{"id":100928,"date":"2026-03-04T00:16:19","date_gmt":"2026-03-03T23:16:19","guid":{"rendered":"https:\/\/www.infokuryr.cz\/n\/?p=100928"},"modified":"2026-03-04T04:21:37","modified_gmt":"2026-03-04T03:21:37","slug":"renesance-ceskeho-investovani-od-opatrnych-stradatelu-k-uvedomelym-investorum","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2026\/03\/04\/renesance-ceskeho-investovani-od-opatrnych-stradatelu-k-uvedomelym-investorum\/","title":{"rendered":"Renesance \u010desk\u00e9ho investov\u00e1n\u00ed: Od opatrn\u00fdch st\u0159adatel\u016f k uv\u011bdom\u011bl\u00fdm investor\u016fm"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n<p><em>\u010cesk\u00e1 investi\u010dn\u00ed sc\u00e9na proch\u00e1z\u00ed bezprecedentn\u00edm rozmachem. Zat\u00edmco p\u0159ed deseti lety dominovaly konzervativn\u00ed spo\u0159ic\u00ed \u00fa\u010dty, rok 2025 potvrzuje, \u017ee investov\u00e1n\u00ed se v \u010cesk\u00e9 republice definitivn\u011b stalo mainstreamovou z\u00e1le\u017eitost\u00ed. Aktu\u00e1ln\u00ed data ukazuj\u00ed nejen masivn\u00ed p\u0159\u00edliv kapit\u00e1lu, ale tak\u00e9 dozr\u00e1v\u00e1n\u00ed investi\u010dn\u00ed psychologie \u010desk\u00fdch dom\u00e1cnost\u00ed. Do \u010deho v\u0161ak \u010ce\u0161i investovali nejv\u00edce?<\/em><\/p>\n<h3><strong>Rekordn\u00ed z\u00e1jem o trhy<\/strong><\/h3>\n<p>Podle pr\u016fzkumu agentury NMS Market Research pro\u0161lo vn\u00edm\u00e1n\u00ed spr\u00e1vy osobn\u00edch financ\u00ed nap\u0159\u00ed\u010d v\u00edce generacemi struktur\u00e1ln\u00ed zm\u011bnou. Investov\u00e1n\u00ed se definitivn\u011b stalo b\u011b\u017enou sou\u010d\u00e1st\u00ed rozpo\u010dt\u016f \u010desk\u00fdch dom\u00e1cnost\u00ed, o \u010dem\u017e sv\u011bd\u010d\u00ed fakt, \u017ee v roce 2025 aktivn\u011b investovalo a\u017e 39 % populace ve v\u011bku 18 a\u017e 64 let. Tento meziro\u010dn\u00ed n\u00e1r\u016fst o 7 procentn\u00edch bod\u016f potvrzuje, \u017ee \u010ce\u0161i ji\u017e nepova\u017euj\u00ed kapit\u00e1lov\u00fd trh za hazard, ale za legitimn\u00ed n\u00e1stroj pro budov\u00e1n\u00ed bohatstv\u00ed, p\u0159i\u010dem\u017e v\u011bt\u0161ina z nich vol\u00ed cestu dlouhodob\u00e9ho a systematick\u00e9ho p\u0159\u00edstupu.<\/p>\n<h3><strong>Miliardov\u00fd skok a historick\u00e1 maxima ve fondech<\/strong><\/h3>\n<p>S\u00edla \u010desk\u00e9ho kapit\u00e1lu se naplno projevila v objemu finan\u010dn\u00edch prost\u0159edk\u016f sv\u011b\u0159en\u00fdch fond\u016fm kolektivn\u00edho investov\u00e1n\u00ed, kter\u00e9 za posledn\u00edch p\u011bt let zaznamenaly v\u00edce ne\u017e dvojn\u00e1sobn\u00fd n\u00e1r\u016fst. Zat\u00edmco v roce 2020 se objem majetku pohyboval na \u00farovni necel\u00fdch 600 miliard CZK, na konci roku 2025 dos\u00e1hl rekordn\u00edch 1,4 bilionu CZK. Jen v pr\u016fb\u011bhu uplynul\u00e9ho roku se objem prost\u0159edk\u016f zv\u00fd\u0161il o pozoruhodn\u00fdch 218 miliard CZK, co\u017e p\u0159edstavuje 18% r\u016fst poh\u00e1n\u011bn\u00fd nejen masivn\u00edm p\u0159\u00edlivem nov\u00fdch investic, ale tak\u00e9 p\u0159\u00edzniv\u00fdm zhodnocen\u00edm existuj\u00edc\u00edch portfoli\u00ed.