[00:00.00]New Words
[00:00.84]新单词
[00:01.67]dividend n.
[00:02.36]红利，股息
[00:03.06]issue v.
[00:03.67]发行
[00:04.28]loss n.
[00:04.98]损失
[00:05.67]guarantee n.
[00:06.40]保证，保障
[00:07.13]gamble n.
[00:07.72]赌博
[00:08.31]Phrases & Expressions
[00:10.27]make money
[00:11.01]赚钱
[00:11.76]stock broker
[00:12.51]股票经纪人
[00:13.27]S4:How can investors make money?
[00:14.35]学4：投资者如何才能赚钱呢?
[00:15.44]P:Good question! Investors who buy shares of stock in a company may make money in two ways.
[00:19.50]史：问得好!在股市上买了某公司股票的投资者可通过两种方式赚钱。
[00:23.56]They may begin to make money right away.
[00:25.13]他们可能很快就赚钱。
[00:26.70]Suppose that a person invests in a company and the company makes money.
[00:29.24]如果一个人买了效益很好的一家公司的股票，
[00:31.79]The company shares this money with the investor.
[00:33.58]公司与投资者共享所挣的钱，
[00:35.37]This money shared is called a dividend.
[00:37.04]这分享的钱叫红利。
[00:38.71]Dividends are usually sent to investors once every three months as long as they own the stock.
[00:42.28]红利一般一季度分一次，只要他们拥有股票。
[00:45.84]A second way that investors may make money is to sell the stock at a higher price than they formerly bought.
[00:49.87]第二种方式是投资者将股票以高于他们买时的价格卖出去，从而赚钱。
[00:53.89]The price of each share will go up if the company does very well.
[00:56.03]如果公司经营有方，它们的股票会增值：
[00:58.17]It may also go up for many other reasons. When it goes up, a person may sell it and make a profit.
[01:02.00]其它许多原因也会使股票增值。一旦股票价格上扬，持有者就可把它们卖出以获利。
[01:05.83]S3:Could you please give us an example to show how this process works?
[01:07.70]学3：您能给我们举个例子说明一下这个过程吗?
[01:09.56]P:Yes. For example, Mr.and Mrs. Brown have $1 000 to invest.
[01:12.92]教授：可以，比如说，布朗夫妇想把1000美元用于投资。
[01:16.28]They talk to a stock broker who can help them to buy a good stock. He tells Mr. and Mrs. Brown about the Ward Pencil company,
[01:20.76]他们找一位股票经纪人谈。这位经纪人告诉布朗夫妇沃德笔公司的情况，
[01:25.24]which is making a lot of money by manufacturing pencils and it is selling shares of stock in order to get money to expand.
[01:29.67]这家公司通过生产笔赚了钱。为了得到扩大生意的资金，这家公司正在出售股份，
[01:34.09]The shares cost $5.00 each. The Browns have decided to buy 100 shares of stock in the Ward Pencil Company.
[01:38.90]每股5美元。布朗夫妇决定买100股。
[01:43.71]The broker fills this order, and the Browns own these 100 shares.
[01:46.57]经纪人填了单，布朗夫妇就拥有100股。
[01:49.43]Three months later, the Ward Company issues a dividend of $1.00 a share.
[01:52.78]三个月后，沃德公司发每股1美元的红利。
[01:56.14]The Browns have 100 shares, so they get a $100 dividend.
[01:59.31]布朗夫妇一共得了100美元。
[02:02.49]A year later, the company expands. It sells many more pencils.
[02:05.39]一年以后，公司扩大，生意更火，
[02:08.29]The price of the stock goes up to $6.00 a share. So the Browns get back $600,
[02:12.48]股票价格涨到每股6美元，所以布朗一家共得到股息600美元。
[02:16.67]plus all of the money they have received in dividends. This is a very good investment.
[02:20.04]他们的投资得到了可观的回报。
[02:23.41]S1:It is also possible for the investors to get a complete loss, isn't it?
[02:25.54]学1：投资也有可能什么也拿不回来，对吗?
[02:27.67]P:Investing money in the stock market is not at all the safest way in the world to make more money.
[02:31.00]史：投资股市并非世界上最安全的赚钱方式。
[02:34.33]There is no guarantee, for example, that the Ward Pencil Company will do well,
[02:37.27]例如，人们并不能保沃德笔公司会很兴隆，
[02:40.21]and that the stock will go up. The company may do badly.
[02:42.65]股票会涨，该公司生意有可能很糟，
[02:45.09]Then the stock will go down, and the investors will lose money.
[02:47.42]股票会因此下跌，投资者就会赔钱。
[02:49.74]The stock may go up or down for a number of very complex reasons.
[02:52.21]股票涨跌是由于许多复杂原因。
[02:54.68]Everyone wants the stock market to go up, but sometimes,
[02:56.99]人人都希望股票上涨，有时，
[02:59.30]even when a company does well the stock may go down. This is usually true for all stocks.
[03:02.91]即便公司生意兴隆，其股票也会下跌，对所有股票来说都如此。
[03:06.51]S2:You mean it is risky to invest money in the stock market?
[03:08.26]学2：您的意思是投资于股票市场是有风险的?
[03:10.01]P:Well, investing money in the stock market is a gamble.
[03:12.24]史：投资股市是一场赌博，
[03:14.46]Everyone hopes to make money by investing.
[03:16.10]人人都希望投资股市赚钱。
[03:17.75]Companies that need money are glad that many people are willing to gamble in order to make money.
[03:20.95]需资金的公司们很高兴看到许多人因为想赚钱而赌博。
[03:24.15]The stock market is a very interesting and complex part of the business world.
[03:27.14]股票市场是商业世界中一个非常有趣而复杂的部分。
