懂你英语L6Unit 2.docVIP

Unit 2-1 listening 退休和投资 Walter wants to retire within the next few years. He has been working at the same company for over 15 years as an accountant. During that time, he’s been saving his money and paying off that debt. However, even with his savings and investments, he isn’t sure that he will have enough money for retirement. If it doesn’t, he will have to keep on working, which depends on the company. For now, the company is ok. But it’s no longer growing as fast as it used to. Whether or not he can keep on his working will also depend on his health. Fortunately, he is in good health. But he knows that that could change in any time. If he fell down or had a stroke, it could force him to stop working. If that happened, he would have to rely on his savings and other assets to survive. Soon or later, he knows his health will decline and he will have to stop working. So he needs to prepare. Most of his wealth is in the form of company stock and the value of his home. Both of these are at risk. The company stock may go down and the value of his home may also fall. The company he works for is a pharmaceutical(制药的) company. It develops new drugs which is risky business and sells them worldwide. It’s expensive to develop new drugs and it can take a very long time to get a new drug approved. Without government approval, it can’t be sold, which can result in a huge loss. Another threat the company comes from foreign competition, which is getting stronger. The company has also started to move some of its researches and production facilities oversees. Salary level is lower there, and the quality of the foreign workers is getting better. As a result, the company has to reduce its local hiring and it’s no longer giving large bonuses. One thing he is considering, is to sell his share in the company. He could begin to sell a little at a time and reinvest the money in somewhere else. But where would he invest? He doesn’t know much about investing and several of his friend have