首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
【F1】We’re moving; into another era, as the toxic effects of the bubble and its grave consequences spread through the financial s
【F1】We’re moving; into another era, as the toxic effects of the bubble and its grave consequences spread through the financial s
admin
2019-07-08
35
问题
【F1】
We’re moving; into another era, as the toxic effects of the bubble and its grave consequences spread through the financial system.
Just a couple of years ago investors dreamed of 20 percent returns forever. Now surveys show that they’re down to a "realistic" 8 percent to 10 percent range. But what if the next few years turn out to be below normal expectations? Martin Barners of the Bank Credit Analyst in Montreal expects future stock returns to average just 4 percent to 6 percent. Sound impossible?【F2】
After a much smaller bubble that burst in the mid-1960s Standard & Poor’s 5 000 stock average returned 6.9 percent a year(with dividends reinvested)for the following 17 years. Few investors are prepared for that.
Right now denial seems to be the attitude of choice."That’s typical," says Lori Lucas of Hewitt, the consulting firm. You hate to look at your investments when they’re going down. Hewitt tracks 500,000 401(k)accounts every day, and finds that savers are keeping their contributions up. But they’re much less inclined to switch their money around. "It’s the slot-machine effect," Lucas says, "People get more interested in playing when they think they’ve got a hot machine—and nothing’s hot today. The average investor feels overwhelmed."【F3】
Against all common sense, many savers still shut their eyes to the dangers of owning too much company stock.
In big companies last year, a surprising 29 percent of employees held at least three quarters of their 402(k)in their own stock. Younger employees may have no choice. You often have to wait until you’re 50 or 55 before you can sell any company stock you get as a matching contribution.【F4】
But instead of getting out when they can, old participants have been holding, too.
One third of the people 60 and up chose company stock for three quarters of their plan, Hewitt reports. Are they inattentive? Loyal to a fault? Sick? It’s as if Lucent, Enron and Xerox never happened.
No investor should give his or her total trust to any particular company’s stock. And while you’re at it, think how you’d be if future stock returns—averaging good years and bad—are as poor as Barnes predicts.【F5】
If you ask me, diversified stocks remain good for the long run, with a backup in bonds.
But I, too, am figuring on reduced returns. What a shame. Dear bubble, I’ll never forget. It’s the end of a grand affair.
【F2】
选项
答案
一个较小的投资泡沫于20世纪60年代破灭之后,在接下来的17年里标准普尔5 000股票的回报率平均一年为6.9%(包括红利再投资)。很少有投资者准备好了应对这个状况。
解析
转载请注明原文地址:https://kaotiyun.com/show/BW9Z777K
0
考研英语一
相关试题推荐
Childrenmodelthemselveslargelyontheirparents.Theydosomainlythroughidentification.Childrenidentify【B1】______aparen
Childrenmodelthemselveslargelyontheirparents.Theydosomainlythroughidentification.Childrenidentify【B1】______aparen
Childrenmodelthemselveslargelyontheirparents.Theydosomainlythroughidentification.Childrenidentify【B1】______aparen
Childrenmodelthemselveslargelyontheirparents.Theydosomainlythroughidentification.Childrenidentify【B1】______aparen
Childrenmodelthemselveslargelyontheirparents.Theydosomainlythroughidentification.Childrenidentify【B1】______aparen
Childrenmodelthemselveslargelyontheirparents.Theydosomainlythroughidentification.Childrenidentify【B1】______aparen
Childrenmodelthemselveslargelyontheirparents.Theydosomainlythroughidentification.Childrenidentify【B1】______aparen
随机试题
怎样进行数控车床的返回参考点操作?
李密的《陈情表》是一篇()
胆碱酯酶复能剂治疗有机磷农药中毒的作用是
以下各项目属于会计科目的有()。
物业服务企业超越资质等级承接物业管理业务的,由县级以上地方人民政府房地产主管部门予以警告,责令限期改正,并处()的罚款。
一个好的班集体具有哪些特征?()
当被冠以“聪明人”称号时.很多人都会认为那些难题到你手里便会__________。如果遇到难题,周围的人便会将目光集中到你身上.并将你看作那只“会下金蛋的鹅”。只要你__________流露出一丝为难之情,人们就会说:“哎哟,我还以为你很聪明呢!”如果你失
党的十八大明确提出了培育和践行社会主义核心价值观的根本任务,强调要倡导富强、民主、文明、和谐,倡导自由、平等、公正、法治,倡导爱国、敬业、诚信、友善。其中,属于个人层面的价值要求是()
迪杰斯特拉(Dijkstra)算法用于求解图上的单源点最短路径。该算法按路径长度递增次序产生最短路径,本质上说,该算法是一种基干______策略的算法。
It’ssometimesthoughtthatthelongingformaterialgoods,theneedtobuythings,isarelativelymoderninvention,butinfac
最新回复
(
0
)