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Assignment 2. The paragraphs in the following text are mixed up. Arrange them in the correct order
C. Despite their popularity, however, most people don't fully understand stocks. Much is learned from conversations around the water cooler with others who also don't know what they're talking about. Chances are you've already heard people say things like, "Bob's cousin made a killing in XYZ company, and now he's got another hot tip..." or "Watch out with stocks – you can lose your shirt in a matter of days!" So much of this misinformation is based on a get-rich-quick mentality, which was especially prevalent during the amazing dotcom market in the late '90s. People thought that stocks were the magic answer to instant wealth with no risk. The ensuing dotcom crash proved that this is not the case. Stocks can (and do) create massive amounts of wealth, but they aren't without risks. The only solution to this is education. The key to protecting yourself in the stock market is to understand where you are putting your money.
B. Wouldn't you love to be a business owner without ever having to show up at work? Imagine if you could sit back, watch your company grow, and collect the dividend checks as the money rolls in! This situation might sound like a pipe dream, but it's closer to reality than you might think.
D. Over the last few decades, the average person's interest in the stock market has grown exponentially. What was once a toy of the rich has now turned into the vehicle of choice for growing wealth. This demand coupled with advances in trading technology has opened up the markets so that nowadays nearly anybody can own stocks.
A. As you've probably guessed, we're talking about owning stocks. This fabulous category of financial instruments is, without a doubt, one of the greatest tools ever invented for building wealth. Stocks are a part, if not the cornerstone, of nearly any investment portfolio. When you start on your road to financial freedom, you need to have a solid understanding of stocks and how they trade on the stock market.
Assignment 3. Match the following advantagesof the stock market with the appropriate descriptions.
| 1. Most accessible market | a. With a simple phone call, an investor can buy and sell stock, virtually within minutes. Market transactions are done swiftly, conveniently and at a fair price. |
| 2. Ready market | b. Through the offices of member firms located everywhere, even in the provinces, stocks are available to millions of people. |
| 3. Liquidity of the market | d. Transactions and price data are readily available through newspapers, radio, television and information networks. Unlike the stock exchange, the over-the-counter stock prices are not published daily in the newspapers, which makes it more difficult for an investor to keep track of his investment. |
| 4. Operates in full public view | c. Hundreds of different stocks are available to thousands of buyers and sellers and can readily be turned into cash due to the large number of market players. |
(Source: http://members.tripod.com/~fglinc/knowfinmkt.htm)
Could you name other advantages of the stock market?
Date: 2015-09-23; view: 517; Нарушение авторских прав; Помощь в написании работы --> СЮДА... |