1. 求英文高手幫忙翻譯金融類畢業論文的摘要！萬分感謝！
中國社會科學院院報 陳佳貴 黃群慧
從經濟發展角度看，長期以來我國的基本國情一直是農業大國。但是，在經過幾十年的建設特別是改革開放20餘年高速工業化進程以後，到20世紀末21世紀初，我國已經成為名副其實的工業大國。
一、各種證據表明，我國的基本經濟國情已經從農業大國轉為工業大國
第＿，我國形成了龐大的工業生產能力，工業主要產品產量居世界前列。迄今為止，我國已經在能源、冶金、化工、建材、機械設備和通訊設備製造、交通運輸設備製造及各種消費品等工業主要領域，形成了龐大的生產能力。我國主要工業產品，如煤炭、鋼鐵、發電、原油、水泥、化肥、化學纖維、棉布、糖和電視機等，其產量已經居世界前列.其中，2000年化學纖維產量居世界第2位；2002年，煤炭、鋼鐵、水泥、化肥、棉布和電視機產量居世界首位、發電量居世界第2位、糖產量居世界第3位、原油產量居世界第5位。目前，我國工業產值和增加值總量，僅低於美國、日本和德國。考慮到工業技術水平等因素，雖然我國還夠不上真正意義的「世界工廠」，但從工業產品生產數量看，毋庸置疑，我國已經是一個工業大國。
第二，工業經濟在整個國民經濟中已佔主體地位。1952年，第﹁產業（農、林、牧、漁）在國內生產總值中的比重為50.5%，在國民經濟中佔主體地位，到1980年下降為30.1%，2003年進一步下降到14.6%。與此對應，1952年第二產業（工業和建築業）在國內生產總值中的比重為20.9%，到1980年上升為44.2%；2003年，第二產業生產總值達到61274.1億元，占國內生產總值的52.2%，其中工業生產總值53092.9億元，占國內生產總值的45.2%。按照每天創造的財富計算，2003年工業為145.5億元，為第一產業46.8億元的3.1倍，為第三產業106.5億元的1.4倍。這表明，經過50餘年工業化進程，尤其是改革開放以來20餘年高速工業化進程，現在在我國國內生產總值構成中，工業幾乎佔有半壁江山，我國國民財富的主要來源是工業，國民經濟結構已經實現從農業經濟為主體到工業經濟為主體的轉變。雖然從人口的城鄉比例看，我國仍是一個農業人口大國，2003年鄉村人口和城鎮人口比例為59.5∶40.4，但如果與1978年該比例為82.1∶17.9相比，考慮到現在12.8億的總人口，應該說，這25年城鄉人口比例的巨大的「量」的變化，已經能夠反映出工業經濟主導的社會經濟結構的「質」的變化。
第三，我國已經成為工業對外貿易大國，在出口商品總額中，工業製成品出口占絕大部分，工業品國際競爭力得到顯著提高。1980年，我國進出口總額僅為570.0億元人民幣，貿易依存度為12.6%。到2002年，我國進出口總額已經達到51378.2億元人民幣，貿易依存度為50.8%；我國進出口貿易總額佔世界進出口貿易總額的4.7%，躍居世界第6位。2003年，我國進出口總額升至70483.5億人民幣，貿易依存度約為60.1%；我國進出口貿易總額佔世界進出口貿易總額的5.6%，位居世界第4位，僅排在美國、德國和日本之後。2004年前11個月，我國外貿進出口總額達10383.8億美元，同比增長36.5%，進口、出口總額分別躍過5000億美元關口，累計實現貿易順差204.8億美元，全年外貿進出口總額將達到1.1萬億美元，位居世界第3位。這些數據表明，中國已經是一個對外貿易大國。在對外貿易規模擴大的同時，我國貿易結構也發生了巨大的變化。在1980年，我國出口商品中，初級產品出口額占出口商品總額的50.3%，工業製成品出口額占出口總額的49.7%。而到2000年以後，工業製成品的該項比例上升到90%以上，2001、2002、2003三年的數據分別為90.1%、91.2%、92.1%；初級產品的該項比例則相應下降到10%以下。不僅如此，工業品國際競爭力也得到顯著改善和提高，自1994年以後，中國工業製成品的貿易競爭指數一直為正，1995~2003年中國工業製成品的貿易競爭指數分別為0.08、0.06、0.16、0.16、0.11、0.11、0.10、0.09、0.09，而初級產品的貿易競爭指數自1995年一直為負。
