews.com\/daily\/resource-investing\/precious-metals-investing\/gold-investing\/warren-buffett-gold\/\">a optat s\u0103 realizeze un plasament semnificativ<\/a> \u00een acest metal pre\u021bios \u00een 2020.<\/p>\n\n\n\n<p>Totu\u0219i, \u00een 2024, a cump\u0103ra lingouri de aur fizic nu mai este neap\u0103rat cea mai bun\u0103 op\u021biune.\u00a0<\/p>\n\n\n\n<p><strong>Realizarea de investi\u021bii \u00een aur online, prin CFD-uri sau ETF-uri, sunt acum mult mai accesibile \u0219i, poate mai important, mai eficiente.<\/strong><\/p>\n\n\n\n<p>De ce spunem asta? P\u0103i haide s\u0103 prezent\u0103m c\u00e2teva exemple ca s\u0103 te l\u0103murim.<\/p>\n\n\n\n<p>Mai jos, ai principalele trei ETF-uri cu suport pe aur din lume \u0219i evolu\u021bia lor din ianuarie \u0219i p\u00e2n\u0103 la jum\u0103tatea lui noiembrie 2024:<\/p>\n\n\n\n<ul>\n<li>WisdomTree Physical Gold (PHAU): +30.21%<\/li>\n\n\n\n<li>iShares Gold Trust (IAU): +24.16%<\/li>\n\n\n\n<li>SPDR Gold Shares (GLD): +23.98%<\/li>\n<\/ul>\n\n\n\n<p>Comparativ, pre\u021bul aurului fizic a crescut cu aproximativ 24.12% \u00een aceea\u0219i perioad\u0103. A\u0219adar,\u00a0<strong>unele ETF-urile de aur au oferit randamente chiar superioare aurului fizic \u00een 2024<\/strong>.<\/p>\n\n\n\n<p>Articolul de fa\u021b\u0103 se vrea a fi un ghid detaliat care \u00ee\u021bi va explica toate variantele prin care po\u021bi investi \u00een aur. Pentru fiecare dintre op\u021biuni, vei vedea plusurile \u0219i minusurile cu care vine plus c\u00e2teva detalii care te-ar putea interesa.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Investiii_n_aur_online\">Investi\u021bii \u00een aur online<\/h2>\n\n\n\n<p>\u00cen era digital\u0103, investi\u021biile \u00een aur au evoluat semnificativ. Nu mai e nevoie s\u0103-\u021bi faci griji pentru depozitarea \u0219i securitatea lingourilor fizice. Acum, po\u021bi ob\u021bine expunere pe pia\u021ba aurului direct de pe smartphone-ul t\u0103u, \u00een c\u00e2teva minute.<\/p>\n\n\n\n<p>Instrumentele moderne precum CFD-urile \u0219i ETF-uri au democratizat accesul la pia\u021ba aurului.<\/p>\n\n\n\n<p><strong>Aceste produse financiare \u00ee\u021bi permit s\u0103 profi\u021bi de mi\u0219c\u0103rile pre\u021bului aurului f\u0103r\u0103 b\u0103t\u0103ile de cap asociate cu aurul fizic.<\/strong><\/p>\n\n\n\n<p>Fie c\u0103 e\u0219ti un investitor \u00eencep\u0103tor sau unul experimentat, aceste op\u021biuni \u00ee\u021bi ofer\u0103 flexibilitate \u0219i eficien\u021b\u0103 \u00een gestionarea investi\u021biilor tale \u00een aur.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Investiii_n_aur_prin_CFD_uri\">Investi\u021bii \u00een aur prin CFD-uri<\/h3>\n\n\n\n<p><a href=\"https:\/\/financer.ro\/investitii\/cfd\/\" data-type=\"page\" data-id=\"78609\">CFD-urile<\/a> (Contracte pentru Diferen\u021b\u0103) cu suport pe aur sunt instrumente financiare derivate care \u00ee\u021bi permit s\u0103 speculezi pe mi\u0219c\u0103rile pre\u021bului aurului f\u0103r\u0103 a de\u021bine metalul propriu-zis. <\/p>\n\n\n\n<p>C\u00e2nd tranzac\u021bionezi CFD-uri pe aur, de fapt pariezi pe direc\u021bia \u00een care crezi c\u0103 se va mi\u0219ca pre\u021bul. Dac\u0103 anticipezi o cre\u0219tere, deschizi o pozi\u021bie \u201elong\u201d. Dac\u0103 crezi c\u0103 pre\u021bul va sc\u0103dea, deschizi o pozi\u021bie \u201eshort\u201d.<\/p>\n\n\n\n<p><strong>Un avantaj major al CFD-urilor este efectul de levier.<\/strong>\u00a0<\/p>\n\n\n\n<p>Acesta \u00ee\u021bi permite s\u0103 controlezi o pozi\u021bie mai mare dec\u00e2t capitalul t\u0103u real. De exemplu, cu un levier de 1:20, po\u021bi controla o pozi\u021bie de 2000\u20ac \u00een aur cu doar 100\u20ac capital propriu.<\/p>\n\n\n\n<p>Totu\u0219i, levierul este o sabie cu dou\u0103 t\u0103i\u0219uri.\u00a0<strong>Amplific\u0103 at\u00e2t poten\u021bialele c\u00e2\u0219tiguri, c\u00e2t \u0219i posibilele pierderi.<\/strong>\u00a0De aceea, este foarte important s\u0103 \u00een\u021belegi bine riscurile \u00eenainte de a folosi tranzac\u021biile cu leverage.<\/p>\n\n\n\n<p>Alte aspecte de luat \u00een considerare la CFD-uri:<\/p>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"check\"><li><p>Taxe de finan\u021bare overnight pentru pozi\u021biile men\u021binute peste noapte <\/p>\n<\/li><li><p>Weekend fees, care reprezint\u0103 de trei ori overnight fees, pentru p\u0103strarea pozi\u021biilor deschise pe perioada weekend-ului<\/p>\n<\/li><li><p>Spread-uri care pot afecta profitabilitatea tranzac\u021biilor pe termen scurt<\/p>\n<\/li><li><p>Risc de lichiditate \u00een perioade de volatilitate extrem\u0103<\/p>\n<\/li><\/ul><\/div>\n\n\n<p>Nu putem \u00eencheia subiectul CFD-urilor f\u0103r\u0103 un disclaimer:<\/p>\n\n\n<div class=\"fn_block block_fn_msg_box warning\"><div class=\"fn_block__icon\"><\/div><p>CFD-urile sunt instrumente complexe, care de cele mai multe ori aduc pierderi investitorilor neexperimenta\u021bi.\u00a0<\/p>\n<p>Acesta este \u0219i motivul pentru care noi nu le recomand\u0103m dec\u00e2t celor care \u0219tiu s\u0103 le foloseasc\u0103.<\/p><\/div>\n\n<div class=\"fn_block block_fn_items fields_containeris-hidden\"><h3 id=\"Investete_n_CFD_cu_suport_pe_aur_prin_XTB\">Investe\u0219te \u00een CFD cu suport pe aur prin XTB<\/h3><div class=\"items-content__cards\"><div class=\"items-content__card \" data-header=\"\"><div class=\"items-content__card-top\"><div class=\"items-content__card-left\"><a href=\"https:\/\/financer.ro\/companie\/xtb-review\/\" class=\"items-content__card-logo \" ><img decoding=\"async\" width=\"200\" height=\"75\" src=\"https:\/\/financer.global\/app\/uploads\/sites\/14\/2021\/09\/xtb.png\" class=\"attachment-full size-full\" alt=\"xtb\" \/><\/a><span class=\"items-content__card-chosen\">Ales <strong>2.843<\/strong> ori<\/span><ul class=\"items-content__card-list\"><li >Po\u021bi investi \u00een peste 5600 produse<\/li><li >Broker autorizat KNF \u0219i \u00eenscris \u00een registrele celor mai importante autorit\u0103\u021bi de supraveghere din lume, inclusiv ASF \u00een Rom\u00e2nia<\/li><li >Platform\u0103 intuitiv\u0103 \u0219i u\u0219or de utilizat at\u00e2t de pe telefonul mobil, c\u00e2t \u0219i de pe desktop<\/li><\/ul><\/div><div class=\"items-content__card-datapoint-container\"><div class=\"items-content__card-datapoint\"><span class=\"items-content__card-datapoint-title\">Comision tranzac\u021bionare CFD aur<\/span><span class=\"items-content__card-datapoint-value\">Mark-up inclus \u00een spread de 0.15% la \u00eenchidere \u0219i la deschidere<\/span><\/div><div class=\"items-content__card-datapoint\"><span class=\"items-content__card-datapoint-title\">Spread \u021bint\u0103<\/span><span class=\"items-content__card-datapoint-value\">0.35<\/span><\/div><div class=\"items-content__card-datapoint\"><span class=\"items-content__card-datapoint-title\">Levier maxim<\/span><span class=\"items-content__card-datapoint-value\">1:20<\/span><\/div><div class=\"items-content__card-datapoint\"><span