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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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2024-01-25
9
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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 elderly investors no longer employed the stock brokers mainly because ______.
选项
A、the brokers can’t give the investors advice useful enough
B、the brokers charge too high a fee for their service
C、the brokers are not so analytical as the investors
D、the brokers are not as helpful as the Internet
答案
B
解析
第4段第2句指出股票经纪人给予老年投资者帮助,但同时收费很高,结合该段第1句指出的网上交易的低成本,可以看出,股票经纪人被辞退的最主要原因是他们收费过高,因此本题应选B。
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