金融类英语文章

planning a share portfolio
tere ** no shortage of tipsters around offering"get-rich-quick'opportunities.but if you are a serious private investor,le**e the las vegas mentality to those with money to fritter.the serious investor needs a proper'portfolio'-a well-planned selection of investments,with a definite structure and a clear aim.but exactly how does a newcomer to the stock market go about achieving that?5 well,if you go to five reputable stock brokers and ask them what you should do with your money,you're likely to get five different answers-even if you give all the relevant **umation about your age,family,finances and what you want from your investments.moral?there ** no one"right‘way to structure a portfolio.however,thereare undoubtedly some wrong ways,and you can be sure that none of our five adv**ers would h**e suggested sinking all(or perhaps any)of your money into periwigs*.
10 so what should you do?we'll assume that you h**e sorted out the basics-like mortgages,pensions,insurance and access to sufficient cash reserves.you should then establ**h your own individual aims.these are partly a matter of personal circumstances,partly a matter of psychology.
for instance,if you are older you h**e less time to recover from any major losses,and you may well w**h to boost your pension income.so preserving your capital and generating extra income are your main 15priorities.in th** ease,you'd probably construct a portfolio with some shares(but not high r**k ones),along with gilts,cash deposits,and perhaps convertibles or the income shares of split capital investment trusts.
if you are younger,and in a solid financial position,you may decide to take an a ggressive approach-but only if you're blessed with a sanguine d**position and won't suffer sleepless nights over share prices.if you recognize yourself in th** description,you might include a couple ofheady growth stocks in your 20 portfolio,alongside your pedestrian investments.once you h**e decided on your investment aims,you can'then decide where to put your money.the golden rule here ** spread your r**k-if you put all of*‘periwigs’** the mame of a fictitious company.