class=\"items-content__card-datapoint-title\">Tx\u0103 conversie valutar\u0103<\/span><span class=\"items-content__card-datapoint-value\">0.5%<\/span><\/div><\/div><div class=\"items-content__card-right\"><a href=\"https:\/\/financer.ro\/companie\/xtb-review\/redirect\/\" data-url_param_unq=\"\"  data-url_param_pid=\"18297\" data-url_param_t=\"company_single\" class=\"button is-primary is-rounded is-arrow items-content__card-see-offer items-content__card-see-offer--\" target=\"_blank\" rel=\"sponsored nofollow\">Vezi oferta<\/a><a href=\"https:\/\/financer.ro\/companie\/xtb-review\/\"  class=\"button is-rounded items-content__card-more-info\">Detalii aici<\/a><a href=\"https:\/\/financer.ro\/companie\/xtb-review\/#read-reviews\" class=\"simple-rating\"><div class=\"simple-rating__stars simple-rating__stars--right\"><img decoding=\"async\" src=\"https:\/\/financer.global\/app\/themes\/financer-v2\/assets\/images\/stars\/star_rating_blue.svg\" alt=\"rating_blue\" style=\"width: 18px;\"><img decoding=\"async\" src=\"https:\/\/financer.global\/app\/themes\/financer-v2\/assets\/images\/stars\/star_rating_blue.svg\" alt=\"rating_blue\" style=\"width: 18px;\"><img decoding=\"async\" src=\"https:\/\/financer.global\/app\/themes\/financer-v2\/assets\/images\/stars\/star_rating_blue.svg\" alt=\"rating_blue\" style=\"width: 18px;\"><img decoding=\"async\" src=\"https:\/\/financer.global\/app\/themes\/financer-v2\/assets\/images\/stars\/star_rating_blue.svg\" alt=\"rating_blue\" style=\"width: 18px;\"><img decoding=\"async\" src=\"https:\/\/financer.global\/app\/themes\/financer-v2\/assets\/images\/stars\/star_rating_blue.svg\" alt=\"rating_blue\" style=\"width: 18px;\"><\/div><span class=\"simple-rating-value rating_green\" data-rating-value=\"5\">5.0<\/span><\/a><span class=\"items-content__card-reviews\">Cite\u0219te&nbsp;<a href=\"https:\/\/financer.ro\/companie\/xtb-review\/#read-reviews\">1<\/strong>&nbsp;recenzii<\/a><\/div><\/div><div class=\"items-content__card-description\" >CFD-urile sunt instrumente complexe \u0219i au un risc ridicat de a pierde rapid bani din cauza efectului de levier. \u00centre 76 \u0219i 83 % din conturile investitorilor de retail pierd bani atunci c\u00e2nd tranzac\u021bioneaz\u0103 CFD-uri cu acest furnizor.<\/div><\/div><\/div><\/div>\n\n\n<h3 class=\"wp-block-heading\" id=\"Investiii_n_aur_prin_ETF_uri_de_aur\">Investi\u021bii \u00een aur prin ETF-uri de aur<\/h3>\n\n\n\n<p><a href=\"https:\/\/financer.ro\/investitii\/etf\/\">ETF-urile<\/a> (Exchange Traded Funds) de aur sunt fonduri care urm\u0103resc pre\u021bul aurului \u0219i pot fi tranzac\u021bionate la fel de u\u0219or ca ac\u021biunile, prin intermediul unui <a href=\"https:\/\/financer.ro\/economii\/cum-alegi-cel-mai-bun-broker\/\" data-type=\"page\" data-id=\"20396\">broker online<\/a>.<\/p>\n\n\n\n<p>Spre deosebire de CFD-uri, c\u00e2nd cumperi un ETF de aur, de\u021bii de fapt o parte dintr-un fond care de\u021bine aur fizic sub diverse forme \u0219i derivate cu suport pe aur.<\/p>\n\n\n\n<p><strong>ETF-urile de aur sunt o op\u021biune excelent\u0103 pentru investitorii pe termen lung<\/strong>\u00a0care vor expunere pe pia\u021ba aurului f\u0103r\u0103 complica\u021biile de\u021binerii fizice. <\/p>\n\n\n\n<p>Totodat\u0103, sunt alegerea ideal\u0103 \u0219i pentru investitorii \u00eencep\u0103tori, fiind produse relativ simplu de \u00een\u021beles.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">C\u00e2teva avantaje cheie ale ETF-urilor de aur:<\/h4>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"like\"><li><p>Costuri reduse de administrare comparativ cu fondurile mutuale tradi\u021bionale<\/p>\n<\/li><li><p>Lichiditate ridicat\u0103 &#8211; po\u021bi cump\u0103ra \u0219i vinde oric\u00e2nd \u00een timpul orelor de tranzac\u021bionare<\/p>\n<\/li><li><p>Transparen\u021b\u0103 &#8211; structura \u0219i performan\u021ba fondului sunt u\u0219or de urm\u0103rit<\/p>\n<\/li><\/ul><\/div>\n\n\n<h4 class=\"wp-block-heading\">Dezavantaje de luat \u00een calcul:<\/h4>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"dislike\"><li><p>Nu ai control direct asupra aurului fizic<\/p>\n<\/li><li><p>Pot exista mici discrepan\u021be \u00eentre performan\u021ba ETF-ului \u0219i pre\u021bul spot al aurului<\/p>\n<\/li><li><p>Unele ETF-uri pot avea o expunere indirect\u0103 la aur prin derivative, ceea ce adaug\u0103 un strat de complexitate<\/p>\n<\/li><\/ul><\/div>\n\n\n<p>Conform celor mai recente date, \u00een octombrie 2024, ETF-urile de aur au \u00eenregistrat intr\u0103ri nete de 4.3 mld USD,\u00a0conform datelor <a href=\"https:\/\/www.gold.org\/goldhub\/data\/global-gold-backed-etf-holdings-and-flows\">World Gold Council<\/a>, ajung\u00e2nd la o capitalizare total\u0103 de 286 mld USD, fapt care demonstreaz\u0103 \u00eencrederea investitorilor \u00een astfel de instrumente.<\/p>\n\n\n<div class=\"fn_block block_fn_items fields_containeris-hidden\"><h3 id=\"Investete_n_ETF_cu_suport_pe_aur_prin_eToro\">Investe\u0219te \u00een ETF cu suport pe aur prin eToro<\/h3><div class=\"items-content__cards\"><div class=\"items-content__card \" data-header=\"\"><div class=\"items-content__card-top\"><div class=\"items-content__card-left\"><a href=\"https:\/\/financer.ro\/companie\/etoro\/\" class=\"items-content__card-logo \" ><img decoding=\"async\" width=\"250\" height=\"69\" src=\"https:\/\/financer.global\/app\/uploads\/sites\/14\/2020\/04\/etoro.png\" class=\"attachment-full size-full\" alt=\"etoro\" srcset=\"https:\/\/financer.global\/app\/uploads\/sites\/14\/2020\/04\/etoro.png 250w, https:\/\/financer.global\/app\/uploads\/sites\/14\/2020\/04\/etoro-246x69.png 246w\" sizes=\"(max-width: 250px) 100vw, 250px\" \/><\/a><span class=\"items-content__card-chosen\">Ales <strong>64.890<\/strong> ori<\/span><ul class=\"items-content__card-list\"><li >Cea mai mare platform\u0103 de tranzac\u021bionare de pe pia\u021b\u0103<\/li><li >Ofer\u0103 acces la peste 6000 produse<\/li><li >Func\u021bii ideale \u00eencep\u0103torilor, cum ar fi Social Trading \u0219i Copy Portfolios<\/li><li >Platform\u0103 tradus\u0103 \u00een limba rom\u00e2n\u0103<\/li><\/ul><\/div><div class=\"items-content__card-datapoint-container\"><div class=\"items-content__card-datapoint\"><span class=\"items-content__card-datapoint-title\">Taxe de brokeraj pentru ETF aur<\/span><span class=\"items-content__card-datapoint-value\">0 USD<\/span><\/div><div class=\"items-content__card-datapoint\"><span class=\"items-content__card-datapoint-title\">De\u021bii activul subiacent al ETF-ul cump\u0103rat<\/span><span class=\"items-content__card-datapoint-value\">Da<\/span><\/div><div class=\"items-content__card-datapoint\"><span class=\"items-content__card-datapoint-title\">Trading frac\u021bionar<\/span><span class=\"items-content__card-datapoint-value\">Da<\/span><\/div><div class=\"items-content__card-datapoint\"><span class=\"items-content__card-datapoint-title\">ETF-uri pe aur disponibile<\/span><span