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
2018-05-23
30
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://jikaoti.com/ti/Sy57FFFM
0
考研英语一
相关试题推荐
Peoplehavebeenholdingheateddiscussionsrecentlyaboutwomen’sexperienceintheworkplace.LastmonthSherylSandberg,chie
About3billionpeoplelivewithin100miles(160km)ofthesea,anumberthatcoulddoubleinthenextdecadeashumansflockt
Peekthroughtheinspectionwindowsofthenearly100three-dimensional(3D)printersquietlymakingthingsatRedEye,acompany
Acandlelitdinnerworkswondersforromance.Nowscientistssayitcouldalsobegoodforyourheart.Breathingincandlesmoke
Seariseasaresultofglobalwarmingwouldimmediatelythreatenthatlargefractionoftheglobelivingatsealevel.Nearlyo
In2016,manyshoppersoptedtoavoidthefreneticcrowdsanddotheirholidayshoppingfromthecomfortoftheircomputer.But
It’snosurprisethatJenniferSenior’sinsightful,provocativemagazinecoverstory,"IloveMyChildren,IHateMyLife,"isa
It’snosurprisethatJenniferSenior’sinsightful,provocativemagazinecoverstory,"IloveMyChildren,IHateMyLife,"isa
Usingacomputerorsmartphoneatnightcancauseusto【C1】______onthepounds,newresearchhasrevealed.Thestudyfounda
WhentheresidentsofBuenosAireswanttochangethepesostheydonottrustintothedollarstheydo,theygotoacueva,or"
随机试题
下列可用于粉末直接压片的辅料是()。
中国美学家蒋孔阳先生在其著作________中提出美学的根本问题是研究人对现实的审美关系。
湿性坏疽常发生在
稀有卫生资源分配的医学标准不包括
注册会计师在期中实施进一步审计程序也存在很大的局限性.下列有关局限性的说法中不恰当的是()。
小刘是环保志愿者组织“拯救地球”的成员,身患重病,不能到上海做世博会志愿者,而该组织其他成员都获得了上海世博会志愿者的资格。由此可以推出()。
一个在家庭中过分溺爱的孩子,养成了不良的性格特点,但进入幼儿园后,过的是集体生活,接受良好的教育,不良的性格特征逐渐可以得到改变,这体现了性格的()。
通常,FTP服务器默认的“TCP端口”是(1),本题中FTP服务器采用主动模式传输数据,若按照图5-6“TCP端口”配置为600,则其数据端口为(2)。(1)A.21B.23C.25D.20(2)A.60
一棵二叉树共有25个节点,其中5个是叶子节点,则度为1的节点数是()。
Aroundoneinahundreddeathsworldwideisduetopassivesmoking,whichkillsanestimated600,000peopleayear,WorldHealth
最新回复
(
0
)