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  3. Traditionally, we associate the early years with risky behavior—but one cons

Traditionally, we associate the early years with risky behavior—but one cons

游客2024-10-10  25
问题     Traditionally, we associate the early years with risky behavior—but one consequence of the recession appears to be a shift in the way 18-to 34-year-olds handle money. Affluent rnil-lennials and 30-somethings say their tolerance for risky investment 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 truly is a generational change, " says Dave Geske, an executive at Ameriprise Financial. "The market got cut in half. Housing got cut in half. People saw their asset classes get blown up.
    Avoiding risk may feel sensible to a generation whose financial coming-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 Research 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 rose Friday to 9. 6 percent. If the 18-to 34-year-olds feel more cautious about investing, it’s partly because they have less money to spend and little economic security.
    In response, financial firms have begun adjusting their products. Target-date retirement funds for young investors, managed by mutual-fund giant John Hancock, recently decreased 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 INC Direct have rolled out savings accounts with slightly higher interest rates. " We’re seeing people try to put bells and whistles on very conservative investment, " says David Carter, chief investment officer at Lenox Advisors.
    But in the long term, is it wise 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 live comfortably 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 feature remains this generation’s attitude toward money. The Pew Research 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. Dollar-sign tattoo, anyone? [br] According to Paragraph 2, young people’s present attitude towards investment is caused by the following reasons EXCEPT that______.
选项 A、they work less time than before
B、they have a difficult time finding a job
C、they have less money to make investment
D、they feel safer about the financial situation
答案 D
解析 细节题。本文第二段最后一句提到：“如果18岁到34岁之间的人对投资非常谨慎，部分原因是他们可用的钱少了和没有经济安全感。”由此可知，[D]”他们对经济环境感觉更安全”与原文所陈述的原因不符，故为正确答案。而[C]“他们可投资的钱更少了”则是正确的原因；该段的第二句指出：“据民意调查所报道，2010年18岁到29岁的年轻人只有41％有全职工作，而在2006年则有50％”，所以[A]”他们比以前工作的时间更短”符合文意，故排除；该段第三句提到“最近许多大学毕业生难以在紧张的人才市场找到立足点”，所以[B]”他们很难找到工作”也是正确的原因。
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