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Every so often, late at night, David Woodland steals away to the den of his
Every so often, late at night, David Woodland steals away to the den of his
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2023-06-23
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问题
Every so often, late at night, David Woodland steals away to the den of his home in Aberdeen, Washington, so that he can check stock prices on the Internet
Mr. Woodland, a 78-year-old retired insurance salesman, delights at how with the click of a mouse, he can tap into the facts and fortunes of Wall Street. "If I get a bright idea late at night," Mr. Woodland said, "I go into the office, fire up the computer and put a buy or sell order in."
While online trading is popularly regarded as the province of any traders in their 20s and 30s, jumping in and out of the market to make quick profits, it is now being invaded by millions of people like Mr. Woodland—senior investors who bring much larger accounts and more stability to this fast-growing corner of the markets.
The low cost of doing business online—now as little as $7 a trade—and the excitement of riding a bull market are the lures (诱惑) for many older investors—just as they are for the young. They are dismissing their full-service brokers, who offer research and advice but often charge more than $100 a trade, and instead are picking their own stocks, after downloading companies’ annual reports and other research basics.
"These things are incredible tools, now in the hands of an individual investor," said Carol Potts, 56, a retired crafts designer in Santa Barbara, California. "There’s no reason for me to have financial advisers. I am very analytical, and I like to get involved in research."
According to a survey this fall of 630 people over 50 by Charles Schwab & Co., many older investors say the Internet has made them more confident about their investments and more willing to trust their own judgment. But such confidence may also cause some to gamble away their retirement nest eggs, financial experts warn. "If stocks enter a bear market, it could prove disastrous for retirees, who are so dependent on their savings." [br] The main idea of the passage is that_____.
选项
A、online trading attracts more and more retirees to get involved
B、online trading is more suitable for the old than for the young now
C、online trading enables the retirees to get rid of their advisers
D、online trading offers incredible tools and high profits to investors
答案
A
解析
这篇文章以David Woodland的故事引入退休人员大量进入网上交易的话题,第3段介绍了退休人员从事网上交易时与年轻人不同的特征;接下来的两段论述他们为什么会热衷于这项活动;最后一段则指出对网上交易的自信可能带来的风险。A含有核心人物retirees,并概括了主题,是正确答案。
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