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NEW YORK—Every so often, late at night, David Woodland steals away to the de
NEW YORK—Every so often, late at night, David Woodland steals away to the de
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2023-07-17
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NEW YORK—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 on-line 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 comer of the markets.
The low cost of doing business on-line—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] Compared with other age groups, why should older investors be more cautious about their in vestment?
选项
A、They often turn a deaf ear to others’ advice.
B、They tend to be more gambling in nature.
C、They are not so quick-witted as the young.
D、They do not have as many sources of income.
答案
D
解析
文章最后一段中有个but,其后就是金融专家对老年投资者的警告,这两句都暗示了退休金对老年人的重要性,由此可推断选项D正确。
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