class=\"items-content__card-datapoint-value\">7<\/span><\/div><\/div><div class=\"items-content__card-right\"><a href=\"https:\/\/financer.ro\/companie\/etoro\/redirect\/\" data-url_param_unq=\"\"  data-url_param_pid=\"6252\" data-url_param_t=\"company_single\" class=\"button is-primary is-rounded is-arrow items-content__card-see-offer items-content__card-see-offer--\" target=\"_blank\" rel=\"sponsored nofollow\">Vezi oferta<\/a><a href=\"https:\/\/financer.ro\/companie\/etoro\/\"  class=\"button is-rounded items-content__card-more-info\">Detalii aici<\/a><a href=\"https:\/\/financer.ro\/companie\/etoro\/#read-reviews\" class=\"simple-rating\"><div class=\"simple-rating__stars simple-rating__stars--right\"><img decoding=\"async\" src=\"https:\/\/financer.global\/app\/themes\/financer-v2\/assets\/images\/stars\/star_rating_blue.svg\" alt=\"rating_blue\" style=\"width: 18px;\"><img decoding=\"async\" src=\"https:\/\/financer.global\/app\/themes\/financer-v2\/assets\/images\/stars\/star_rating_blue.svg\" alt=\"rating_blue\" style=\"width: 18px;\"><img decoding=\"async\" src=\"https:\/\/financer.global\/app\/themes\/financer-v2\/assets\/images\/stars\/star_rating_blue.svg\" alt=\"rating_blue\" style=\"width: 18px;\"><img decoding=\"async\" src=\"https:\/\/financer.global\/app\/themes\/financer-v2\/assets\/images\/stars\/star_rating_blue.svg\" alt=\"rating_blue\" style=\"width: 18px;\"><img decoding=\"async\" src=\"https:\/\/financer.global\/app\/themes\/financer-v2\/assets\/images\/stars\/star_half_rating_blue.svg\" alt=\"rating_blue\" style=\"width: 18px;\"><\/div><span class=\"simple-rating-value rating_green\" data-rating-value=\"4.8\">4.8<\/span><\/a><span class=\"items-content__card-reviews\">Cite\u0219te&nbsp;<a href=\"https:\/\/financer.ro\/companie\/etoro\/#read-reviews\">13<\/strong>&nbsp;recenzii<\/a><\/div><\/div><div class=\"items-content__card-description\" >51 % dintre conturile de investitori de retail pierd bani atunci c\u00e2nd tranzac\u021bioneaz\u0103 CFD-uri cu acest furnizor. Ar trebui s\u0103 v\u0103 g\u00e2ndi\u021bi dac\u0103 \u00een\u021belege\u021bi cum func\u021bioneaz\u0103 CFD-urile \u0219i dac\u0103 v\u0103 pute\u021bi permite s\u0103 v\u0103 asuma\u021bi riscul mare de a v\u0103 pierde banii.<\/div><\/div><\/div><\/div>\n\n\n<p>Indiferent dac\u0103 alegi CFD-uri sau ETF-uri, ambele op\u021biuni \u00ee\u021bi ofer\u0103 o cale modern\u0103 \u0219i eficient\u0103 de a investi \u00een aur.<\/p>\n\n\n\n<p>Analizeaz\u0103-\u021bi obiectivele investi\u021bionale, toleran\u021ba la risc \u0219i orizontul de timp pentru a decide care instrument \u021bi se potrive\u0219te mai bine.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Investiii_n_aur_prin_aciuni\">Investi\u021bii \u00een aur prin ac\u021biuni<\/h3>\n\n\n\n<p>Aici se poate s\u0103 ai un mic semn de \u00eentrebare, nu-i a\u0219a? Cum adic\u0103 po\u021bi investi \u00een aur cump\u0103r\u00e2nd ac\u021biuni?<\/p>\n\n\n\n<p>Ei bine, un al treilea mod prin care po\u021bi inveti \u00een aur online este indirect, prin achizi\u021bionarea de ac\u021biuni ale companiilor din industria minier\u0103.<\/p>\n\n\n\n<p>Exist\u0103 numeroase astfel de societ\u0103\u021bi, dar printre cele mai renumite dintre ele le-am enumera pe (cifrele din dreptul lor reprezint\u0103 randamentul YTD p\u00e2n\u0103 la jum\u0103tatea lui noiembrie 2024):<\/p>\n\n\n\n<ul>\n<li>Newmont Corporation (NEM): -1.72%<\/li>\n\n\n\n<li>Barrick Gold Corporation (GOLD): -6.85%<\/li>\n\n\n\n<li>Franco-Nevada Corporation (FNV): +3.98%<\/li>\n<\/ul>\n\n\n\n<p>Noi nu am recomanda, neap\u0103rat, investi\u021bia \u00een ac\u021biuni ale companiilor din industria aurifer\u0103 atunci c\u00e2nd vrei s\u0103 te axezi pe investi\u021bii \u00een aur.<\/p>\n\n\n\n<p>Rezultatul acestor societ\u0103\u021bi, cu toate c\u0103 depinde de valoarea aurului, de multe ori nu va avea acela\u0219i randament cu cel al metalului valoros. <\/p>\n\n\n\n<p>Vezi \u0219i din exemplele prezentate aici, care, dup\u0103 cum spuneam, sunt cam cele mai mari companii miniere din lume, \u00eens\u0103 randamentele lor sunt unele net inferioare celor pe care le-au avut at\u00e2t aurul fizic c\u00e2t \u0219i ETF-urile cu suport pe aur.<\/p>\n\n\n\n<p>Iar asta se datoreaz\u0103, \u00een special, riscurilor generale cu care vin ac\u021biunile:<\/p>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"check\"><li><p>Volatilitate crescut\u0103 &#8211; ac\u021biunile vin de regul\u0103 cu fluctua\u021bii mari de pre\u021b<\/p>\n<\/li><li><p>Risc opera\u021bional &#8211; accidente, greve sau probleme de management pot afecta dramatic pre\u021bul ac\u021biunilor<\/p>\n<\/li><li><p>Dependen\u021ba de management &#8211; succesul investi\u021biei tale depinde de deciziile echipei de conducere<\/p>\n<\/li><li><p>Costuri de produc\u021bie &#8211; dac\u0103 acestea cresc, profiturile companiei scad, chiar dac\u0103 pre\u021bul aurului urc\u0103<\/p>\n<\/li><\/ul><\/div>\n\n\n<h4 class=\"wp-block-heading\">Solu\u021bia pentru \u00eencep\u0103tori? ETF-uri<\/h4>\n\n\n\n<p>Ei bine, da, po\u021bi investi \u00een companii din industria aurului tot prin intermediul ETF-uri. <\/p>\n\n\n\n<p>Iar aceast\u0103 op\u021biune este chiar una ideal\u0103 pentru \u00eencep\u0103tori pentru c\u0103 reduce mult riscul comparativ cu investi\u021bia \u00een ac\u021biuni individuale datorit\u0103 diversific\u0103rii cu care ETF-urile vor veni.<\/p>\n\n\n\n<p>Iat\u0103 c\u00e2teva dintre fondurile tranzac\u021bionate la burs\u0103 care con\u021bin companii din industria minier\u0103:<\/p>\n\n\n\n<figure class=\"wp-block-table shortcode-no\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>ETF <\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Simbol<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Randament YTD<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Randament ultimii 5 ani<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Num\u0103r companii<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Expense Ratio<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Disponibil pe<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">VanEck Junior Gold Miners ETF<\/td><td class=\"has-text-align-center\" data-align=\"center\">GDXJ<\/td><td class=\"has-text-align-center\" data-align=\"center\">31.08%<\/td><td class=\"has-text-align-center\" data-align=\"center\">39.90%<\/td><td class=\"has-text-align-center\" data-align=\"center\">82<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.55%<\/td><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/financer.ro\/companie\/etoro\/redirect\/\" data-type=\"company_single\" data-id=\"6252\" rel=\"sponsored noopener nofollow\" target=\"_blank\">eToro<\/a>, <a href=\"https:\/\/financer.ro\/companie\/xtb-review\/redirect\/\" data-type=\"company_single\" data-id=\"18297\" rel=\"sponsored noopener nofollow\" target=\"_blank\">XTB<\/a>, <a href=\"https:\/\/financer.ro\/companie\/freedom24\/redirect\/\" data-type=\"company_single\" data-id=\"77975\" rel=\"sponsored