<\/p>\n<h3><strong>Strategick\u00e1 rotace<\/strong><\/h3>\n<p>Investi\u010dn\u00ed kultura v \u010cesk\u00e9 republice zaznamenala v\u00fdrazn\u00fd posun i co se t\u00fd\u010de priorit \u2013 dluhopisov\u00e9 fondy s pod\u00edlem 34 % vyst\u0159\u00eddala na vedouc\u00ed pozici sm\u00ed\u0161en\u00e1 \u0159e\u0161en\u00ed. Tento posun m\u016f\u017ee reflektovat racion\u00e1ln\u00ed opatrnost investor\u016f p\u0159i sou\u010dasn\u00fdch relativn\u011b vysok\u00fdch cen\u00e1ch akciov\u00fdch titul\u016f a snahu o zaji\u0161t\u011bn\u00ed stabiln\u011bj\u0161\u00edho v\u00fdnosu v prost\u0159ed\u00ed vy\u0161\u0161\u00edch \u00farokov\u00fdch sazeb. Z\u00e1rove\u0148 pozorujeme rostouc\u00ed apetit po re\u00e1ln\u00fdch aktivech, jeliko\u017e nemovitostn\u00ed fondy zv\u00fd\u0161ily sv\u016fj pod\u00edl na trhu na 10 %. Akciov\u00e9 fondy si udr\u017euj\u00ed stabiln\u00ed 24% pozici, p\u0159i\u010dem\u017e investo\u0159i st\u00e1le \u010dast\u011bji vyhled\u00e1vaj\u00ed specifick\u00e9 p\u0159\u00edle\u017eitosti v oblastech energetiky a glob\u00e1ln\u00ed digitalizace.<\/p>\n<h3><strong>Psychologie investora<\/strong><\/h3>\n<p>Modern\u00ed \u010desk\u00fd investor v roce 2026 prokazuje vysokou m\u00edru finan\u010dn\u00ed gramotnosti, p\u0159i tr\u017en\u00edch korekc\u00edch ji\u017e nepodl\u00e9h\u00e1 panice a poklesy cen vyu\u017e\u00edv\u00e1 k efektivn\u00edmu sni\u017eov\u00e1n\u00ed pr\u016fm\u011brn\u00e9 n\u00e1kupn\u00ed ceny sv\u00fdch aktiv, poznamenal Martin \u0158ez\u00e1\u010d z Erste Asset Management. Pokud bychom hledali hlavn\u00ed motivaci pro vstup na trhy, odpov\u011b\u010f z\u016fst\u00e1v\u00e1 ve snaze o zaji\u0161t\u011bn\u00ed finan\u010dn\u00ed nez\u00e1vislosti na st\u00e1tn\u00edm d\u016fchodov\u00e9m syst\u00e9mu a ochran\u011b \u00faspor p\u0159ed znehodnocen\u00edm inflac\u00ed. V neposledn\u00ed \u0159ad\u011b se budov\u00e1n\u00ed kapit\u00e1lu pro d\u011bti, a\u0165 u\u017e na kvalitn\u00ed vzd\u011bl\u00e1n\u00ed nebo osamostatn\u011bn\u00ed v bydlen\u00ed, stalo jedn\u00edm z nejsiln\u011bj\u0161\u00edch pil\u00ed\u0159\u016f pravideln\u00e9ho investov\u00e1n\u00ed, p\u0159i\u010dem\u017e chov\u00e1n\u00ed se li\u0161\u00ed podle v\u011bku \u2013 zat\u00edmco star\u0161\u00ed generace vol\u00ed konzervativn\u00ed p\u0159\u00edstup, mlad\u0161\u00ed investo\u0159i naplno vyu\u017e\u00edvaj\u00ed dynamick\u00e9 strategie.