Which of the following statements about Mr. Teitelbaum is true?
A. He founded the company New Tribe.
B. His father is ashamed of his son's hobby.
C. His company deals in tree-climbing equipment.
D. He got a certificate for tree-climbing.
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SECTION B PASSAGES
Directions: In this section, you will hear several passages. Listen to the passages carefully and then answer the questions that follow.
听力原文: In all history, when men have had free time they have turned to a hobby for pleasure. The cavemen were our first known creative hobbyists. In the free time after the hunting and fighting necessary to keep them alive, some turned to drawing. From the dawn of history to the present day men have left records of the fun they have had "riding a hobby".
George Washington was one of the first busy hobbyists in American history. As a youngster he was interested in mathematics. This interest led to his early years as a surveyor. His early agricultural experiments added to his success as a farmer. He found time to design furniture that added beauty to his home at Mount Vernon. His study of evening skies with a primitive telescope increased his knowledge of his own world. He also made a collection of varieties of tea.
Today hobbies are more important than ever. We have more leisure than we have ever had in the past. The shorter workweek and the fact that we will live longer than our parents and grandparents give us this new leisure. Throughout our lives each of us will have thousands of free hours after studying and working. Interesting hobbies can be the best answer to the question of how to use these hours.
One of the hobbies we know the cavemen had was______.
A. hunting
B. fighting
C. drawing
D. riding
Number one is to have clear goals. Decide how many years you will invest for, and what your needs will be in the future.
Number two is to understand the range of possibilities. You'll want a diversified portfolio: one with a mix of stocks, mutual funds, bonds and cash. It's a jungle out there. Each of these products has different risks associated with them and also different potential rewards. Understand them before you buy, so there won't be any big surprises later.
Finally, number three is to have realistic expectations. As our friend Leonardo da Vinci said in the year 1500 :"He who wishes to be rich in a day will be hanged in a year."
Over the past several years, New York stocks have averaged 30% annual returns, but don't count on this continuing. While it's true that since the year 1900, stocks have averaged an 11% annual return, it's a roller-coaster ride with many minus years as well, so you have to stay in for the long term you have to weather the storm and not be too greedy.
Well, let's get started and Happy hunting! For FNN, this is George Boros reporting.
What is the first guideline to investing according to the speaker?
A. To develop a savings plan.
B. To set up a bank account.
C. To set clear investing goals.
D. To decide on the type of business for investment.
______
A. up
B. by
C. down