2015考研英语阅读理解模拟试题（三十）

　　2015考研英语复习正在如火如荼的进行中，考研专家建议可以按考研题型分别进行重点复习，考研英语阅读理解是考研英语中分值最高的，新东方在线小编特地整理了2015考研英语阅读理解模拟试题供大家模拟练习，希望大家认真做题，错题着重看解析及译文，经过练习阅读理解能力必能有所提高。

　　三十、股票投资

　　We’re moving into another era, as the toxic effects of the bubble and its grave consequences spread through the financial system. Just a couple of years ago investors dreamed of 20 percent returns forever. Now surveys show that they’re down to a “realistic”8 percent to 10 percent range.

　　But what if the next few years turn out to be below normal expectations? Martin Barners of the Bank Credit Analyst in Montreal expects future stock returns to average just 4 percent to 6 percent. Sound impossible? After a much smaller bubble that burst in the mid-1960s Standard & Poor’s 5000 stock average returned 6.9 percent a year (with dividends reinvested) for the following 17 years. Few investors are prepared for that.

　　Right now denial seems to be the attitude of choice. That’s typical, says Lori Lucas of Hewitt, the consulting firm. You hate to look at your investments when they’re going down. Hewitt tracks 500,000 401 (k) accounts every day, and finds that savers are keeping their contributions up. But they’re much less inclined to switch their money around. “It’s the slot-machine effect,” Lucas says. “People get more interested in playing when they think they’ve got a hot machine”—and nothing’s hot today. The average investor feels overwhelmed.

　　Against all common sense, many savers still shut their eyes to the dangers of owning too much company stock. In big companies last year, a surprising 29 percent of employees held at least three quarters of their 402 (k) in their own stock.

　　Younger employees may have no choice. You often have to wait until you’re 50 or 55 before you can sell any company stock you get as a matching contribution.

　　But instead of getting out when they can, old participants have been holding, too. One third of the people 60 and up chose company stock for three quarters of their plan, Hewitt reports. Are they inattentive? Loyal to a fault? Sick? It’s as if Lucent, Enron and Xerox never happened.

　　No investor should give his or her total trust to any particular company’s stock. And while you’re at it, think how you’d be if future stock returns—averaging good years and bad—are as poor as Barnes predicts.

　　If you ask me, diversified stocks remain good for the long run, with a backup in bonds. But I, too, am figuring on reduced returns. What a shame. Dear bubble, I’ll never forget. It’s the end of a grand affair.

　　1.The investors’ judgment of the present stock returns seems to be.

　　[A] fanciful [B] pessimistic [C] groundless [D] realistic

　　2.In face of the current stock market, most stock-holders.

　　[A] stop injecting more money into the stock market [B] react angrily to the devaluing stock

　　[C] switch their money around in the market [D] turn a deaf ear to the warning

　　3.In the author’s opinion, employees should.

　　[A] invest in company stock to show loyalty to their employer [B] get out of their own company’s stock

　　[C] wait for some time before disposing of their stock [D] give trust to a particular company’s stock

　　4.It can be inferred from the text that Lucent, Enron and Xerox are names of.

　　[A] successful businesses [B] bankrupted companies [C] stocks [D] huge corporations

　　5.The author’s attitude towards the long-term investors’ decision is.

　　[A] positive [B] suspicious [C] negative [D] ambiguous

　　答案：1.A 2.D 3.B 4.B 5.A

　　核心词汇或超纲词汇

　　(1)toxic(a.)有毒的，中毒的;toxicant(n.)有毒物，毒药

　　(2)bubble(n.)气泡，泡沫;泡影，空谈，幻想(v.)起泡;沸腾;兴奋，得意

　　(3)turn out to be结果是，(最后)证明是，如It turned out to be a great disappointment.结果使人们大为失望。

　　(4)dividend(n.)被除数;股息，股份红利;额外津贴，奖金;意外的收获

　　(5)contribution(n.)捐款;贡献;投稿;分担(额)

　　(6)slot(n.)(机械或工具上的)狭缝，槽沟;时段

　　(7)overwhelm(v.)淹没，覆没;制服，压倒;过于大量地给予;使不安，使困窘;overwhelming(a.)压倒性的，无法抵抗的

　　(8)inattentive(a.)疏忽的，不注意的;attentive(a.)注意的，专心的

　　(9)diversified(a.)多变化的，各种的;diversify(v.)使多样化

　　(10)backup(n.)支援(者)，支持(者)(a.)额外的，替补的

　　(11)figure on指望，依赖~ your support;考虑，预期~ an hour’s delay;计划~ leaving at noon

　　全文翻译

　　当泡沫的毒效和它的严重后果在整个金融系统中散开时，我们正在进入另外一个时代。就在几年前投资者还在梦想永远拿到20%的股票投资回报。现在调查显示它降到了“现实的”8%至10%的范围。

　　但是如果未来几年里这个值低于正常的期望呢?蒙特利尔银行信用分析家马丁•巴恩斯预计未来的股票投资回报率平均为4%至6%。听起来不可能?一个较小的泡沫于20世纪60年代破灭之后，在接下来的17年里标准普尔5000股票的回报率平均一年为6.9%(包括红利再投资)。很少有投资者为此作好了准备。

　　现在看来，投资者似乎选择了否认的态度。休伊特咨询公司的职员洛丽•卢卡斯指出，这很具代表性。你不会愿意看到自己的投资效益减少。休伊特公司每日跟进500,000 401 (k)帐户，发现投资者仍在不断地投钱，但是他们不太愿意把资金转投其他地方了。卢卡斯说，“这是老虎机效应，当人们认为他们找到了一台赌运极佳的机器时会对玩更有兴趣，但如今没有什么是幸运的。投资者普遍感到吃惊。”

　　违背常识的是，许多投资者对拥有太多公司股票的危险视而不见。不可思议的是，去年大公司中29%的雇员在他们自己的股票投资中至少有3/4的402(k)。

　　年青的雇员没有选择，只能等到50或55岁才能卖掉公司的股票以作为配送缴款。

　　但是据休伊特公司报导，老雇员在能够退出的时候却也一直死抱着股票不放。60岁和以上的人中1/3选择公司股票作为他们3/4的投资计划。难道他们疏忽了?过度忠诚?疾病?就好像朗讯、安然和施乐的事情从来未发生过一样。

　　投资者不应该完全信任任何一家公司的股票。当你投资时，考虑一下如果未来的股票投资回报(好的年份和不好的年份一平均)像巴恩斯所预测的那样糟糕，后果会如何?

　　如果你问我，我认为多样股加上债券的支持可以长远地保持稳定。但是，我也在计算股票投资回报的减少。多么的羞耻。亲爱的泡沫，我永远不会忘记它，它是重大事件的终止。

　　八月伊始，部分高校2015年考研招生简章已经发布，请广大15年考生关注，预计到8月底9月初，2015年全国硕士研究生招生简章会陆续发布完成，新东方在线小编第一时间跟踪发布，请大家收藏关注！另有研究生专业目录、考研参考书等最新考研信息，帮助考生及时了解目标院校招生政策及信息。