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
外语
PASSAGE TWO (1) When the Dow rockets 300 points or the stocks of retailers, say, get decimated, I devour the news. Here’s my
PASSAGE TWO (1) When the Dow rockets 300 points or the stocks of retailers, say, get decimated, I devour the news. Here’s my
admin
2022-08-07
34
问题
PASSAGE TWO
(1) When the Dow rockets 300 points or the stocks of retailers, say, get decimated, I devour the news. Here’s my admission: I’m a buy-and-hold investor, and a lazy one at that. My employer prohibits us news folks to trade equities on a short-term basis, but even if it didn’t, I’d still buy and hold.
(2) The bulk of my portfolio is in two retirement accounts, and neither stock-market gyrations nor major financial earthquakes prompt me to tweak my allocations. I simply hold a fairly routine mix of low-cost U.S. and international-stock mutual funds, plus a bond fund, and I stick to it.
(3) Sure, the markets get volatile but I figure that, eventually, average historical returns will work in my favor. And, to my mind, stock-market trading, if you’re not spending many hours a week working on it, is little more than a guessing game.
(4) The fact is, a buy-and-hold investor with a decently diversified portfolio should celebrate her ability to remain firm in the face of financial-news tidal waves which prompt many, less staunch, to jump in and out of investments, often at the worst possible time.
(5) Some might say the staunch investor is akin to a passenger on the Titanic, refusing a lifeboat to safety due to misguided loyalty to the idea of "buy and hold." But as long as three prerequisites are satisfied, that investor is among the most prudent savers around: a well-diversified investment plan, invested in low-cost index funds, with a long-term outlook.
(6) In fact, if you’re not going to be an active, pay-attention-every-day investor, setting up a simple plan and then forgetting about it may be the best retirement-savings decision you make. "What is often problematic is the middle ground. People will set something up and then follow it intermittently and on a whim make changes," says John Nofsinger, associate professor of finance at Washington State University and author of "The Psychology of Investing."
(7) Those who follow the markets tangentially but don’t take time for deeper analysis tend to buy high and sell low. If, like me, you’re not going to spend time daily on your plan, then set it and forget it.
(8) Note that, unless you have a rock-solid pension plan from your employer and significant other assets, you’re going to need to invest Interest rates on cash simply won’t get most savers to a well-funded retirement.
(9) What to do?
(10) 1. Create a plan. That means investing in low-cost index funds covering the U.S. stock market, perhaps 10% to 25% of your portfolio in international stock funds, plus exposure to bonds (a typical scenario is 70% or 80% in stocks and 30% or 20% in bonds), and perhaps some portion in a money-market or cash-type account. Keep in mind that your focus is not to beat the market.
(11) 2. Once your plan is in place, ignore it. "I do virtually nothing. I do less than I do for my car. There’s not even a need to change the oil," Mr. Statman says. If rebalancing worries you, don’t even do that except perhaps once every few years. And make sure you focus on getting back to your investment plan, rather than chasing the winners of the moment. "If the stock market went up that year and maybe bonds didn’t, so you take a little out of the stock market and put it in bonds to reallocate to where your targets originally were, I think that’s a good strategy," Mr. Nofsinger says.
(12) 3. Accept risk. Yes, stock-market investing is risky. But over the long haul, investors are rewarded—if they adopt a long-term outlook and diversified investment plan. "Risk is not something you want, but oftentimes risk does go hand in hand with return," says Peng Chen, chief investment officer of Ibbotson Associates, an investment research and consulting firm owned by Morningstar in Chicago. Keep in mind: Avoid this risk with money you need soon, say, in the next year or two. And remember that the more you invest in one company, sector or country, the more risk you’re taking on.
(13) 4. Stay in for the long haul. We have no idea what’s coming tomorrow, and past stock-market performance does not predict future results. But what is your alternative? Stick all your cash in a money-market account, a CD or, slightly riskier, bonds? You are not avoiding risk with this plan, simply shifting to the risk inflation will trump your return.
(14) 5. Do what you can. The investment options available through your retirement plan may not be ideal. Invest there for the employer match, but ensure diversification through an account outside your employer plan, perhaps an individual retirement account or Roth IRA.
Which of the following is NOT one of the author’s suggestions on investment?
选项
A、Create a reasonable investment plan with a decently diversified portfolio.
B、Forget about the investment plan completely, once it is in place.
C、Remember that risk comes with return in stock-market investment.
D、Stay in the investment market with a long-term vision.
答案
B
解析
根据题目中的suggestions定位到最后五段。B与第2点建议中rebalancing和reallocate等内容不符,即计划完成后并不是completely不管它,从长远来看还是要进行调整和重新配置,故选B。
转载请注明原文地址:https://kaotiyun.com/show/QBjJ777K
0
专业英语八级
相关试题推荐
肾盂肿瘤首选检查方法是
甲高级中学建设为政府投资项目,其中的教学楼工程由乙设计院设计,由丙建筑公司进行施工总承包,则教学楼建设工程项目实施阶段的总进度目标控制应当由()来进行。
Representativesfromthetwofirmsarecurrently________themiddleofnegotiationsconcerningapossiblejointventure.
Ittakesa(n)________amountofdedication,timeandhardworktopushthroughanideaorinitiativethathasn’tyetcaughton.
Thechangesmadeintheworkingconditionsatourcompanyresultedinremarkableimprovementsinallaspectsofourbusinessand
PASSAGEFOURWhatdidthe"Polishsoil"inPara.4indicate?
PASSAGEFOUR(1)AcoupleofyearsagoagroupofmanagementscholarsfromYaleandtheUniversityofPittsburghtriedtod
AspectsthatMayFacilitateReadingI.Determiningyour【T1】______A.Readingfor【T2】______:likereadingthenovelHar
A、ItwouldbemorefunwithoutMr.Whiteheadhosting.B、Ithastoomanyactstoholdtheaudience’sattention.C、Itisthemost
A、Addingchickenwasteinthem.B、Combiningthemwithtraditionalplastic.C、Puttinghouseholdwasteinthem.D、Sellingthemonl
随机试题
甲、乙、丙三人设立了一家有限合伙企业。甲、乙为普通合伙人,丙为有限合伙人,合伙协议未对合伙份额的转让作出规定。下列说法正确的有:()
与水盐代谢调节有关的激素是
利用市场不完全条件下有内在联系的金融工具之间的价格背离来获取利润的金融技术,称之为( )。
甲公司历年按10%计提盈余公积,2009~2012年有关投资业务如下。(1)甲公司2009年7月1日与A公司达成资产置换协议,甲公司以投资性房地产和无形资产换入A公司对乙公司的投资,该资产交换协议具有商业实质且换入和换出资产的公允价值能够可靠计量,甲公司
下列句子中,含有文字差错的有()。
肖像漫画最关键的表现因素是变形、夸张和()
下列行为应当承担刑事责任的是()。
问今是何世,乃不知有汉,________。(陶渊明《桃花源记》)
下列内容属于行政征收的有()。
犯盗窃、诈骗、抢夺罪转化为抢劫罪的条件有()。
最新回复
(
0
)