第四，中國工業化進程已經到中期階段，基本完成了工業數量擴張的任務，不僅徹底結束了利用工農產品「剪刀差」來支持工業發展的局面，而且國家開始利用工商業發展來「反哺」農業。根據錢納里等關於經濟發展階段的6個變動時期的劃分，我國多數學者實證研究表明，中國工業化的進程總體上屬於工業化中期階段。對於中國這樣一個具有13億人口的大國而言，進入工業化中期，意味著已經具有了龐大的工業總量。而工業生產技術特別是加工工藝的廣泛擴散，企業間價格競爭日趨激烈，利潤日趨平均化，產業集中化步伐加快，這些現象也表明中國工業發展已經完成了數量擴張，開始呈現出工業化中後期所具有的提升工業增長質量的特徵。社會主義國家工業化初期利用工農產品「剪刀差」支持工業快速發展的局面已經結束，國家財政用於補貼農業、解決「三農」問題的支出逐年增多。2000年，國家來自工商業的稅收10366.09億元，佔全部稅收的82.3%；農業稅收465.31億元，只佔全部稅收的3.70%；而同期國家財政用於農業的支出為1231.54億元。2001、2002、2003年，國家來自農業的各項稅收分別為481.70億元、717.85億元和871.77億元，而用於農業的支出分別為1456.73億元、1580.76億元和1754.45億元。2004年，國家在吉林、黑龍江兩個糧食主產省先行免徵農業稅改革試點，河北、內蒙古、遼寧、江蘇、安徽、江西、山東、河南、湖北、湖南、四川11個糧食主產省(自治區)農業稅稅率降低了3個百分點，河南、江蘇、寧夏等地已經宣布2005年取消農業稅。按照我國稅收制度改革計劃，在未來5年內全國各地都將先後取消農業稅。
二、認識到我國是一個工業大國這個基本經濟國情，對於制訂經濟現代化戰略和政策、進一步推進我國現代化的整體進程具有重要意義
我國從農業大國向工業大國的基本國情變化表明，我國經濟現代化進程進入了一個新的階段。根據現有的大國的經濟現代化經驗，與三次產業結構演變規律相適應，可以將現代化進程劃分為從農業大國到工業大國、工業大國到工業強國、工業強國到服務業大國三個階段，這大致應該對應工業化初中期、工業化中後期和後工業化社會三個時期。對我國成為工業大國這個基本經濟國情的判斷，意味著我國經濟現代化進程步入了第二階段，我國應該根據這個階段的主要特徵制定科學的經濟發展戰略和政策。
第一，實現由工業大國向工業強國的轉變、推進工業現代化進程是這個階段的核心任務。我國已成為工業大國，但還不是工業強國。在當今世界格局下，象我們這樣一個人口眾多的社會主義國家要實現現代化，僅僅成為工業大國是不夠的，必須能夠成為一個工業強國。這個由工業大國向工業強國轉變的過程實質就是推進工業現代化過程。工業是國民經濟的主導力量，工業現代化是國民經濟現代化的「發動機」。現階段我國工業總量的龐大並不能掩蓋工業素質較低、工業現代化水平有待提高的問題。無論是具有國際競爭力的大型工業企業相對缺乏，還是我國工業生產技術水平和研究開發能力與世界先進水平存在較大差距，以及在出口產品構成中附加值高的技術密集型產品出口比例小，整體工業勞動生產率低，等等，都表明了這一點。而且，推進工業現代化進程不僅僅是工業自身發展到一定階段的必然要求，對於我國這樣一個人均佔有資源很少的人口大國，這也適應了工業化中期階段以後必然要走的科技含量高、資源消耗低、環境污染少的新型工業化道路的要求。
第二，該階段農業的發展和現代化依賴於工業積累支持和現代化工業的推動。盡管我國經濟體制改革最早從農業開始，並且取得了舉世矚目的成就，但是，目前我國農產品的國際競爭力並不高，近10年貿易競爭指數一直小於零。面對「入世」後國際市場的激烈競爭，今後農業的發展離不開工業積累的支持和現代工業技術的推動。從國際經驗看，工業發達國家普遍實行通過工業積累來支持農業的政策，對農產品施行價格補貼、提供信息、發放貸款、關稅保護、出口補貼等各種扶持措施。隨著我國工業日益強大，必然要逐步加大工業對農業的支持力度。
第三，在該階段第三產業將加速發展，成為吸收農業剩餘勞動力主要渠道，同時也為進入新的現代化階段奠定基礎。在實現由工業大國向工業強國的轉變、推進工業現代化進程中，我國工業發展的重點將由數量擴張向質量提升轉移，第二產業吸收農村剩餘勞動力速度將大幅度下降。在我國第一產業從業人員還佔全部從業人員將近一半的情況下，農業剩餘勞動力的轉移主要依靠第三產業的快速發展。不僅如此，隨著工業現代化水平的提高，工業勞動生產率必將得到大幅度的提升，工業也會產生富裕勞動力問題，第三產業的發展還將承擔吸收第二產業剩餘勞動力的功能。實際上，這些年第三產業在我國國有企業下崗職工再就業中已經發揮了關鍵作用。未來，第三產業將得到更大的發展，成為擴大就業的主渠道。不僅如此，只有第三產業得到快速發展，才有可能將現代化進程推進第三階段———由工業強國到服務業大國。 望採納!
