专业英语四级阅读-14
(总分100,考试时间90分钟)
READING COMPREHENSION
TEXT A
Ah, youth. The time for body piercings, staying out a portfolio of ultracure T-bills?
Traditionally, we associate the early years with risky behavior—but one conquence of the recession appears to be a shift in the way 18-to 34-year-olds handle money. Affluent millennials and 30-somethings say their tolerance for risky investments is much lower than it was a year ago, rivaled only by people over the age of 65, according to a new study by Merrill Lynch Global Wealth Management. "It is truly a generational change," says Dave Geschke, an executive at Ameripri financial. "The market got cut in half. Housing got cut in half. People saw their ast class get blown up."
Avoiding risk may feel nsible to a generation who **ing-of-age has been bookended by the dotcom bubble and the subprime-mortgage meltdown. In 2010, only 41 percent of 18-to 29-year-olds reported working full time, compared with 50 percent in 2006, according to the Pew Rearch Center. Millennials were more likely to report losing their jobs than workers over the age of 30, and many recent college graduates have had a hard time finding a toehold in a tight labor market, even as the national unemployment rate ro Friday to 9.6 percent. If the 18-to 34-year-olds feel more cautious about investing, it's partly becau they have less money to spend and little economic curity.
In respon, financial firms have begun tweaking their products. Target-date retirement funds for young investors, managed by mutual-fund giant John Hancock, recently decread exposure to stocks by 10 to 15 percent. Anecdotally, financial planners say young clients are keeping more cash on hand, and online banks such as ING Direct have rolled out savings accounts with slightly higher interest rates. "We're eing people try to put bells and whistles on very conrvative investments," says David Carter, chief investment officer at Lenox Advisors.
But in the long term, is it wi for 18-to 34-year-olds to avoid stocks, load up on bonds, and keep more cash in their bank accounts? Perhaps not, if they want to **fortably in retirement. "You need the growth potential of stocks," says Christine Benz, director of personal finance for Morningstar: com. "Investors cannot expect the same returns from bonds and bond funds."
One idiosyncrasy (特质) remains this generation's attitude toward money. The Pew Rearch Center's findings show that 85 percent of adults under 30 feel optimistic about their financial future, compared with 45 percent of the 50-and-up crowd. Three quarters of young adults surveyed by the center say they feel confident they will have enough money to retire. So, while the twin busts may have diminished their appetite for risk now, there's reason to believe young adults' faith in the market will eventually return.
1. What is the generational change mentioned in the passage?A. 18-to 34-year-olds are experiencing recession. B. 18-to 34-year-olds' ast class are getting blown up. C. 18-to 34-year-olds like risky behaviors more. D. 18-to 34-year-olds tend to avoid risky investments.
2. How do financial firms respond to modern young people becoming more cautious about investing?A. They have turned to increa more conrvative products. B. They have targeted products of retirement funds for young investors. C. They have focud on publicity to inspire young adults to risky investments. D. They have decread the interest rates of savings accounts.
3. In the long run, it may be not wi for 18-to 34-year-olds to avoid stocks if they want a comfortable retirement becauA. they will regret not having invested in stocks. B. bonds and bond funds have higher curity. C. stocks have greater growth potential. D. investing in stocks can have higher returns.
4. What is said about this generation's attitude toward money?A. Most young people are pessimistic about their financial future. B. Older people are more optimistic than young adults about their finance. C. The minority of young adults worry about their money for retirement. D. Generally speaking, people's confidence for investment isn't reduced.
5. Which of the following statements is NOT true?A. Returns from bonds and bond funds
may be less than from stocks. B. Young adults are cautious about investing mainly becau of the economic incurity. C. It's perhaps unwi for the young adults to keep more cash in their bank accounts. D. Young adults are shying away from stock market.狼王梦梗概
芹菜叶能吃吗
TEXT B醒来作文600字初中
鹧鸪养殖 Maybe your youth group has talked about taking everyone to the mountains this winter for their annual ski trip. You can't wait But there's just one little thing: you've never snowboarded before!热情片
Well, have no fear. If we were sitting next to each other on the bus ride into the mountains, here's what I'd tell you:
蔓越莓发糕 If you can, learn when the snow is soft. I know snowboarding on fresh snow isn't always an option, but you're going to be falling like crazy during the first weekend. Since you're desired to fall, the question becomes: Would you rather fall on concrete or a **forter? There's much of a difference, so try boarding right after a snowstorm.
辣木籽的作用
Ride the high-speed detachable lifts. All the big resorts have them: high-speed detachable quad lifts that slow to a crawl just before you drop your at into the bench. The older double-chair-lifts and triple-chair-lifts are harder to deal with becau they don't slow down when you get on. It's also much easier dimbarking from a high-speed detachable quad when you reach the top becau the lift slows way down. You'll also frustrate yourlf by riding pomas and T-bars, so avoid them as well.
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