商务英语综合教程Unit6.ppt

Unit 6 Investment Intensive Reading Essentials of Investing Para 1 Thinking about investing … movie Wall Street. Thinking about investing might make someone think of the finance tycoon Gordon Gekko in the movie Wall Street, who was acting as an agent buying and selling a large number of stocks. Para 3 “Expenditure”, “expense” and “charge” are synonyms. 1) “Expenditure” means the act of spending or using money; an amount of money spent e.g. a reduction in public/ government/ military expenditure 2) “Expense” can be used as a noun: — [U] the money that you spend on something. e.g.The garden was transformed at great expense. — [C, usually sing.] something that makes you spend money. e.g. Running a car is a big expense. — expenses [pl.] money spent in doing a particular job, or for a particular purpose. e.g. living/ household/ medical/ legal, etc. expenses 3) “Charge” means the amount of money that somebody asks for goods and services. e.g. Delivery is free of charge. Para 4 When grandpa fumes about … an inflation barometer. Grandpa is angry with the price of a new pair of plaid trousers these days because the price has been much higher than that of the pair he bought back in the good times in the past. In this sense, he’s playing two roles: a bad-tempered old man and an inflation indicator. Para 6 Headlines may blare … or playing sports. Newspapers headlines may contain eye-catching titles like “Stock Market Crash” or “Economic Recession Looming”. However, investing in many ways is quite similar to driving a car of playing sports. Para 8 Markets can soar or sink … to tolerate risk. Markets can rise or sink, the economy can become unstable, and prices can fluctuate. Para 11 Three years from now … without a penalty. In three years’ time, when you need to write a tuition check, you don’t want none of your investments can be turned into cash and thus the cash can’t be withdrawn easily or can be withdrawn only afte