noopener nofollow\" target=\"_blank\">Freedom24<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Direxion Daily Gold Miners Index Bull 2x Shares<\/td><td class=\"has-text-align-center\" data-align=\"center\">NUGT<\/td><td class=\"has-text-align-center\" data-align=\"center\">20.07%<\/td><td class=\"has-text-align-center\" data-align=\"center\">-68.76%<\/td><td class=\"has-text-align-center\" data-align=\"center\">2<\/td><td class=\"has-text-align-center\" data-align=\"center\">1.18%<\/td><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/financer.ro\/companie\/etoro\/redirect\/\" data-type=\"company_single\" data-id=\"6252\" rel=\"sponsored noopener nofollow\" target=\"_blank\">eToro<\/a>, <a href=\"https:\/\/financer.ro\/companie\/freedom24\/redirect\/\" data-type=\"company_single\" data-id=\"77975\" rel=\"sponsored noopener nofollow\" target=\"_blank\">Freedom24<\/a><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">iShares Gold Producers<\/td><td class=\"has-text-align-center\" data-align=\"center\">IAU<\/td><td class=\"has-text-align-center\" data-align=\"center\">24.84%<\/td><td class=\"has-text-align-center\" data-align=\"center\">48.48%<\/td><td class=\"has-text-align-center\" data-align=\"center\">59<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.55%<\/td><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/financer.ro\/companie\/etoro\/redirect\/\" data-type=\"company_single\" data-id=\"6252\" rel=\"sponsored noopener nofollow\" target=\"_blank\">eToro<\/a>, <a href=\"https:\/\/financer.ro\/companie\/xtb-review\/redirect\/\" data-type=\"company_single\" data-id=\"18297\" rel=\"sponsored noopener nofollow\" target=\"_blank\">XTB<\/a>, <a href=\"https:\/\/financer.ro\/companie\/freedom24\/redirect\/\" data-type=\"company_single\" data-id=\"77975\" rel=\"sponsored noopener nofollow\" target=\"_blank\">Freedom24<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Cum_poi_investi_n_aur_online\">Cum po\u021bi investi \u00een aur online<\/h3>\n\n\n\n<p>Pentru a investi \u00een aur prin CFD-uri, ETF-uri sau ac\u021biuni, primul pas este s\u0103 \u00ee\u021bi deschizi un cont la un\u00a0<a href=\"https:\/\/financer.ro\/economii\/cum-alegi-cel-mai-bun-broker\/\" target=\"_blank\" rel=\"noreferrer noopener\">broker online de \u00eencredere<\/a>. Iat\u0103 o compara\u021bie \u00eentre cele mai populare 4 platforme de la noi din \u021bar\u0103:<\/p>\n\n\n\n<figure class=\"wp-block-table shortcode-no\"><table><thead><tr><th class=\"has-text-align-center\" data-align=\"center\">Caracteristic\u0103<\/th><th class=\"has-text-align-center\" data-align=\"center\">eToro<\/th><th class=\"has-text-align-center\" data-align=\"center\">XTB<\/th><th class=\"has-text-align-center\" data-align=\"center\">Freedom24<\/th><th class=\"has-text-align-center\" data-align=\"center\">Admiral Markets<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Nr. produse disponibile<\/td><td class=\"has-text-align-center\" data-align=\"center\">6000+<\/td><td class=\"has-text-align-center\" data-align=\"center\">5600+<\/td><td class=\"has-text-align-center\" data-align=\"center\">40000+<\/td><td class=\"has-text-align-center\" data-align=\"center\">8000+<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Comision CFD-uri aur<\/td><td class=\"has-text-align-center\" data-align=\"center\">0%<\/td><td class=\"has-text-align-center\" data-align=\"center\">0%<\/td><td class=\"has-text-align-center\" data-align=\"center\">N\/A<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.37%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Comision ETF-uri<\/td><td class=\"has-text-align-center\" data-align=\"center\">0%<\/td><td class=\"has-text-align-center\" data-align=\"center\">0%<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.02-0.5%<\/td><td class=\"has-text-align-center\" data-align=\"center\">0%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Comision ac\u021biuni<\/td><td class=\"has-text-align-center\" data-align=\"center\">0%<\/td><td class=\"has-text-align-center\" data-align=\"center\">0%<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.02-0.5%<\/td><td class=\"has-text-align-center\" data-align=\"center\">0%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Spread CFD aur<\/td><td class=\"has-text-align-center\" data-align=\"center\">De la 45 pips<\/td><td class=\"has-text-align-center\" data-align=\"center\">De la 35 pips<\/td><td class=\"has-text-align-center\" data-align=\"center\">N\/A<\/td><td class=\"has-text-align-center\" data-align=\"center\">De la 50 pips<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Leverage max. CFD aur<\/td><td class=\"has-text-align-center\" data-align=\"center\">1:20<\/td><td class=\"has-text-align-center\" data-align=\"center\">1:20<\/td><td class=\"has-text-align-center\" data-align=\"center\">N\/A<\/td><td class=\"has-text-align-center\" data-align=\"center\">1:20<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Tax\u0103 inactivitate<\/td><td class=\"has-text-align-center\" data-align=\"center\">$10\/lun\u0103 dup\u0103 12 luni<\/td><td class=\"has-text-align-center\" data-align=\"center\">10\u20ac\/lun\u0103 dup\u0103 365 zile<\/td><td class=\"has-text-align-center\" data-align=\"center\">0<\/td><td class=\"has-text-align-center\" data-align=\"center\">$10\/lun\u0103 dup\u0103 24 luni<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Tax\u0103 schimb valutar<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.5%<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.5%<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.5%<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.5%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Depozit minim<\/td><td class=\"has-text-align-center\" data-align=\"center\">100$<\/td><td class=\"has-text-align-center\" data-align=\"center\">0$<\/td><td class=\"has-text-align-center\" data-align=\"center\">0$<\/td><td class=\"has-text-align-center\" data-align=\"center\">100$<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Cont demo<\/td><td class=\"has-text-align-center\" data-align=\"center\">Da<\/td><td class=\"has-text-align-center\" data-align=\"center\">Da<\/td><td class=\"has-text-align-center\" data-align=\"center\">Nu<\/td><td class=\"has-text-align-center\" data-align=\"center\">Da<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Func\u021bii unice<\/td><td class=\"has-text-align-center\" data-align=\"center\">CopyTrading<\/td><td class=\"has-text-align-center\" data-align=\"center\">Plan de Investi\u021bii<\/td><td class=\"has-text-align-center\" data-align=\"center\">Acces IPO-uri<\/td><td class=\"has-text-align-center\" data-align=\"center\">Cont PAMM<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Apoi, nu-\u021bi r\u0103m\u00e2ne dec\u00e2t s\u0103 alimentezi contul \u0219i s\u0103 alegi produsul asupra c\u0103ruia te-am decis.