2. 求一篇金融方面的英語作文
不是我寫的，。是網路上搜索到的
Advantages of Getting a Loan from the Bank for My Studies
助學貸款的好處
I am a College student from a farmer's family in a mountaineous area. A year ago, I was admitted to a famous university. Before entering the university, I was told that the necessary expenses ring my four years' study would cost nearly fifty thousand yuan. My parents had collected all the money there was to collect, including the money borrowed from their relatives, but it was hardly enough to meet the needs. Then,good news came that I could resort to the bank for a loan. I thought it was a good idea and so I did it.
My decision was based on the following considerations:
First, with the loan I can pay the tuition and support my life on the campus.
Secondly, I don't have to depend on my parents who are always worrying about the enormous family expenditure.
Thirdly, I will always have the pressure upon me which forces me to study the hard way.
Fourthly, I have to live a very simple life and save every coin possible. To sooner liquidate the debt, I sometimes work as a home tutor, sometimes a door-to-door salesman, sometimes a restaurant waiter.
Finally, while doing part-time jobs, I have accumulated a lot of social experience, bitter sometimes, sweet occasionally but happy all the time.
I think the above are the advantages the loan from the bank has brought to me. They are beneficial not only to my studies at the university but also to my future career, because I firmly believe in the saying that "Harsh life proces a diligent and intelligent man."
可以不咯？
3. 關於金融的英語文章
經濟學人：加拿大的住宅市場
Finance and Economics; 財經；
Canada's housing market; 加拿大的住宅市場；
Time for a bigger needle; 該出手時就出手；
The latest attempt to prick a bubble;戳破泡沫的最新舉措；
經濟學人：
Canada's reputation for financial regulation is starry. Its banksgot through the crisis unscathed. According to Moody's, a ratings agency, Royal Bank of Canadasits alongside HSBC and JPMorgan Chase in the top tier of global banks. And Canadianpolicymakers are old hands at pulling 「macroprudential」 levers of the sort now in vogue amongrich-world central banks.
加拿大的金融監管一向廣受贊譽。它的銀行業在這場危機中做到了獨善其身。根據評級機構穆迪的報告，加拿大皇家銀行與匯豐銀行以及摩根大通同列，躋身全球銀行界的第一梯隊。同時，加拿大的政策制定者也是運用宏觀審慎政策的老手，這一政策如今也常被其他富國的央行使用。
But questions still nag. Some say that Canada's banks are flattered by a huge indemnity offeredby Canada Mortgage and Housing Corp (CMHC), a public institution that insures mortgages witha loan-to-value ratio of more than 80%. CHMC's book grew to 567 billion Canadian Dollar(557 billion Dollar) in 2011, up from 345 billion Canadian Dollar four years earlier. And Canada'shousing market looks very frothy on some measures: The Economist's analysis of price-to-rentratios suggests that Canadian properties were about 75% above their long-run 「fair value」 in thefirst quarter of 2012 (see chart). Although less than 0.5% of CHMC's mortgages are in arrears, such exuberance is a worry. The central bank recently labelled housing as 「the most importantdomestic risk to financial stability in Canada」.
