[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"excludedFolder":3,"socials":21,"menu":34,"footer":55,"header":125,"single:definir-son-horizon-de-placement":145,"related:definir-son-horizon-de-placement":364},{"_createdAt":4,"_id":5,"_rev":6,"_type":7,"_updatedAt":4,"color":8,"image":11,"order":16,"slug":17,"title":20},"2025-12-18T16:04:56Z","prismic.folder.ZGSFVxAAACIA0aTZ","6sR35j6mIdEYpnSKTHbiuE","folder",{"hex":9,"name":10},"#784D7C","violet",{"_type":12,"asset":13},"image",{"_ref":14,"_type":15},"image-47e1200e1422e65f2f9ffe879fb2e64f9bd0d776-2170x1001-png","reference",6,{"_type":18,"current":19},"slug","gestion-de-tresorerie","Gestion de trésorerie",[22,26,30],{"name":23,"url":24,"icon":25},"x","https:\u002F\u002Ftwitter.com\u002FMonEpargneEtMoi","pictos\u002Fx.svg",{"name":27,"url":28,"icon":29},"facebook","https:\u002F\u002Fwww.facebook.com\u002FMonEpargneEtMoi\u002F","pictos\u002Ffacebook.svg",{"name":31,"url":32,"icon":33},"linkedin","https:\u002F\u002Fwww.linkedin.com\u002Fshowcase\u002Fmon-epargne-et-moi\u002F","pictos\u002Flinkedin.svg",{"pages":35,"logo":51,"text":54},[36,39,42,45,48],{"label":37,"link":38},"Accueil","\u002F",{"label":40,"link":41},"Dossiers","\u002Fdossiers",{"label":43,"link":44},"Articles","\u002Farticles",{"label":46,"link":47},"Vidéos","\u002Fvideos",{"label":49,"link":50},"Lexique","\u002Flexique",{"_type":12,"asset":52},{"_ref":53,"_type":15},"image-d81c795c7153423236e84eb308bdc0042879446f-500x260-svg","Comprendre l’économie et les marchés financiers pour mieux gérer votre épargne.\n",{"logo":56,"text":58,"lexiconTitle":49,"lexiconWords":59,"pinnedFolders":121},{"_type":12,"asset":57},{"_ref":53,"_type":15},"Comprendre l’économie et les marchés financiers pour mieux gérer votre épargne.",[60,72,83,94,105],{"id":61,"slug":62,"releaseDate":63,"title":64,"type":65,"question":66,"definition":67,"video":68,"cover":69},"prismic.lexicon.ZR2HUxIAACUAuPcT","desinflation",["Date","2026-08-10T06:26:59.553Z"],"Désinflation","lexicon","Qu'est-ce que la désinflation ?",[],"https:\u002F\u002Fcdn.sanity.io\u002Ffiles\u002Folqwiayb\u002Fproduction\u002F0d6dc8351edda194907055302491c720c8e3c024.mp4",{"_type":12,"asset":70},{"_ref":71,"_type":15},"image-1c6b2b69a08d549b7dd19175ee213addb1060934-506x508-jpg",{"id":73,"slug":74,"releaseDate":75,"title":76,"type":65,"question":77,"definition":78,"video":79,"cover":80},"prismic.lexicon.ZSa7ehAAACMAsIjp","horizon-de-placement",["Date","2026-08-10T06:26:59.553Z"],"Horizon de placement","Qu'est-ce qu'un horizon de placement ?",[],"https:\u002F\u002Fcdn.sanity.io\u002Ffiles\u002Folqwiayb\u002Fproduction\u002F5488fb92fc66ff10183a092087cd66153d2f9c2b.mp4",{"_type":12,"asset":81},{"_ref":82,"_type":15},"image-ff942951fcc85c50344786e20de4253f0bff79bb-476x476-jpg",{"id":84,"slug":85,"releaseDate":86,"title":87,"type":65,"question":88,"definition":89,"video":90,"cover":91},"prismic.lexicon.ZR6rABIAACMAvjXx","taux-nominal-dune-obligation",["Date","2026-08-10T06:26:59.553Z"],"Taux nominal d'une obligation","Qu'est-ce que le taux nominal d'une obligation ?",[],"https:\u002F\u002Fcdn.sanity.io\u002Ffiles\u002Folqwiayb\u002Fproduction\u002F1cd7fe386d0ea4c3ca83b8afed5a5e3bdd6e4f47.mp4",{"_type":12,"asset":92},{"_ref":93,"_type":15},"image-f4a05bf34f5b2d08ae71203063bfe8a2464b94ba-982x988-jpg",{"id":95,"slug":96,"releaseDate":97,"title":98,"type":65,"question":99,"definition":100,"video":101,"cover":102},"prismic.lexicon.ZR6o8hIAACIAvizV","duration",["Date","2026-08-10T06:26:59.553Z"],"Duration","Qu'est-ce que la duration d'une obligation ?",[],"https:\u002F\u002Fcdn.sanity.io\u002Ffiles\u002Folqwiayb\u002Fproduction\u002F17b4ca90aa49aea53e3af30ba2fc36fbc3fed710.mp4",{"_type":12,"asset":103},{"_ref":104,"_type":15},"image-84b0f9757f6c56dbd34c77e70bdf58bbca477c2d-1002x998-jpg",{"id":106,"slug":107,"releaseDate":108,"title":109,"type":65,"question":110,"definition":111,"video":117,"cover":118},"prismic.lexicon.ZR6v8hIAACIAvk3j","vix",["Date","2026-08-10T06:26:59.553Z"],"VIX","Qu'est-ce que le VIX ?",[112],{"_key":113,"spans":114,"text":115,"type":116},"GZA8SAwsKh0Q7JjyWhTcXn",[],"Le VIX est l'indicateur de volatilité le plus connu du marché !","paragraph","https:\u002F\u002Fcdn.sanity.io\u002Ffiles\u002Folqwiayb\u002Fproduction\u002F444490a73a27167bdfa90dcea5ff4f595449ddac.mp4",{"_type":12,"asset":119},{"_ref":120,"_type":15},"image-75f68d8560d221ae36695abe010f28b210938abf-1080x1080-jpg",[122],{"title":123,"folder":124},"Gestion",{"title":20,"slug":19},{"logo":126,"folders":136},{"_type":12,"asset":127,"crop":129,"hotspot":132},{"_ref":128,"_type":15},"image-086d028e440aef36cc64a0efd5a1fc4a4caa6834-136x70-svg",{"_type":130,"bottom":131,"left":131,"right":131,"top":131},"sanity.imageCrop",0,{"_type":133,"height":134,"width":134,"x":135,"y":135},"sanity.imageHotspot",1,0.5,[137,142],{"title":138,"folder":139},"Perspectives",{"title":140,"slug":141},"Quelles opportunités à saisir pour ses placements sur le second semestre ?","placements-financiers-opportunites-s2-2026",{"title":143,"folder":144},"Trésorerie",{"title":20,"slug":19},{"id":146,"slug":147,"title":148,"type":149,"headline":150,"image":151,"color":9,"folders":155,"date":162,"metaDescription":-1,"content":163},"prismic.article.ZgQ1qhEAAFIF73iS","definir-son-horizon-de-placement","Définir son horizon de placement","article","Avant toute décision d’investir, la première question à se poser est : Combien de temps je souhaite conserver mon investissement ? Dans le jargon financier, nous appelons cela « Définir son horizon de placement ». Cette question est fondamentale dans la mise en place d’une stratégie d’investissement car elle va permettre de définir quels types d’actifs peuvent être souscrits dans le portefeuille.",{"_key":152,"_type":12,"asset":153},"k4l3",{"_ref":154,"_type":15},"image-f3011f6c827622962351460e4405b9cdb5bb5923-957x1048-png",[156],{"_createdAt":4,"_id":5,"_rev":6,"_type":7,"_updatedAt":4,"color":157,"image":159,"order":16,"slug":161,"title":20},{"_ref":158,"_type":15},"prismic.color.ZGuPdxAAACAAgVlY",{"_type":12,"asset":160},{"_ref":14,"_type":15},{"_type":18,"current":19},["Date","2024-03-27T00:00:00.000Z"],[164,173,180,186,192,198,204,210,214,220,226,232,240,247,253,259,269,275,281,290,296,302,306,313,317,323,329,341,347,358],{"_key":165,"_type":166,"children":167,"style":172},"k4l5","block",[168],{"_key":169,"_type":170,"text":171},"k4l4","span","L'horizon de placement : la durée impacte la rentabilité des placements","h4",{"_key":174,"_type":166,"children":175,"style":179},"k4l7",[176],{"_key":177,"_type":170,"text":178},"k4l6","Un investisseur, qu’il s’agisse d’un particulier ou d’une entreprise, qui souhaite faire fructifier son épargne ou son excédent de trésorerie, doit déterminer dans un premier temps ses objectifs et l’horizon de placement associé.  ","normal",{"_key":181,"_type":166,"children":182,"style":179},"k4l9",[183],{"_key":184,"_type":170,"text":185},"k4l8","Pour une entreprise, le Besoin en Fonds de Roulement et la nécessité de pouvoir disposer d’une trésorerie à court terme pour l’exercice de son activité (payer les fournisseurs, les charges, les salaires ou honorer ses échéances de prêt) imposent d’avoir une préservation du capital placé et une disponibilité totale. Les marchés financiers ne peuvent malheureusement pas répondre à tous ces objectifs, tout investissement comportant un risque, notamment de perte en capital.",{"_key":187,"_type":166,"children":188,"style":179},"k4lb",[189],{"_key":190,"_type":170,"text":191},"k4la","Néanmoins, toutes les catégories de produits financiers (appelées « classes d’actifs ») ne comportent pas le même niveau de risque. ",{"_key":193,"_type":166,"children":194,"style":179},"k4ld",[195],{"_key":196,"_type":170,"text":197},"k4lc","Ainsi, pour répondre à des objectifs à plus long terme tels que le financement de certains projets, les entreprises peuvent vouloir aller chercher de la performance sur les marchés financiers en investissant à court, moyen ou long terme. ",{"_key":199,"_type":166,"children":200,"style":179},"k4lf",[201],{"_key":202,"_type":170,"text":203},"k4le","En effet, lorsque l’on investit sur les marchés financiers, en contrepartie d’une prise de risque, les rendements tendent à être plus attractifs. ",{"_key":205,"_type":166,"children":206,"style":179},"k4lh",[207],{"_key":208,"_type":170,"text":209},"k4lg","Comme nous l’explique l’Autorité des Marchés Financiers, le « gendarme de la Bourse » :",{"_key":211,"_type":12,"asset":212},"k4li",{"_ref":213,"_type":15},"image-527b331e904f634f22ada5b6dd026821ebc00790-1080x1080-jpg",{"_key":215,"_type":166,"children":216,"style":179},"k4lk",[217],{"_key":218,"_type":170,"text":219},"k4lj","Ainsi, pour un placement à court terme, il est préférable de privilégier un placement peu risqué, la contrepartie est une espérance de rendement moins élevée. Mais pour un placement à plus long terme, le capital placé sera immobilisé pendant une période pouvant aller jusqu'à plusieurs années, en contrepartie d’une espérance de rentabilité plus élevée. ",{"_key":221,"_type":166,"children":222,"style":172},"k4lm",[223],{"_key":224,"_type":170,"text":225},"k4ll","Les différents horizons de placement et les classes d’actifs à privilégier ",{"_key":227,"_type":166,"children":228,"style":179},"k4lo",[229],{"_key":230,"_type":170,"text":231},"k4ln","Comme évoqué précédemment, chaque horizon de placement correspond à une espérance de rendement et un niveau de risque pouvant être associé à un projet. Ainsi, il est possible d'identifier des catégories de produits à privilégier par horizon de placement. ",{"_key":233,"_type":166,"children":234,"style":179},"k4lq",[235],{"_key":236,"_type":170,"marks":237,"text":239},"k4lp",[238],"strong","Le