<\/p>\n\n\n\n<p>Dac\u0103 ar fi s\u0103 ne \u00eentrebi pe noi care ar fi cele mai bune platforme pe care le po\u021bi alege pentru a investi \u00een aur online, am recomanda eToro \u0219i XTB, care vin cu c\u00e2teva avantaje specifice:<\/p>\n\n\n\n<ul>\n<li>Tranzac\u021bionarea de ETF-uri f\u0103r\u0103 taxe de brokeraj<\/li>\n\n\n\n<li>Po\u021bi achizi\u021biona doar frac\u021bii ale ETF-urilor cu suport pe aur<\/li>\n\n\n\n<li>Taxele pentru CFD-uri sunt unele acceptabile<\/li>\n\n\n\n<li>Sunt g\u00e2ndite pentru \u00eencep\u0103tori, av\u00e2nd aplica\u021bii propri foarte u\u0219or de utilizat<\/li>\n\n\n\n<li>Vin cu func\u021bii dedicate \u00eencep\u0103torilor, cum ar fi CopyTrading \u0219i Smart Portfolio eToro, respectiv Plan de Investi\u021bii XTB<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-columns 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\"><div class=\"fn_block block_fn_button block_fn_button__sponsored buttons  is-flex is-flex-direction-column is-align-items-center\"><a href=\"https:\/\/financer.ro\/companie\/etoro\/redirect\/\" class=\"button  is-rounded is-primary is-medium is-arrow\" target=\"_blank\"  rel=\"sponsored nofollow\">Investe\u0219te \u00een aur cu eToro<\/a>\n        <span class=\"block_fn_button__disclaimer block_fn_button__disclaimer--center\" >\n            51% din conturile de investitori de retail pierd bani atunci c\u00e2nd tranzac\u021bioneaz\u0103 CFD-uri cu acest furnizor. Ar trebui s\u0103 te g\u00e2nde\u0219ti dac\u0103 \u00ee\u021bi po\u021bi permite s\u0103 \u00ee\u021bi asumi riscul mare de a-\u021bi pierde banii.\n        <\/span>\n    <\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"fn_block block_fn_button block_fn_button__sponsored buttons  is-flex is-flex-direction-column is-align-items-center\"><a href=\"https:\/\/financer.ro\/companie\/xtb-review\/redirect\/\" class=\"button  is-rounded is-primary is-medium is-arrow\" target=\"_blank\"  rel=\"sponsored nofollow\">Investe\u0219te \u00een aur cu XTB<\/a>\n        <span class=\"block_fn_button__disclaimer block_fn_button__disclaimer--center\" >\n            76% din conturile de investitori de retail pierd bani atunci c\u00e2nd tranzac\u021bioneaz\u0103 CFD-uri cu acest furnizor. Ar trebui s\u0103 te g\u00e2nde\u0219ti dac\u0103 \u00ee\u021bi po\u021bi permite s\u0103 \u00ee\u021bi asumi riscul mare de a-\u021bi pierde banii.\n        <\/span>\n    <\/div><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Ghid_pentru_achiziia_aurului_fizic_n_Romnia\">Ghid pentru achizi\u021bia aurului fizic \u00een Rom\u00e2nia<\/h2>\n\n\n\n<p>Investi\u021bia \u00een aur fizic \u00eenseamn\u0103 s\u0103 cumperi \u0219i s\u0103 de\u021bii efectiv metal pre\u021bios sub form\u0103 de lingouri sau monede. <\/p>\n\n\n\n<p>\u00cen Rom\u00e2nia, cererea de aur cre\u0219te de la un an la altul. Numai un singur magazin online a anun\u021bat c\u0103 \u00een ziua de Black Friday 2024 a v\u00e2ndut <a href=\"https:\/\/stirileprotv.ro\/stiri\/black-friday\/bf\/black-friday-atipic-la-emag-6-1-kg-aur-17-autoturisme-si-47-tone-carne-de-porc-si-mezeluri-vandute-pana-la-19-30.html\">peste 6.1 kg aur<\/a>.<\/p>\n\n\n\n<p>Pare simplu, nu? Ei bine, lucrurile sunt pu\u021bin mai complicate, din p\u0103cate.<\/p>\n\n\n\n<p>De\u0219i aurul fizic are farmecul s\u0103u, vine la pachet cu c\u00e2teva dezavantaje serioase pe care dorim s\u0103 le prezent\u0103m \u00eenc\u0103 din start.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Dezavantaje_investiii_n_aur_fizic\">Dezavantaje investi\u021bii \u00een aur fizic<\/h3>\n\n\n\n<p>C\u00e2teva dintre dezavantaje sunt destul de simplu de \u00een\u021beles \u0219i nu trebuie s\u0103 detaliem prea mult asupra lor, cum ar fi<\/p>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"check\"><li><p>Risc de furt: Ho\u021bii ador\u0103 aurul la fel de mult ca \u0219i tine<\/p>\n<\/li><li><p> Risc de pierdere: Un incendiu sau o inunda\u021bie pot transforma investi\u021bia ta \u00een scrum<\/p>\n<\/li><li><p>Costuri de depozitare: Seifurile bancare nu sunt gratis<\/p>\n<\/li><\/ul><\/div>\n\n\n<p>Asupra altora, \u00eens\u0103, credem c\u0103 este bine s\u0103 aprofund\u0103m:<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"rascumparare-aur\">Lichiditate sc\u0103zut\u0103<\/h4>\n\n\n\n<p>De cump\u0103rat po\u021bi cump\u0103ra aur fizic destul de simplu &#8211; exist\u0103 site-uri specializate unde din trei click-uri ai devenit posesorul unui lingou\/gram\/moned\u0103. Problema se pune la v\u00e2nzare.<\/p>\n\n\n\n<p>Practic, pentru a-\u021bi lichida investi\u021bia, ai urm\u0103toarele patru variante la dispozi\u021bie:<\/p>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"check\"><li><p>Achizi\u021bia din start a aurului de la companii acreditate care se oblig\u0103 s\u0103 \u00ee\u021bi \u0219i r\u0103scumpere activul atunci c\u00e2nd tu dore\u0219ti, \u00eens\u0103 aici vei pierde ceva procente din valoarea real\u0103 a metalului.<\/p>\n<p>Din analizele pe care le-am f\u0103cut, cea mai bun\u0103 ofert\u0103 de pe pia\u021b\u0103 la final de 2024 este de a primi 96 % din pre\u021bul BNR al aurului din ziua \u00een care dore\u0219ti s\u0103 vinzi \u2013 rezult\u00e2nd o pierdere de 4 % pentru tine.<\/p>\n<\/li><li><p>A doua op\u021biune este de a cump\u0103ra aur de la BCR. \u021ai se garanteaz\u0103 \u0219i r\u0103scump\u0103rarea lui, \u00eens\u0103 pentru a avea aceast\u0103 garan\u021bie, metalul s\u0103 fie p\u0103strat \u00een custodia BCR, lucru care cost\u0103. <\/p>\n<p>Costul se ridic\u0103 la 0.1% din valoarea aurului pe lun\u0103. Poate c\u0103 1.2% taxe pe an nu par mari, dar dac\u0103 ai \u021bine aurul 10 ani \u00een banc\u0103 va trebui s\u0103 ai o apreciere de minim 20% ca s\u0103 zici c\u0103 ai f\u0103cut o investi\u021bie care s\u0103 fi meritat c\u00e2t de c\u00e2t. <\/p>\n<\/li><li><p>Po\u021bi \u00eencerca s\u0103 vinzi aurul \u0219i la amanet. \u00cens\u0103, la data scrierii articolului, un gram de aur de 24 carate valora 393.41 lei pe burs\u0103. La dou\u0103 dintrele casele de amanet din \u021bar\u0103 despre care se spune c\u0103 ofer\u0103 cel mai mare pre\u021b pentru aur, acela\u0219i gram era cump\u0103rat cu 350 lei \u0219i, respectiv, 355 lei. <\/p>\n<p>Vorbim, a\u0219adar, de o diferen\u021b\u0103 de 11.13%, respectiv 9.76%. Considerabil\u0103. \u00cen plus, cei de la amanet vor trebui s\u0103 ia o mostr\u0103 din el pentru a-l analiza, oric\u00e2t de multe acte sau certificate doveditoare le-ai oferi, pentru a fi siguri de ceea ce cump\u0103r\u0103.<\/p>\n<\/li><li><p>A patra variant\u0103 este v\u00e2nzarea aurului direct la BNR, \u00eens\u0103 acest lucru vine cu un <a href=\"https:\/\/www.bnr.ro\/apage-Mobile.aspx?pid=404&amp;actId=85884\">comision de 5%<\/a>, pentru \u201eacoperirea pierderilor \u015fi cheltuielilor de prelucrare\u201d.<\/p>\n<\/li><li><p>Ultima op\u021biune, pe care nu o recomand\u0103m nicicum, este tranzac\u021bionarea de aur pe site-uri de anun\u021buri. Dar aici nu \u0219tii niciodat\u0103 ce cumperi, nu \u0219tii de cine dai c\u00e2nd vinzi, noi am exclude total aceast\u0103 variant\u0103.