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
2016-03-22
27
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/z7sZ777K
0
考研英语一
相关试题推荐
Itispredictedthattherewillbefourscientificbreakthroughsinthe21stcentury.We’llknowwherewecamefrom.Whydoe
[A]Whyreadingfallsintodecline?[B]Readingisrelatedtonationalpolitics[C]Readingisastimulatingexperience[D]Reading
[A]TheLaborDepartmentexpectstwomillionnewjobsthisyearontopofthe1.7millioncreatedlastyear.Helpingtofuelwha
ALetterofGivingAdvice建议信Writealetterofabout100wordstothepresidentofyouruniversity,suggestinghowtoimproves
Whatmakesagreathighschool?Americansthinkalotofthingsdo,fromoutstandingacademicsorasupportiveenvironmentfors
Researchersinthefieldofartificialintelligencehavelongbeenintriguedbygames,andnotjustasawayofavoidingwork.G
Organizationsandsocietiesrelyonfinesandrewardstoharnesspeople’sself-interestintheserviceofthecommongood.Thet
ThestaggeringvarietyoffreestuffavailableontheInternetsometimesseemstohaverepealedthefirstlawofeconomics:Ther
Organizationsandsocietiesrelyonfinesandrewardstoharnesspeople’sself-interestintheserviceofthecommongood.Thet
TelevisionpitchmenforproductslikePajamaJeansandlightedslippersoncetriedtogetviewerstoplacetheirordersbyphone
随机试题
Themethodofr________ofaparentlanguagefromacomparisonofitsdaughterlanguagesiscalledthecomparativemethod.
下列选项中,可以由题干图形拼凑而成的是()。
对物质和意识哪个是第一性问题的不同回答,形成了哲学上的两大基本派别。这两大基本派别是()
_______,斯天下之民至焉。(孟子《寡人之于国也》)
急性肝炎时,人体内转氨酶变化为
修复体就位后的修改顺序应该是
项目信息资料收集的目的是了解项目组织外部的环境因素和项目组织内部的资源,进而为项目可行性分析奠定必要的基础。一般而言,事业环境因素包括组织文化、项目管理信息系统和后备人力资源等相关信息;组织过程资产包括组织方针、流程、标准和原则,已经确定的过程,历史信息和
紫阳腰方英文周末无事,车游紫阳。小时候就喝紫阳茶,年至半百竟未去过紫阳,不够意思啊。紫阳在汉江边上,猜想是很通达很便捷的。没想到实在难走!坡陡弯急,一山爬过又一山,好在翠色染目白云亲颊,别有一番俗外之雅呢。翻过三座山,眼底终于浮出一个城,火车的闹,船笛的
根据现代统计学的研究成果,“关键的事情总是少数,一般的事情常常是多数”。这意味着管理工作最应该重视()
Ifourworkinglivesweremore"local"towherewehadbeenbornandgrownup,familymemberswereabletorelyoneachotherfo
最新回复
(
0
)