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
We’re moving into another era, as the toxic(有毒的) effects of the bubble(泡沫) and its grave consequences spread through the financi
We’re moving into another era, as the toxic(有毒的) effects of the bubble(泡沫) and its grave consequences spread through the financi
admin
2017-11-14
21
问题
We’re moving into another era, as the toxic(有毒的) effects of the bubble(泡沫) 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? After a much smaller bubble that burst in the mid-1960s Standard & Poor’s 5000 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 (老虎机) 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.
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.
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 excessively? 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.
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.
It can be inferred from the text that Lucent, Enron and Xerox are names of_________.
选项
A、successful businesses
B、bankrupted companies
C、stocks
D、huge corporations
答案
B
解析
推理题。题干中的几个专有名词出现在第六段末,该句用虚拟语气指出,就好像朗讯、安然和施乐的事情从来未发生过一样。联系上下文,上文作者对雇员购买公司股票的行为表示质疑,下文则提出不应完全信任任何一家公司。由此可推出,这是三家作为反面例子的公司,由于它们的破产,使持有这些公司股票的人受到很大的损失。B项最恰当。
转载请注明原文地址:https://kaotiyun.com/show/PiIZ777K
0
考研英语一
相关试题推荐
Researchonanimalintelligencealwaysmakesmewonderjusthowsmarthumansare.【C1】______thefruit-flyexperimentsdescribed
Researchonanimalintelligencealwaysmakesmewonderjusthowsmarthumansare.【C1】______thefruit-flyexperimentsdescribed
AncientGreekphilosopherAristotleviewedlaughteras"abodilyexerciseprecioustohealth."But【C1】______someclaimstothec
AncientGreekphilosopherAristotleviewedlaughteras"abodilyexerciseprecioustohealth."But【C1】______someclaimstothec
AncientGreekphilosopherAristotleviewedlaughteras"abodilyexerciseprecioustohealth."But【C1】______someclaimstothec
TheethicaljudgmentsoftheSupremeCourtjusticeshavebecomeanimportantissuerecently.Thecourtcannot【C1】______itsleg
Peopleare,onthewhole,pooratconsideringbackgroundinformationwhenmakingindividualdecisions.Atfirstglancethismigh
ShoppinghabitsintheUnitedStateshavechangedgreatlyinthelastquarterofthe20thcentury.【C1】______inthe1900smostAm
Childrenmodelthemselveslargelyontheirparents.Theydosomainlythroughidentification.Childrenidentify【C1】______aparen
Childrenmodelthemselveslargelyontheirparents.Theydosomainlythroughidentification.Childrenidentify【C1】______aparen
随机试题
在发生问题的部位或项目修理完毕后,要在保修证书的“保修记录”栏内做好记录,并经()验收签认,以表示修理工作完成。
合金结构钢热轧厚钢板以退火状态交货时,27SiMn牌号的钢板其伸长率不大于()。
长期应用糖皮质激素抑制儿童生长发育的原因是:
A.杠杆力B.摇动力C.扭转力D.楔力E.轮轴力牙挺在挺松牙时主要提供的作用力是
王某,男,40岁,呕吐时作时止已一年,现每因劳累之后,即眩晕作呕,喜暖畏寒,四肢不温,面色晄白,大便稀溏,舌质淡,脉濡弱。应诊断为下列何种病证( )。
甲企业有两处经营性房产A和B,每栋的房产原值均为1000万元,2016年7月1日起将A房屋对外出租给乙企业,租期为5年,年租金100万元,但合同约定前6个月为免租金期间。2016年7月1日起将B栋房屋对外出租给丙企业,租期5年,年租金100万元。当地政府规
团体初创阶段团体成员最重要的心理需求是()。
我国公民在()情况下可以享受物质帮助权。
开一闭原则(Open-ClosedPrinciple,OCP)是面向对象的可复用设计的基石。开一闭原则是指一个软件实体应当对.(37)开放,对(38)关闭;里氏代换原则(LiskovSubstitutionPrinciple,LSP)是指任何(39
A.Ford’sOpponentsB.TheAssemblyLineC.Ford’sGreatDreamD.TheEstablishmentoftheCompanyE.Ford’sBiggestC
最新回复
(
0
)