<\/p>\n<\/li><\/ul><\/div>\n\n\n<h4 class=\"wp-block-heading\">Spread mare<\/h4>\n\n\n\n<p>A\u0219a cum am prezentat deja, niciodat\u0103 nu vei putea vinde aurul fizic la pre\u021bul spot.<\/p>\n\n\n\n<p>Ca exemplu, la data scrierii articolului, pe site-ul Tavex un lingou de 20g aur era la v\u00e2nzare c\u0103tre client la pre\u021bul de 8043 lei \u0219i putea fi r\u0103scump\u0103rat la pre\u021bul de 7699 lei. Rezult\u0103 o diferen\u021b\u0103 de 4.28%.<\/p>\n\n\n\n<p>La Banca Na\u021bional\u0103, po\u021bi vinde aurul dar costurile sunt de 5%.<\/p>\n\n\n\n<p>La amanet, a\u0219a cum am prezentat \u00een sec\u021biunea de mai sus, lucrurile stau \u0219i mai r\u0103u.<\/p>\n\n\n\n<p>Acum, c\u0103 am prezentat toate dezavantajele cu care vin investi\u021biile \u00een aur fizic, dac\u0103 totu\u0219i vrei s\u0103 sim\u021bi greutatea metalului pre\u021bios \u00een m\u00e2n\u0103, iat\u0103 ce op\u021biuni ai:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Investiii_n_lingouri_de_aur\">Investi\u021bii \u00een lingouri de aur<\/h3>\n\n\n\n<p>Lingourile de aur sunt ca ni\u0219te c\u0103r\u0103mizi str\u0103lucitoare ale lumii financiare. Sunt buc\u0103\u021bi de aur pur, disponibile \u00een diferite greut\u0103\u021bi, de la 1 gram p\u00e2n\u0103 la 1 kilogram sau chiar mai mult.<\/p>\n\n\n\n<p><strong>Cel mai popular lingou \u00een Rom\u00e2nia c\u00e2nt\u0103re\u0219te 31.1 grame <\/strong>(<a href=\"https:\/\/ro.wikipedia.org\/wiki\/Uncie_troy\">o uncie troy<\/a>). De ce? E suficient de mic pentru a fi accesibil, dar suficient de mare pentru a merita efortul de a-l p\u0103stra \u00een siguran\u021b\u0103.<\/p>\n\n\n\n<p>C\u00e2nd cumperi un lingou, asigur\u0103-te c\u0103 are urm\u0103toarele:<\/p>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"check\"><li><p>Marcaj de puritate (minimum 99,99% pentru investi\u021bii)<\/p>\n<\/li><li><p>Num\u0103r de serie unic<\/p>\n<\/li><li><p>\u0218tampila produc\u0103torului acreditat<\/p>\n<\/li><li><p>Acte de provenien\u021b\u0103<\/p>\n<\/li><\/ul><\/div>\n\n\n<p>De unde le po\u021bi cump\u0103ra? Ai c\u00e2teva op\u021biuni:<\/p>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"check\"><li><p>Dealeri autoriza\u021bi: Tavex, Goldbars, Monet\u0103ria Statului<\/p>\n<\/li><li><p>B\u0103nci: BCR, BRD<\/p>\n<\/li><li><p>Online: Dar fii extrem de precaut \u0219i verific\u0103 reputa\u021bia v\u00e2nz\u0103torului &#8211; noi nu recomand\u0103m aceast\u0103 variant\u0103 \u00eentruc\u00e2t nu po\u021bi \u0219tii cu exactitate dac\u0103 achizi\u021bionezi ceea ce \u021bi se spune sau nu<\/p>\n<\/li><\/ul><\/div>\n\n\n<p>Pre\u021bul unui lingou fluctueaz\u0103 zilnic, urm\u0103rind cota\u021bia interna\u021bional\u0103 a aurului.\u00a0La data scrierii articolului, <strong>pre\u021bul era \u00een jur de 12.500 lei.<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\">R\u0103scump\u0103rare lingouri aur<\/h4>\n\n\n\n<p>Dup\u0103 cum am prezentat \u0219i <a href=\"#rascumparare-aur\">pu\u021bin mai sus<\/a>, ai c\u00e2teva variante pentru r\u0103scump\u0103rare, dar fiecare dintre ele vine cu pierderi pentru tine.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Investiii_n_monede_de_aur\">Investi\u021bii \u00een monede de aur<\/h3>\n\n\n\n<p>Monedele de aur sunt ca ni\u0219te lingouri mini, dar cu un plus de istorie \u0219i, uneori, cu valoare numismatic\u0103. Sunt populare pentru c\u0103 sunt mai u\u0219or de v\u00e2ndut \u0219i de transportat dec\u00e2t lingourile mari.<\/p>\n\n\n\n<p>Cele mai c\u0103utate monede \u00een Rom\u00e2nia sunt:<\/p>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"check\"><li><p>Coco\u0219eii de aur\u00a0(20 de franci francezi): C\u00e2nt\u0103resc 6.45 grame \u0219i au o puritate de 90% <\/p>\n<\/li><li><p>Krugerrand\u00a0(Africa de Sud): O uncie, 91.67% puritate <\/p>\n<\/li><li><p>American Eagle\u00a0(SUA): O uncie, 91.67% puritate <\/p>\n<\/li><li><p>Philharmoniker\u00a0(Austria): O uncie, 99.99% puritate<\/p>\n<\/li><\/ul><\/div>\n\n\n<h4 class=\"wp-block-heading\">Avantajele monedelor<\/h4>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"like\"><li><p>Mai u\u0219or de v\u00e2ndut dec\u00e2t lingourile<\/p>\n<\/li><li><p>Pot c\u00e2\u0219tiga valoare numismatic\u0103 \u00een timp<\/p>\n<\/li><li><p>Mai greu de falsificat dec\u00e2t lingourile<\/p>\n<\/li><\/ul><\/div>\n\n\n<h4 class=\"wp-block-heading\">Dezavantaje<\/h4>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"dislike\"><li><p>Spread mai mare la cump\u0103rare\/v\u00e2nzare<\/p>\n<\/li><li><p>Unele au puritate mai mic\u0103 dec\u00e2t lingourile de investi\u021bii<\/p>\n<\/li><\/ul><\/div>\n\n\n<p>Unde le cumperi? Acelea\u0219i locuri ca \u0219i lingourile, plus, eventual, c\u00e2\u021biva dealeri specializa\u021bi \u00een numismatic\u0103.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Investiii_n_aur_la_banc\">Investi\u021bii \u00een aur la banc\u0103<\/h3>\n\n\n\n<p>B\u0103ncile ofer\u0103 o cale aparent mai sigur\u0103 de a investi \u00een aur, dar aceast\u0103 cale vine cu propriile sale capcane.<\/p>\n\n\n\n<p>BNR \u0219i BCR v\u00e2nd lingouri \u0219i monede, dar aten\u021bie:\u00a0<strong>le r\u0103scump\u0103r\u0103 doar dac\u0103 le la\u0219i \u00een custodia lor<\/strong>. Custodie care vine cu costuri lunare de 0.1%.<\/p>\n\n\n\n<p>Dac\u0103 vrei s\u0103 cumperi aur de la b\u0103nci \u0219i s\u0103 \u00eel \u021bii acas\u0103, o po\u021bi face, \u00eens\u0103 BCR nu \u021bi-l va r\u0103scump\u0103ra, iar BNR o va face dar aplic\u00e2nd un comision de 5%.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Avantaje<\/h4>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"like\"><li><p>Securitate ridicat\u0103<\/p>\n<\/li><li><p>Nu trebuie s\u0103 te \u00eengrijorezi de depozitare<\/p>\n<\/li><li><p>Ai garantat\u0103 r\u0103scump\u0103rarea<\/p>\n<\/li><\/ul><\/div>\n\n\n<h4 class=\"wp-block-heading\">Dezavantaje<\/h4>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"dislike\"><li><p>Taxe de custodie: 1.2% pe an din valoarea aurului<\/p>\n<\/li><li><p>Spread destul de mare compar\u00e2nd cu pre\u021bul spot al aurului<\/p>\n<\/li><\/ul><\/div>\n\n\n<p>B\u0103ncile din Rom\u00e2nia au v\u00e2ndut peste 500 kg de aur \u00een 2024, ar\u0103t\u00e2nd un interes crescut pentru acest tip de investi\u021bie.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Investiii_n_bijuterii_de_aur___o_capcan_strlucitoare\">Investi\u021bii \u00een bijuterii de aur &#8211; o capcan\u0103 str\u0103lucitoare<\/h3>\n\n\n\n<p>Sun\u0103 tentant s\u0103-\u021bi cumperi bijuterii de aur \u0219i s\u0103 le consideri o investi\u021bie, nu? Din p\u0103cate, e o idee la fel de bun\u0103 ca a m\u00e2nca tort pentru vitamine.<\/p>\n\n\n\n<p>De ce bijuteriile nu sunt o investi\u021bie bun\u0103:<\/p>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"check\"><li><p><strong>Adaos comercial uria\u0219<\/strong>: Pl\u0103te\u0219ti nu doar pentru aur, ci \u0219i pentru design, brand, ambalaj. Acest adaos poate fi 50-100% peste valoarea aurului.