Investors Beware
When people talk about investing, they are always looking for the best advice. Many are willing to pay a lot for it. The problem with this, however, is that many financial advisor give the wrong advice. Ultimately, decisions must be made by the investors. Here are some guidelines that may help investors save a lot of money.
ps:当人们谈论投资时，他们总是在寻找最好的建议。很多人愿意为此付出很多。然而，问题是许多财务顾问给出了错误的建议。最终，投资者必须做出决定。以下是一些可能帮助投资者节省大量资金的指导原则。
talk about这才叫…;真是
for the best是最好的
a lot常; 许多
financial advisor财务顾问；财务咨询机构
Ultimately最终; 最后; 终归; 最基本地; 根本上
must be一定是; 必须; 准是
First, a key to successful investing is time itself. What makes many investors rich is that they have invested over a long time. This allows their investments to grow, even if they weren’t active investors. Unfortunately, most people don’t start saving enough until it’s too late. That lack of time limits the power of compounding. So the best advice is to start saving as soon as possible.
ps:首先，成功投资的关键在于时间本身。使许多投资者致富的原因是他们投资了很长一段时间。这使得他们的投资得以增长，即使他们不是活跃的投资者。不幸的是，大多数人直到太晚才开始储蓄。时间的缺乏限制了复合的能力。所以最好的建议是尽快开始储蓄。
key to使…与…一致〔适合〕
they have他们有; 他们刚点了吃的; 他们在家吃早餐
invested投资; 投入; invest的过去分词和过去式
a long time良久；半歇；多时；半晌
investments投资; 投资额; 投资物; 值得买的东西; 有用的投资物; investment的复数
even if即使; 尽管; 纵然
too late为时已晚; 过迟
lack of time缺乏时间
compounding使加重; 使恶化; 由…构成; 混合; 掺和; 拌和; compound的现在分词
as soon as possible尽快
What about economic projections and earnings growth estimates? The truth is, nobody knows. What they really reflect are people’s feelings about the future. It’s interesting to note that someone who buys a low-cost index fund on average does better than someone who invests in an expensive fund managed by famous experts. With investing, simple and basic can earn a bigger return than complex and expensive. Sometimes the pros don’t know what they are talking about. They just talk as if they do.
ps:经济预测和盈利增长预测呢？事实是，没人知道。它们真正反映的是人们对未来的感受。值得注意的是，平均而言，购买低成本指数基金的人比投资于由著名专家管理的昂贵基金的人做得更好。有了投资，简单和基本可以获得比复杂和昂贵更大的回报。有时专业人士不知道他们在说什么。他们说话就好像说话一样。
What about那么…怎么样; …怎么了; …怎么样
projections预测; 推断; 设想; 投射; 放映; 投影; 放映的影像; 投影图; projection的复数
index fund指数化证券投资基金
on average基本上; 大体上; 平均起来; 按平均值
better than比…好
invests投资; 投入; invest的第三人称单数
as if好像…一样,仿佛,似乎; 好像,仿佛,似乎; 好像，仿佛，似乎
return回报
pros 专家
What about risk and volatility? One thing for sure is that the stock market will fluctuate. Since 1900 one of the largest index funds has returned about 6% per year. Compare that to the average difference between any year’s highest close and lowest close which is 23%. When an expert tries to explain why the market is down, they are really trying to explain why the sun goes up and down.
ps:风险和波动呢？有一件事是肯定的，那就是股市会波动。自1900年以来，最大的指数基金之一每年的回报率约为6%。相比之下，任何一年的最高收盘价和最低收盘价之间的平均差为23%。当一位专家试图解释市场下跌的原因时，他们实际上是在解释为什么太阳会上下波动。
volatility不稳定性，暂时性; 挥发性 英 [ˌvɒləˈtɪlɪti] 美 [ˌvɑləˈtɪləti]
for sure确实
stock market证券交易; 股票交易; 股市
fluctuate 英 [ˈflʌktʃueɪt] 美 [ˈflʌktʃueɪt] v. (大小、数量、质量等)波动;(在…之间)起伏不定
one of…之一
tries试图; 想要; 设法; 努力; 试; 试用; 试做; 试验; 审理; 审讯; 审判; try的第三人称单数
up and down上上下下; 来来回回
highest close 最高收盘价
lowest close 最低收盘价
And finally, beware! The financial industry is dominated by people whose only interest in your wealth is how much they can charge you. Unfortunately, the louder a financial expert is, the more exposure he will get even though he’s often wrong. This is one of the most important things to know about finance. Don’t be misled by experts.
ps:最后，小心！金融业的主导者是那些对你的财富感兴趣的人，他们能向你收取多少钱。不幸的是，金融专家的声音越大，即使他经常犯错，也会得到更多的曝光。这是金融学最重要的知识之一。不要被专家误导。
beware当心; 小心; 提防
financial industry金融业
interest in使对…产生兴趣；使对…热心
how much多少
louder喧闹地; 大声地; 响亮地; 喧闹的; 响亮的; 大声的; 说话太大声的; 吵闹的; 俗艳的; 花哨的; loud的比较级
most important重要的; 有重大影响的; 有巨大价值的; 影响很大的; 权威的; important的最高级
dominate 支配，影响
exposure 曝光率
Exercises:
1. the style of this article is friendly and accessible.
2.what is needed to take advantage of power of compounding?
sufficient time
3.What is the purpose of this article?
to give advice about investing
4. Why should investors beware of many financial experts?
Many financial experts are only interested in charging fees.
5. To lack something means to not have enough of it.
6. If something fluctuate, its value rises and falls in an irregular manner.
7.in investing ，compounding means to increase in value due to gains in both the investment and its accumulated interest.
8. to dominate something means to have a powerful influence or control over it.
Please tap the first correct sentence to appear:
1. What problem is there with many financial advisors?
The problem with this, however, is that many financial advisor give the wrong advice.
2.How does a low-cost index fund compare to many expensive funds managed by experts?
It’s interesting to note that someone who buys a low-cost index fund on average does better than someone who invests in an expensive fund managed by famous experts.
Fill in the blanks:
1. Ultimately, decisions must be made by the investors. Here are some guidelines that may help investors save a lot of money.
2. First, a key to successful investing is time itself. What makes many investors rich is that they have invested over a long time. This allows their investments to grow, even if they weren’t active investors. Unfortunately, most people don’t start saving enough until it’s too late.
Put the sentences below in order:
1.When people talk about investing, they are always looking for the best advice.Many are willing to pay a lot for it.The problem with this, however, is that many financial advisor give the wrong advice.Ultimately, decisions must be made by the investors.Here are some guidelines that may help investors save a lot of money.
2.What about risk and volatility? One thing for sure is that the stock market will fluctuate. Since 1900 one of the largest index funds has returned about 6% per year. Compare that to the average difference between any year’s highest close and lowest close which is 23%.
Repeat & Read Sentences:
1. What makes many investors rich is that they have invested over a long time.
2.One thing for sure is that the stock market will fluctuate
3. The problem with this, however, is that many financial advisors give the wrong advice.
4. What they really reflect are people’s feelings about the future.
5. Unfortunately, the louder a financial expert is, the more exposure he will get even though he’s often wrong.
6. Sufficient time is needed for investments to take advantage of the power of compounding.
7.Here are some guidelines that may help investors save a lot of money.
8.Unfortunately, most people don’t start saving enough until it’s too late.