<\/p>\n<h3><strong>Digit\u00e1ln\u00ed revoluce ve spr\u00e1v\u011b portfolia<\/strong><\/h3>\n<p>Technologie hraj\u00ed v tomto rozmachu kl\u00ed\u010dovou roli, jeliko\u017e v\u00edce ne\u017e polovina pravideln\u00fdch investor\u016f v sou\u010dasnosti spravuje sv\u00e9 portfolio prost\u0159ednictv\u00edm mobiln\u00edch aplikac\u00ed alespo\u0148 jednou m\u011bs\u00ed\u010dn\u011b. Bankovn\u00ed domy jako \u010cesk\u00e1 spo\u0159itelna a \u010cSOB zaznamen\u00e1vaj\u00ed rekordn\u00ed po\u010dty pravideln\u00fdch pokyn\u016f a zvy\u0161ov\u00e1n\u00ed pr\u016fm\u011brn\u00e9 investovan\u00e9 \u010d\u00e1stky, co\u017e potvrzuje p\u0159echod od jednor\u00e1zov\u00fdch spekulac\u00ed k dlouhodob\u00e9 discipl\u00edn\u011b. Digit\u00e1ln\u00ed platformy tak p\u0159inesly do sv\u011bta investic pot\u0159ebnou rychlost, p\u0159ehlednost a pocit nep\u0159etr\u017eit\u00e9 kontroly, co\u017e jsou faktory, kter\u00e9 k trh\u016fm p\u0159itahuj\u00ed zejm\u00e9na mlad\u0161\u00ed a st\u0159edn\u00ed generaci hledaj\u00edc\u00ed rovnov\u00e1hu mezi bezpe\u010dnost\u00ed a v\u00fdnosem. [1]<\/p>\n<h4><strong>Roman Vykou\u0159il, analytik <\/strong><a href=\"https:\/\/wonderinteresttrading.cz\/\"><strong>Wonderinterest Trading s.r.o.<\/strong><\/a><\/h4>\n<p>[1] V\u00fdhledov\u00e1 prohl\u00e1\u0161en\u00ed vych\u00e1zej\u00ed z p\u0159edpoklad\u016f a aktu\u00e1ln\u00edch o\u010dek\u00e1v\u00e1n\u00ed, kter\u00e1 mohou b\u00fdt nep\u0159esn\u00e1, nebo z aktu\u00e1ln\u00edho ekonomick\u00e9ho prost\u0159ed\u00ed, kter\u00e9 se m\u016f\u017ee zm\u011bnit. Takov\u00e1 prohl\u00e1\u0161en\u00ed nejsou z\u00e1rukou budouc\u00ed v\u00fdkonnosti. Zahrnuj\u00ed rizika a dal\u0161\u00ed nejistoty, kter\u00e9 je obt\u00ed\u017en\u00e9 p\u0159edv\u00eddat. V\u00fdsledky se mohou podstatn\u011b li\u0161it od v\u00fdsledk\u016f vyj\u00e1d\u0159en\u00fdch nebo implikovan\u00fdch v jak\u00fdchkoli v\u00fdhledov\u00fdch prohl\u00e1\u0161en\u00edch.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-1185\" src=\"http:\/\/www.infokuryr.cz\/n\/wp-content\/uploads\/2021\/04\/kuryr-podpis.png\" alt=\"\" width=\"84\" height=\"24\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u010cesk\u00e1 investi\u010dn\u00ed sc\u00e9na proch\u00e1z\u00ed bezprecedentn\u00edm rozmachem. Zat\u00edmco p\u0159ed deseti lety dominovaly konzervativn\u00ed spo\u0159ic\u00ed \u00fa\u010dty, rok&#8230;<\/p>\n","protected":false},"author":2,"featured_media":100929,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[45,10685,331,3027],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/100928"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=100928"}],"version-history":[{"count":0,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/100928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/100929"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=100928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=100928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=100928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}