court terme : placements à moins de 1 an constitués d’OPC monétaires ou obligataires court terme ",{"_key":241,"_type":166,"children":242,"level":134,"listItem":246,"style":179},"k4ls",[243],{"_key":244,"_type":170,"text":245},"k4lr","Une OPC monétaire est investi en titres du marché monétaire (titres de créance négociables ou TCN), d’Etats, de Banques ou d’entreprises privées ou publiques à très courte échéance","bullet",{"_key":248,"_type":166,"children":249,"level":134,"listItem":246,"style":179},"k4lu",[250],{"_key":251,"_type":170,"text":252},"k4lt","Un OPC obligataire est investi en obligations d’Etats ou d’entreprises publiques ou privées, dont l’échéance est prévue à plus ou moins long terme.",{"_key":254,"_type":166,"children":255,"level":134,"listItem":246,"style":179},"k4lw",[256],{"_key":257,"_type":170,"text":258},"k4lv","Ils comportent un niveau de risque généralement plus faible, en contrepartie de perspectives de rendement peu élevées",{"_key":260,"_type":166,"children":261,"style":179},"k4lz",[262,265],{"_key":263,"_type":170,"text":264},"k4lx"," ",{"_key":266,"_type":170,"marks":267,"text":268},"k4ly",[238],"Le moyen terme : placements entre 1 et 5 ans constitués d’OPC obligataires ou mixtes",{"_key":270,"_type":166,"children":271,"level":134,"listItem":246,"style":179},"k4m1",[272],{"_key":273,"_type":170,"text":274},"k4m0","Un OPC mixte est investi sur plusieurs classes d’actifs (actions, obligations, devises ou autres), leur répartition étant pilotée en vue de s’adapter à la conjoncture économique",{"_key":276,"_type":166,"children":277,"level":134,"listItem":246,"style":179},"k4m3",[278],{"_key":279,"_type":170,"text":280},"k4m2","Leur niveau de risque est moyen, en contrepartie de perspectives de rendement un peu élevées qu’à court terme",{"_key":282,"_type":166,"children":283,"style":179},"k4m6",[284,288],{"_key":285,"_type":170,"marks":286,"text":287},"k4m4",[238],"Le long terme : placements supérieurs à 5 ans constitués d’OPC action, investis en actions d’entreprises.",{"_key":289,"_type":170,"text":264},"k4m5",{"_key":291,"_type":166,"children":292,"style":179},"k4m8",[293],{"_key":294,"_type":170,"text":295},"k4m7","Il est également possible d’investir en obligations de maturité plus longues ou plus risquées (obligations à haut rendement \u002F high yield \u002F speculative grade) ",{"_key":297,"_type":166,"children":298,"level":134,"listItem":246,"style":179},"k4ma",[299],{"_key":300,"_type":170,"text":301},"k4m9","Les actions constituent la classe d’actifs qui présente le potentiel de rendement le plus important, en contrepartie d’un niveau de risque élevé",{"_key":303,"_type":12,"asset":304},"k4mb",{"_ref":305,"_type":15},"image-d482fb4d1a8e75fb1bd90549b5ab8c441e376301-1080x1080-jpg",{"_key":307,"_type":166,"children":308,"style":172},"k4md",[309],{"_key":310,"_type":170,"marks":311,"text":312},"k4mc",[238],"Historique de performances des différentes classes d'actifs ",{"_key":314,"_type":12,"asset":315},"k4me",{"_ref":316,"_type":15},"image-dcb50e8916317bb5de4f4ab9472614406232ba0b-1216x1029-jpg",{"_key":318,"_type":166,"children":319,"style":179},"k4mg",[320],{"_key":321,"_type":170,"text":322},"k4mf","Ce