<\/p>\n<\/li><li><p><strong>Cost de manoper\u0103<\/strong>: Munca artizanal\u0103 cost\u0103, \u0219i asta se adaug\u0103 la pre\u021b.<\/p>\n<\/li><li><p><strong>Puritate mai sc\u0103zut\u0103<\/strong>: Majoritatea bijuteriilor sunt de 14k (58,5% aur pur) sau 18k (75% aur pur). Nici nu pot fi comparate cu 24k (99,99%) pentru lingouri de investi\u021bii.<\/p>\n<\/li><li><p><strong>Dificultate la rev\u00e2nzare<\/strong>: Dac\u0103 \u00eencerci s\u0103 vinzi o bijuterie, vei primi de obicei doar valoarea aurului, ignor\u00e2nd complet costul designului \u0219i al manoperei.<\/p>\n<\/li><li><p><strong>Uzur\u0103<\/strong>: Bijuteriile se zg\u00e2rie \u0219i se uzeaz\u0103 \u00een timp, sc\u0103z\u00e2ndu-le valoarea.<\/p>\n<\/li><\/ul><\/div>\n\n\n<p><strong>Un exemplu concret<\/strong>: O br\u0103\u021bar\u0103 de aur de 10 grame, 14k, poate costa 4000 lei \u00eentr-un magazin. Dar valoarea aurului din ea e doar \u00een jur de 2.274 lei. Pierzi aproape 50% din start.<\/p>\n\n\n\n<p>Concluzia? Cump\u0103r\u0103 bijuterii pentru frumuse\u021bea \u0219i valoarea lor sentimental\u0103, nu ca investi\u021bie. Pentru investi\u021bii, r\u0103m\u00e2i pe lingouri \u0219i monede ca aur fizic.<\/p>\n\n\n\n<p>Dac\u0103 vrei totu\u0219i s\u0103 investe\u0219ti profitabil \u00een\u00a0metale pre\u021bioase, exist\u0103 op\u021biuni mult mai bune, cum ar fi ETF-urile sau chiar CFD-urile, dac\u0103 ai ceva mai mult\u0103 experien\u021b\u0103.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Avantajele_investiiilor_n_aur\">Avantajele investi\u021biilor \u00een aur<\/h2>\n\n\n\n<p>Indiferent de modul de abordare, aurul r\u0103m\u00e2ne o investi\u021bie atractiv\u0103 pentru mul\u021bi. Iat\u0103 de ce:<\/p>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"check\"><li><p><strong>Protec\u021bie \u00eempotriva infla\u021biei<\/strong>: Aurul \u00ee\u0219i p\u0103streaz\u0103 valoarea \u00een timp. \u00cen ultimii 56 ani, <a href=\"https:\/\/curvo.eu\/backtest\/en\/market-index\/gold-bullion-eur-hedged?currency=eur\">pre\u021bul aurului a crescut \u00een medie cu 7.92% pe an<\/a>, o valoare mai mare dec\u00e2t infla\u021bia \u00een majoritatea \u021b\u0103rilor. <\/p>\n<p>Ia g\u00e2nde\u0219te-te, ce puteai cump\u0103ra acum 30 ani cu 1000 lei vs ce po\u021bi cump\u0103ra azi, ca s\u0103 vezi ce puternic a fost impactul infla\u021biei asupra finan\u021belor tale. Dar aurul ar fi p\u0103strat aceea\u0219i putere de cump\u0103rare a banilor t\u0103i.<\/p>\n<\/li><li><p><strong>Diversificare<\/strong>: Aurul se comport\u0103 diferit fa\u021b\u0103 de alte active. C\u00e2nd bursa scade, aurul tinde s\u0103 creasc\u0103. E ca \u0219i cum ai avea o umbrel\u0103 financiar\u0103 pentru zilele ploioase ale economiei.<\/p>\n<\/li><li><p><strong>F\u0103r\u0103 risc de contrapartid\u0103<\/strong>: Spre deosebire de ac\u021biuni sau obliga\u021biuni, aurul nu depinde de performan\u021ba unei companii sau a unui guvern. Nu se va \u201epr\u0103bu\u0219i\u201d peste noapte c\u00e2nd vreo firm\u0103 sau guvern vor da faliment.<\/p>\n<\/li><li><p><strong>Valoare intrinsec\u0103<\/strong>: Aurul are utiliz\u0103ri practice \u00een industrie, tehnologie, plus ca podoabe. Deci, chiar dac\u0103 economia global\u0103 s-ar pr\u0103bu\u0219i m\u00e2ine, tot ar r\u0103m\u00e2ne cu o valoare.<\/p>\n<\/li><li><p><strong>Protec\u021bie geopolitic\u0103<\/strong>: \u00cen vremuri de criz\u0103 sau instabilitate politic\u0103, aurul devine un refugiu sigur. E ca o asigurare global\u0103 &#8211; vezi ce se \u00eent\u00e2mpl\u0103 \u0219i \u00een ziua de ast\u0103zi, c\u00e2nd aurul a atins maxime istorice (octombrie 2024).<\/p>\n<\/li><li><p><strong>Cerere constant\u0103<\/strong>: Industria bijuteriilor \u0219i cererea din partea b\u0103ncilor centrale asigur\u0103 o pia\u021b\u0103 stabil\u0103. Aurul a fost c\u0103utat timp de mii de ani \u0219i nu va \u201eie\u0219i din mod\u0103\u201d prea cur\u00e2nd.<\/p>\n<\/li><li><p><strong>Performan\u021b\u0103 bun\u0103 pe termen mediu \u0219i lung<\/strong>: \u00cen ultimii 5 ani aurul a oferit un randament anual mediu de 12.1%, \u00een vreme ce \u00een ultimii 10 ani de 8.0%. Nu e r\u0103u, nu?<\/p>\n<\/li><li><p><strong>Anonimat<\/strong>: Dac\u0103 de\u021bii aur fizic, e una dintre pu\u021binele investi\u021bii care \u00ee\u021bi ofer\u0103 discre\u021bie total\u0103. Perfect pentru cei care apreciaz\u0103 intimitatea financiar\u0103.<\/p>\n<\/li><li><p><strong>Valoare mondial\u0103<\/strong>: Cererea de aur este mare indiferent de \u021bar\u0103. Din Australia \u0219i p\u00e2n\u0103 \u00een Zimbabwe, toate \u021b\u0103rile au nevoie de aur, iar metalul va putea fi r\u0103scump\u0103rat oriunde te-ai afla.<\/p>\n<\/li><\/ul><\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"Dezavantajele_investiiilor_n_aur\">Dezavantajele investi\u021biilor \u00een aur<\/h2>\n\n\n\n<p>Investi\u021biile \u00een aur pot p\u0103rea str\u0103lucitoare, dar vin \u0219i cu c\u00e2teva umbre. Iat\u0103 principalele riscuri de care trebuie s\u0103 fii con\u0219tient<\/p>\n\n\n<div class=\"fn_block block_fn_pros_cons\"><ul class=\"check\"><li><p><strong>Volatilitatea pre\u021bului<\/strong>: Ca orice investi\u021biel, pre\u021bul aurului poate fluctua semnificativ pe termen scurt. De exemplu, \u00een martie 2020, pre\u021bul aurului a sc\u0103zut cu aproape 15% \u00een doar c\u00e2teva zile. Deci, dac\u0103 ai nevoie de bani rapid, s-ar putea s\u0103 fii nevoit s\u0103 vinzi la un pre\u021b dezavantajos.<\/p>\n<\/li><li><p><strong>Lipsa venitului pasiv<\/strong>: Aurul nu-\u021bi aduce dividende sau dob\u00e2nd\u0103. E ca un chiria\u0219 care nu pl\u0103te\u0219te chirie. Spre deosebire de ac\u021biuni sau obliga\u021biuni, singura ta \u0219ans\u0103 de c\u00e2\u0219tig e cre\u0219terea pre\u021bului.<\/p>\n<\/li><li><p><strong>Costuri de depozitare \u0219i asigurare<\/strong>: Dac\u0103 alegi aurul fizic, va trebui s\u0103-l p\u0103strezi undeva \u00een siguran\u021b\u0103. Seifurile bancare nu sunt gratuite, iar asigurarea pentru aur poate fi scump\u0103. Aceste costuri pot ajunge p\u00e2n\u0103 la 1-2% din valoarea aurului anual.<\/p>\n<\/li><li><p><strong>Risc de furt sau pierdere<\/strong>: Aurul fizic e o tenta\u021bie pentru ho\u021bi. \u0218i dac\u0103 \u00eel pierzi, este foarte greu de recuperat. Acest risc e mult mai mic pentru investi\u021biile \u00een aur online.<\/p>\n<\/li><li><p><strong>Spread mare la tranzac\u021bionare<\/strong>: C\u00e2nd cumperi sau vinzi aur fizic, diferen\u021ba \u00eentre pre\u021bul de cump\u0103rare \u0219i cel de v\u00e2nzare poate fi semnificativ\u0103. Po\u021bi pierde 4-10% din valoare doar din aceast\u0103 diferen\u021b\u0103.<\/p>\n<\/li><li><p><strong>Lichiditate redus\u0103<\/strong>: V\u00e2nzarea aurului fizic nu e la fel de simpl\u0103 ca v\u00e2nzarea unor ac\u021biuni. Trebuie s\u0103 g\u0103se\u0219ti un cump\u0103r\u0103tor, s\u0103 negociezi pre\u021bul \u0219i s\u0103 te ocupi de transport. ETF-urile de aur sunt mult mai u\u0219or de tranzac\u021bionat.