但是，仍有問題纏身。部分人士認為，加拿大的銀行被加拿大抵押和住房公司（CMHC）提供的巨額補償金美化了，CMHC是一家為貸款估值比率超過80%的抵押貸款提供保險的公共機構。在2011年，CHMC的抵押貸款額從四年前的3450億增長到了5670億加元（合5570億美元）。並且，從一些指標來看，加拿大的房地產充斥著泡沫：《經濟學人》以房價租金比所做的分析顯示，在2012年第一季度，加拿大的物業價格高出它們的長期公允價值75%。縱然僅有低於0.5%的CHMC抵押貸款存在拖欠的情況，但這樣的繁榮仍讓人憂慮。最近，央行也冠以樓市 「危及加拿大金融穩定性的最大國內隱患」。
Repeated efforts by policymakers to take the heat out of housing have not had a noticeableeffect. So on June 21st Jim Flaherty, the finance minister, had another go, his fourth in fouryears. Some of the new measures were cosmetic. Buyers of homes worth more than 1m Dollarhave been able to get mortgage-default insurance from CMHC with a downpayment of only 5%. In practice, it is hard to find buyers in this bracket who do not have lots of equity in their homes. But after July 9th mortgages for homes of this value will not be eligible for CMHC coverage.
政策制定者們給樓市降溫的不斷嘗試並無明顯成效。於是，在6月21日，加拿大財長吉姆·費拉逖，在四年來第四次出台了一些新舉措。新措施中的一些不過是表面功夫。價值過百萬美元住宅的買主能得到由CMHC擔保的債務違約保險以及首付僅付5%的優惠待遇。而事實上，很少有這類購房者在購房時不以大量自有資金支付價款的。不過，在6月9日之後，這類住宅將不再適用於CMHC的保險范圍。
Other measures have more teeth. The maximum amortisation period for a mortgage will now be25 years, down from 30. That should hurt demand: last year about 40% of new mortgages werefor terms longer than that. Refinancing a home will be allowed only up to 80% of its value, downfrom 85%. Homebuyers will have to demonstrate their housing costs are no more than 39% oftheir gross household income. On top of Mr Flaherty's measures, the Office of theSuperintendent of Financial Institutions, Canada's banking regulator, slapped a loan-to-value limitof 65% on borrowing against home equity.
其他那些則更為有力。抵押貸款最長還貸期限如今將從30年降低至25年。這勢必將減少需求：去年約有40%的新貸款的期限是超過25年的。允許的房屋再融資的上限從房屋價值的85%降至只有80%。購房者還須證明他們的住房支出不超過家庭總收入的39%。費拉逖的舉措中，緊隨其後的是，加拿大的銀行監管部門，聯邦金融機構監督辦公室，將貸款和自有資金間的貸款估值比率的限制猛降至65%。
Craig Alexander, the chief economist for TD Financial Group, estimates all this will be theequivalent of about a 1% rise in mortgage rates for most homebuyers. He believes that willproce a slow unwinding of the housing market. If he is right, and Mr Flaherty's variousinterventions avoid the collateral damage that would be caused by an actual interest-rate rise, Canada's admirers will have another thing to swoon over.
多倫多道明銀行金融集團首席經濟學家，克雷格·亞歷山大估計，所有這些措施對於購房者而言將等同於抵押貸款利率上升1%。他認為這將促使房產市場緩慢回歸。如果他的觀點正確，並且費拉逖的各種干預手段能夠避免可能引發實際利率上升的附帶傷害，那麼如此一來，加拿大的崇拜者們又將有一個可以津津樂道的話題了。
4. 求金融英語及其相關文章
Financial Management
Management of funds is a critical aspect of financial management. Management of funds act as the foremost concern whether it is in a business undertaking or in an ecational institution. Financial management, which is simply meant dealing with management of money matters.
Meaning of Financial Management
By Financial Management we mean efficient use of economic resources namely capital funds. Financial management is concerned with the managerial decisions that result in the acquisition and financing of short term and long term credits for the firm. Here it deals with the situations that require selection of specific assets, or a combination of assets and the selection of specific problem of size and growth of an enterprise. Herein the analysis deals with the expected inflows and outflows of funds and their effect on managerial objectives. In short, Financial Management deals with Procurement of funds and their effective utilization in the business.
So the analysis simply states two main aspects of financial management like procurement of funds and an effective use of funds to achieve business objectives.
Procurement of funds:
As funds can be procured from multiple sources so procurement of funds is considered an important problem of business concerns. Funds obtained from different sources have different characteristics in terms of potential risk, cost and control.
Funds issued by the issue of equity shares are the best from risk point of view for the company as there is no question of repayment of equity capital except when the company is liquidated.