graphique représente les performances (en rendement annuels) de différentes classes d'actifs, entre 1978 et 2018, en France. Il permet de mettre en évidence le lien entre horizon de placement, risque et rentabilité. ",{"_key":324,"_type":166,"children":325,"style":179},"k4mi",[326],{"_key":327,"_type":170,"text":328},"k4mh","Sources : ",{"_key":330,"_type":166,"children":331,"level":134,"listItem":246,"markDefs":337,"style":179},"k4ml",[332],{"_key":333,"_type":170,"marks":334,"text":336},"k4mk",[335],"k4mj","AMF - Rendement et risque, deux inséparables",[338],{"_key":335,"_type":339,"href":340},"link","https:\u002F\u002Fwww.amf-france.org\u002Ffr\u002Fespace-epargnants\u002Fsavoir-bien-investir\u002Fcadrer-son-projet\u002Frendement-et-risque-deux-inseparables",{"_key":342,"_type":166,"children":343,"level":134,"listItem":246,"style":179},"k4mn",[344],{"_key":345,"_type":170,"text":346},"k4mm","Natixis Investment Managers ",{"_key":348,"_type":166,"children":349,"level":134,"listItem":246,"markDefs":355,"style":179},"k4mq",[350],{"_key":351,"_type":170,"marks":352,"text":354},"k4mp",[353],"k4mo","Capital - Actions, immobilier… quels sont les placements les plus rentables sur 5, 15 ou 40 ans ?",[356],{"_key":353,"_type":339,"href":357},"https:\u002F\u002Fwww.capital.fr\u002Fvotre-argent\u002Factions-immobilier-quels-sont-les-placements-les-plus-rentables-sur-5-15-ou-40-ans-1466600",{"_key":359,"_type":166,"children":360,"level":134,"listItem":246,"style":179},"k4ms",[361],{"_key":362,"_type":170,"text":363},"k4mr","IEIF  (Institut de l’Epargne Immobilière et Foncière)",[365,375,385,394,402,411,420,428],{"id":366,"slug":367,"title":368,"type":149,"headline":369,"image":370,"color":9,"folders":373,"date":374,"metaDescription":-1,"content":-1},"02347960-645b-4f76-960b-ab2c1a0c7e41","les-trois-actualites-de-la-semaine-au-16-07-2026","Les trois actualités de la semaine au 16.07.2026","Retour en force des small caps aux États-Unis, faillites des entreprises toujours nombreuses en France, et nouvelle salve de droits de douane américains direction le Brésil.",{"_type":12,"asset":371},{"_ref":372,"_type":15},"image-663434c2ac11d45174c568bfee34459d4c3a0f03-1000x1000-png",null,["Date","2026-07-16T13:38:00.000Z"],{"id":376,"slug":377,"title":378,"type":149,"headline":379,"image":380,"color":383,"folders":373,"date":384,"metaDescription":-1,"content":-1},"0da32f0b-4b69-43ee-acf1-eddfc788409d","marches-emergents-et-si-le-centre-de-gravite-se-deplacait","Marchés émergents : et si le centre de gravité se déplaçait ? ","Longtemps relégués au rang de placements exotiques et risqués, les marchés émergents reviennent sur le devant de la scène.",{"_type":12,"asset":381},{"_ref":382,"_type":15},"image-5670c1458cc1302411a9b6593d2b63705779fa30-1200x1200-heif","#46665D",["Date","2026-06-15T15:51:00.000Z"],{"id":386,"slug":387,"title":388,"type":149,"headline":389,"image":390,"color":383,"folders":373,"date":393,"metaDescription":-1,"content":-1},"18f37a2c-0e20-48af-927c-73ff699bc698","sell-in-may-and-go-away","Sell in May and Go Away : faut-il vendre ses actions en mai ? ","Chaque année, au tournant du mois de mai, un vieil adage boursier refait surface : \"Sell in May and go away\". Né dans la