Now Your Turn
A: I’ve saved a lot of money over the past years, and now I’d like to invest it for a profit.
B: What sort of investment do you have in mind?
A: The stock market is looking attractive. It’s been a bear market for several years now, and I think stock prices are pretty depressed.
B: The falling market has discouraged many investors.
A: But all things work in cycles. A bear market will eventually be followed by a bull market.
B: That’s true. When the market does touch its bottom, it’ll rebound.
A: I hope the investors will soon come back to the market and drive it up.
B: But there’re still risks. Wars, weather problems—all these affect buyers’ confidence.
We’re not sure if the market has reached its bottom.
A: The bear market has lasted over four years; I think it’s time for it to pick up.
B: It’s really hard to say. The Japanese stock market has had a bear run of about ten years.
A: Really?
B: And when NASDAQ fell from 5,000 points to 3,000 points, some people believe it was a golden opportunity to enter the market. Then the market plunged.
A: So the stock market is really risky. I may lose money.
B: And maybe even your shirts.
A: Well, perhaps I’d better put my money on the bank. |