From the cost point of view equity capital is the most expensive source of funds as dividend expectations of shareholders are normally higher than that of prevailing interest rates.
Financial management constitutes risk, cost and control. The cost of funds should be at minimum for a proper balancing of risk and control.
In the globalised competitive scenario, mobilization of funds plays a very significant role. Funds can be raised either through the domestic market or from abroad. Foreign Direct Investment (FDI) as well as Foreign Institutional Investors(FII) are two major sources of raising funds. The mechanism of procurement of funds has to be modified in the light of requirements of foreign investors.
Utilization of Funds:
Effective utilization of funds as an important aspect of financial management avoids the situations where funds are either kept idle or proper uses are not being made. Funds procured involve a certain cost and risk. If the funds are not used properly then running business will be too difficult. In case of dividend decisions we also consider this. So it is crucial to employ the funds properly and profitably.
Scope of Financial Management
Sound financial management is essential in all types of organizations whether it be profit or non-profit. Financial management is essential in a planned Economy as well as in a capitalist set-up as it involves efficient use of the resources.
From time to time it is observed that many firms have been liquidated not because their technology was obsolete or because their procts were not in demand or their labour was not skilled and motivated, but that there was a mismanagement of financial affairs. Even in a boom period, when a company make high profits there is also a fear of liquidation because of bad financial management.
Financial management optimizes the output from the given input of funds. In a country like India where resources are scarce and the demand for funds are many, the need of proper financial management is required. In case of newly started companies with a high growth rate it is more important to have sound financial management since finance alone guarantees their survival.
Financial management is very important in case of non-profit organizations, which do not pay adequate attentions to financial management.
How ever a sound system of financial management has to be cultivated among bureaucrats, administrators, engineers, ecationalists and public at a large.
Objectives of Financial Management
Efficient Financial management requires the existence of some objectives, which are as follows
1) Profit Maximization:
The objective of financial management is the same as the objective of a company which is to earn profit. But profit maximization alone cannot be the sole objective of a company. It is a limited objective. If profits are given une importance then problems may arise as discussed below.
The term profit is vague and it involves much more contradictions.
Profit maximization must be attempted with a realization of risks involved. A positive relationship exists between risk and profits. So both risk and profit objectives should be balanced.
Profit Maximization fails to take into account the time pattern of returns.
Profit maximization does not take into account the social considerations.
2) Wealth Maximization:
It is commonly understood that the objective of a firm is to maximize value and wealth.
The value of a firm is represented by the market price of the company's stock. The market price of a firm's stock represents the assesment of all market participants as to what the value of the particular firm is. It takes in to account present and prospective future earnings per share, the timing and risk of these earning, the dividend policy of the firm and many other factors that bear upon the market price of the stock. Market price acts as the performance index or report card of the firm's progress and potential.
Prices in the share markets are affected by many factors like general economic outlook, outlook of the particular company, technical factors and even mass psychology. Normally this value is a function of two factors:
The anticipated rate of earnings per share of the company
The capitalization rate.
The likely rate of earnings per shares depend upon the assessment of how profitable a company may be in the future.
The capitalization rate reflects the liking of the investors for the company.
Methods of Financial Management:
In the field of financing there are multiple methods to procure funds. Funds may be obtained from long term sources as well as from short term sources. Long term funds may be procured by owners that are shareholders, lenders by issuing debentures, from financial institutions, banks and the general public at large. Short term funds may be availed from commercial banks, public deposits, etc. Financial leverage or trading on equity is an important method by which a finance manager may increase the return to common shareholders.
At the time of evaluating capital expenditure projects methods like average rate of return, pay back, internal rate of returns, net present value and profitability index are used. A firm can increase its profitability without adversely affecting its liquidity by an efficient utilization of the current resources at the disposal of the firm. A firm can increase its profitability without negatively affecting its liquidity by efficient management of working capital.
Similarly, for the evaluation of a firm's performance there are different methods. Ratio analysis is a common technique to evaluate different aspects of a firm. An investor takes in to account various ratios to know whether investment in a particular company will be profitable or not. These ratios enable him to judge the profitability, solvency, liquidity and growth aspect of the firm.