City londonienne au XVIIIe siècle, quand les banquiers quittent Londres pour la campagne jusqu'aux courses hippiques de septembre, ce dicton traverse les siècles. Mais en 2026, faut-il encore le prendre au sérieux ? ",{"_type":12,"asset":391},{"_ref":392,"_type":15},"image-c206527096322dcd8fbeeec8ceb67b7316ff4cd9-1000x1000-png",["Date","2026-05-22T10:10:00.000Z"],{"id":395,"slug":396,"title":397,"type":149,"headline":398,"image":399,"color":9,"folders":373,"date":401,"metaDescription":-1,"content":-1},"009a7ac3-8d37-41e4-9f26-994fbbe155bf","les-trois-actualites-de-la-semaine-au-13-05-2026","Les trois actualités de la semaine au 13.05.2026 ","Les records tombent cette semaine : les bourses mondiales sont en forme malgré la crise pétrolière, tandis que celle de nature politique au Royaume-Uni fait hausser le gilt. Pour ce qui est du crédit privé Outre-Atlantique, retour à la normale.",{"_type":12,"asset":400},{"_ref":372,"_type":15},["Date","2026-05-13T12:41:00.000Z"],{"id":403,"slug":404,"title":405,"type":149,"headline":406,"image":407,"color":383,"folders":373,"date":410,"metaDescription":-1,"content":-1},"081973d9-1ce5-4ed5-a7f9-0bf444cfcff1","les-trois-actualites-de-la-semaine-au-29-04-2026","Les trois actualités de la semaine au 29.04.2026 ","Nouveau bouleversement pétrolier : les Émirats Arabes Unis quittent l'Opep ! Cela voudra sûrement dire statu quo pour les banques centrales jusqu'à nouvel ordre. Bizarrement, les entreprises européenne résistent au conflit.",{"_type":12,"asset":408},{"_ref":409,"_type":15},"image-acecddc46ba79a4bc05699f4875d07dd0282f65d-1000x1000-png",["Date","2026-04-29T08:12:00.000Z"],{"id":412,"slug":413,"title":414,"type":149,"headline":415,"image":416,"color":9,"folders":373,"date":419,"metaDescription":-1,"content":-1},"12217857-134b-4691-aad1-358afa05a97c","les-trois-actualites-de-la-semaine-au-23-04-2026","Les trois actualités de la semaine au 23.04.2026 ","Regain d'optimisme de la bourse New Yorkaise malgré une situation toujours tendue en Iran, qui n'en finit pas de faire hausser les prix de passage du Canal de Panama. Pendant ce temps là, les semi-conducteurs font renouer la croissance sud-Coréenne avec les sommets. ",{"_type":12,"asset":417},{"_ref":418,"_type":15},"image-30da8ea19e9f379cddccef5c5ab519d9d44712c3-1000x1000-png",["Date","2026-04-23T14:31:00.000Z"],{"id":421,"slug":422,"title":423,"type":149,"headline":423,"image":424,"color":9,"folders":373,"date":427,"metaDescription":-1,"content":-1},"08c9c52b-feba-4083-91f0-858b7561fbc3","focus-sur-les-marches-emergents-quelles-perspectives-pour-2026","Focus sur les marchés émergents : Quelles perspectives pour 2026 ?",{"_type":12,"asset":425},{"_ref":426,"_type":15},"image-abddffed075143827900aa0108b17ec3348118d1-2327x2305-png",["Date","2026-01-19T13:22:00.000Z"],{"id":429,"slug":430,"title":431,"type":149,"headline":373,"image":432,"color":9,"folders":373,"date":435,"metaDescription":-1,"content":-1},"1401ecf2-9d88-4b34-abba-26ed842ec172","les-trois-actualites-de-la-semaine-au-08-01-2026","Les trois actualités de la semaine au 08.01.2026",{"_type":12,"asset":433},{"_ref":434,"_type":15},"image-5ae9fc87a6c423f973444ef56de91fa5262894ab-1000x1000-png",["Date","2026-01-09T10:11:00.000Z"]]