<\/p>\n<\/li><li><p><strong>Riscul contrafacerii<\/strong>: Dac\u0103 nu e\u0219ti expert, po\u021bi c\u0103dea victima unor lingouri sau monede false. Acest risc e inexistent pentru investi\u021biile \u00een aur online.<\/p>\n<\/li><li><p><strong>Performan\u021b\u0103 pe termen lung sub alte active<\/strong>: Pe termen foarte lung, ac\u021biunile tind s\u0103 performeze mai bine dec\u00e2t aurul. S&amp;P 500 a oferit un <a href=\"https:\/\/www.businessinsider.com\/personal-finance\/investing\/average-stock-market-return#:~:text=The%20S%26P%20500%20has%20gained%20about%2010.5%25%20annually%20since%20its,investments%20over%20time%20can%20help.\">randament mediu anual de 10.5%<\/a> de la lansare, din 1957, \u00een timp ce aurul a crescut cu aproximativ 7.92% pe an \u00een acela\u0219i interval de timp.<\/p>\n<\/li><li><p><strong>Costuri de tranzac\u021bionare mai mari pentru cantit\u0103\u021bi mici<\/strong>: Dac\u0103 vrei s\u0103 investe\u0219ti sume mici regulat, costurile pentru aur fizic pot fi prohibitive. ETF-urile de aur sunt mult mai flexibile \u00een acest sens.<\/p>\n<\/li><\/ul><\/div>\n\n\n<p>Riscurile sunt \u00een general mai mari pentru aurul fizic comparativ cu investi\u021biile online \u00een aur. ETF-urile \u0219i alte instrumente financiare bazate pe aur ofer\u0103 o expunere similar\u0103, dar cu mai pu\u021bine b\u0103t\u0103i de cap \u0219i costuri mai mici.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Cum_alegem_s_investim_n_aur_ca_nceptori\">Cum alegem s\u0103 investim \u00een aur ca \u00eencep\u0103tori?<\/h2>\n\n\n\n<p>Investi\u021biile \u00een aur pot fi ca o ancor\u0103 stabil\u0103 \u00eentr-un portofoliu bine diversificat. <\/p>\n\n\n\n<p>Pentru \u00eencep\u0103tori, cele mai bune variante sunt ETF-urile \u0219i aurul fizic, fiecare cu propriile avantaje \u0219i dezavantaje. <\/p>\n\n\n\n<p>Alegerea depinde de preferin\u021bele \u0219i obiectivele tale investi\u021bionale \u0219i de modul \u00een care vrei s\u0103 \u00ee\u021bi gestionezi portofoliul investi\u021bional.<\/p>\n\n\n\n<p>Mai jos, am creat un tabel comparativ pentru a \u00een\u021belege mai bine diferen\u021bele dintre cele dou\u0103 forme de investi\u021bii.<\/p>\n\n\n\n<figure class=\"wp-block-table shortcode-no\"><table><thead><tr><th class=\"has-text-align-center\" data-align=\"center\">Caracteristic\u0103<\/th><th class=\"has-text-align-center\" data-align=\"center\">ETF-uri de aur<\/th><th class=\"has-text-align-center\" data-align=\"center\">Aur fizic (lingouri\/monede)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Accesibilitate<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Foarte u\u0219or, tranzac\u021bionare online prin platforme de brokeraj<\/td><td class=\"has-text-align-center\" data-align=\"center\">Necesit\u0103 achizi\u021bie de la dealeri autoriza\u021bi sau b\u0103nci<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Lichiditate<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Ridicat\u0103, se poate vinde instant pe burse, atunci c\u00e2nd acestea sunt deschise<\/td><td class=\"has-text-align-center\" data-align=\"center\">Sc\u0103zut\u0103, v\u00e2nzarea implic\u0103 timp \u0219i poten\u021biale pierderi din spread-uri \u0219i\/sau comisioane<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Costuri<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Comisioane de brokeraj reduse<\/td><td class=\"has-text-align-center\" data-align=\"center\">Costuri de achizi\u021bie ridicate, custodie \u0219i asigurare<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Risc de furt<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Inexistent, at\u00e2ta timp c\u00e2t alegi platforme de \u00eencredere; nu de\u021bii fizic aurul<\/td><td class=\"has-text-align-center\" data-align=\"center\">Ridicat, necesit\u0103 m\u0103suri de securitate<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Impactul infla\u021biei<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Protec\u021bie similar\u0103 cu aurul fizic<\/td><td class=\"has-text-align-center\" data-align=\"center\">Bun, aurul \u0219i-a men\u021binut valoarea \u00een timp sute de ani<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Posibilitatea de a investi sume mici<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">Da, se pot cump\u0103ra frac\u021bii de ETF-uri<\/td><td class=\"has-text-align-center\" data-align=\"center\">Nu, investi\u021bia necesit\u0103 achizi\u021bia unei cantit\u0103\u021bi minime de aur<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Complexitate<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">U\u0219or de gestionat, ideal pentru \u00eencep\u0103tori<\/td><td class=\"has-text-align-center\" data-align=\"center\">Mediu, necesit\u0103 aten\u021bie la depozitare \u0219i r\u0103scump\u0103rare<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Recomandarea_noastr\">Recomandarea noastr\u0103<\/h3>\n\n\n\n<p>Pentru \u00eencep\u0103tori, <strong>ETF-urile de aur sau cu suport pe companii din industrie<\/strong> reprezint\u0103 cea mai bun\u0103 solu\u021bie. <\/p>\n\n\n\n<p>Acestea ofer\u0103 expunere direct\u0103 la pre\u021bul aurului, sunt simplu de tranzac\u021bionat \u0219i nu vin cu b\u0103t\u0103ile de cap asociate cu depozitarea fizic\u0103.<\/p>\n\n\n\n<p>Dac\u0103, \u00eens\u0103, \u00ee\u021bi dore\u0219ti s\u0103 de\u021bii aur fizic pentru siguran\u021b\u0103 \u0219i diversificare, <strong>lingourile \u0219i monedele<\/strong> pot fi o op\u021biune potrivit\u0103, dar ia \u00een considerare costurile \u0219i riscurile asociate \u0219i cump\u0103r\u0103-le doar din surse sigure.<\/p>\n","protected":false},"author":77,"featured_media":79140,"comment_status":"open","ping_status":"closed","template":"","meta":{"disable_branded_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ep_exclude_from_search":false,"footnotes":""},"categories":[42],"_links":{"self":[{"href":"https:\/\/financer.ro\/wp-json\/wp\/v2\/wiki\/79115"}],"collection":[{"href":"https:\/\/financer.ro\/wp-json\/wp\/v2\/wiki"}],"about":[{"href":"https:\/\/financer.ro\/wp-json\/wp\/v2\/types\/wiki"}],"author":[{"embeddable":true,"href":"https:\/\/financer.ro\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/financer.ro\/wp-json\/wp\/v2\/comments?post=79115"}],"version-history":[{"count":12,"href":"https:\/\/financer.ro\/wp-json\/wp\/v2\/wiki\/79115\/revisions"}],"predecessor-version":[{"id":79143,"href":"https:\/\/financer.ro\/wp-json\/wp\/v2\/wiki\/79115\/revisions\/79143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financer.ro\/wp-json\/wp\/v2\/media\/79140"}],"wp:attachment":[{"href":"https:\/\/financer.ro\/wp-json\/wp\/v2\/media?parent=79115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financer.ro\/wp-json\/wp\/v2\/categories?post=79115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}