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
2014-10-27
59
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.
【F3】
选项
答案
违背常识的是,许多投资者对拥有太多本公司股票的危险视而不见。
解析
转载请注明原文地址:https://kaotiyun.com/show/y5K4777K
0
考研英语一
相关试题推荐
Hereissomeadviceonfoodshopping.The【C1】______familyspendsaboutone-sixthofitsincome【C2】______food.Becausefoodisex
PsychologistAlfredAdlersuggestedthattheprimarygoalofthepsyche(精神)wassuperiority.Although【C1】______hebelievedthat
PsychologistAlfredAdlersuggestedthattheprimarygoalofthepsyche(精神)wassuperiority.Although【C1】______hebelievedthat
Consumersandproducersobviouslymakedecisionsthatmoldtheeconomy,butthereisathirdmajor【C1】______toconsidertherole
Consumersandproducersobviouslymakedecisionsthatmoldtheeconomy,butthereisathirdmajor【C1】______toconsidertherole
Researchonanimalintelligencealwaysmakesmewonderjusthowsmarthumansare.【C1】______thefruit-flyexperimentsdescribedi
TheGovernmentsAggressiveDealingswithU.S.AutomakersIntheory,agovernmentbailoutshouldprovideashort-terminfusio
TheRecessionEffectsanEmployedSmithCollege’scareerofficesentitsanxiousjob-huntingseniorsaletterlastmonthwit
TheRecessionEffectsanEmployedSmithCollege’scareerofficesentitsanxiousjob-huntingseniorsaletterlastmonthwit
Accordingtothepassage,oilresultsinairpollutionbecauseTheauthor’sattitudetowardsthisideaofburyingpollutionsee
随机试题
在刑罚问题上,霍布斯主张
A.P-R间期延长B.Q-T间期延长C.T波高尖D.T波低平、双相、倒置E.S-T段降低高血钾心电图改变是
患者,女性,29岁。妊娠26周。胎儿臀位,拟采用膝胸卧位给予纠正。护士讲解要点后,观察孕妇操作,提示护士需要重复要点的动作是
1/2,1/2,1/2,7/16,11/32,()
下列选项不属于热蒸汽量的调节法优点的是()。
某公司以1300万元的报价中标一项直埋热力管道工程,并于收到中标通知书50天后,接到建设单位签订工程合同的通知。招标书确定工期为150天,建设单位以采暖期临近为由,要求该公司即刻进场施工并要求在90天内完成该项工程。该公司未严格履行合同约定,临时安排了一位
与其他职业道德相比较,下列各项中不属于会计职业道德特征的是( )。
下列Cisco第三层交换机的路由表信息中,路由表项全部正确的是
(1)Hippiesweremembersofayouthmovementofthe1960’sand1970’sthatstartedintheUnitedStatesandspreadtoCanada,Gre
A、Lookingsidewaystoseehowfastyourneighboreats.B、Eatingfromtheoutsidetowardthemiddle.C、Swallowingthepiewithwa
最新回复
(
0
)