5. 急求一篇金融理財行業的英語文章
上海外版網站，你可以任意下載
6. 求金融類英語小短文
已發送，注意查收
7. 求一篇關於金融專業英語的論文
多少字？
8. 跪請高人翻譯一篇金融方面的英語文章（Related Party Transaction Policies and Proceres Policy）
大寶，我也感激不盡啊~~
9. 求一篇關於金融的英文文章要2000字
這篇是在cnn上找到的。
Alibaba is not the Amazon of China
September 16 HONG KONG
Forget what you've read, Alibaba is NOT "the Amazon of China."
The analogy has been used widely as Alibaba prepares for its IPO. But it is only partially accurate, and masks big differences in business models.
Sure, Alibaba (BABA) and Amazon both do business on the Internet. They both enable consumers to buy huge volumes of goods without stepping foot in a store. And both have a stranglehold on their home markets.
But that's pretty much where the similarities end. Unlike Amazon (AMZN, Tech30), Alibaba does not own most of the items sold on its platforms, it does not maintain massive distribution centers, and it has only a fraction of the 132,000 employees on Amazon's books.
"Amazon and eBay are e-commerce companies, and Alibaba is not an e-commerce company," Alibaba co-founder Jack Ma said last year. "Alibaba helps others to do e-commerce. We do not sell things."
The point Ma was trying to drive home is that Alibaba excels at connecting buyers and sellers. Alibaba is not the seller.
Related: Meet four kings of Alibaba's online retail empire
The company's largest digital marketplace -- Taobao -- allows consumers to buy goods directly from small businesses. Tmall, Alibaba's other major shopping marketplace, connects larger brand retailers to consumers.
Alibaba makes money on Taobao by selling advertisements and search placement to retailers (kinda like Google (GOOG)). The company takes a commission from the larger retailers that operate on Tmall (think eBay (EBAY, Tech30)).
The model means that Ma doesn't have to obsess over keeping prices low the way Amazon founder Jeff Bezos does.
Related: Should you buy Alibaba shares?
The structure also makes Alibaba more of a pure Internet play, a trend reflected in the company's bottom line. Compared to Amazon, Alibaba's revenue is small (but growing faster). And investors are salivating over the company's much higher profit margins.
Investors have also been enticed by Alibaba's success at building what Ma calls an Internet "ecosystem."
The network of services allows consumers to move seamlessly between the company's online retail marketplaces and mobile apps used to process payments, buy movie tickets, call a taxi or invest in a money market fund. Alibaba even has a corporate cousin in the logistics business that handles most of the shipments generated on Tmall and Taobao.
Related: 7 things Alibaba users can do
In the end, Alibaba's biggest strengths may stem from overcoming broader problems in China's retail sector.
Ma has said that e-commerce in the U.S. is about transferring an existing business onto the Internet (think Amazon and books).
"E-commerce in the U.S. is like a dessert. It's just supplementary to your main business," Ma said. "In China, because the infrastructure of commerce is [so] bad, e-commerce becomes the main course."
What will happen when Alibaba and Amazon find themselves fighting for the same consumers? Here they are similar: expect both founders to come out swinging.
"Lying behind the massive allure of the capital market, there is unparalleled ruthlessness and pressure," Ma wrote in a letter to employees earlier this year. "In this market, only a small number of outstanding enterprises can maintain a gallop."
By Charles Riley September 16, 2014 00:54AM EDT
10. 金融類英語文章
您好
Planning a share portfolio
Tere is no shortage of tipsters around offering"get-rich-quick'opportunities.But if you are a serious private investor,leave 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 infoumation about your age,family,finances and what you want from your investments.Moral?There is no one "right『 to structure a portfolio.However,thereare undoubtedly some wrong ways,and you can be sure that none of our five advisers would have suggested sinking all(or perhaps any)of your money into Periwigs*.
10 so what should you do?We'll assume that you have sorted out the basics-like mortgages,pensions,insurance and access to sufficient cash reserves.You should then establish your own indivial aims.These are partly a matter of personal circumstances,partly a matter of psychology.
For instance,if you are older you have less time to recover from any major losses,and you may well wish to boost your pension income.So preserving your capital and generating extra income are your main 15priorities.In this ease,you'd probably construct a portfolio with some shares (but not high risk 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 disposition and won't suffer sleepless nights over share prices.If you recognize yourself in this description,you might include a couple ofheady growth stocks in your 20 portfolio,alongside your more pedestrian investments.Once you have decided on your investment aims,you can'then decide where to put your money.The golden rule here is spread your risk-if you put all of *『Periwigs』is the mame of a fictitious company.