Unit 10 Learn how to manage your wealth

Basic listening  DCABC

Listening in

Task 1

future needs    shares   risk    banks    30    a half

rate    capital loss       interchangeably       savings 

Task 2  DBCCA

Task 3  ABBAA

Let's talk

Task 1

1) they must sort out their cash flow problem by selling a part of the business to investors.

2) it's a realistic amount to take this manufacturing business forward.

3) they must update their initial business plan

4) it's time to put on the suit and try to sell part of Cyclepods to an investor.

5) so I'll have to... maybe get the heavies in or something.

6) The most important thing James needs to do over the next two months is to raise cash

7) Cyclepods can't do anything without an updated business plan.

8) it's back to basics for a fun evening of number crunching and spread sheets,

9) it's time for a professional and considered rehearsal to get his sales pitch just right.

10) Presentation skills are going to be crucial 

Further listening and speaking

Further listening

Task 1  ABDBC

Task 2  CBDAC

Task 3

1. He has been following the roller coaster ride of his stock portfolio and it's driving him mad.

2. Stocks are pretty hard to predict. So she has put her money into hedge funds.

3. A hedge is a way of reducing risk. A hedge fund is a company that creates a stock portfolio that tries to balance the market activity.

4. Analysts examine stocks to assess which ones are likely to go up, and which will likely go down.

5. He says that if he leaves his money with a fund manager, perhaps the manager can trade his stocks in a more profitable way.

Viewing and speaking Task 1

cash    easy    results    pay    bills      head                                       

26 percent / 26%      close the deal    figures     idea      plan        

fine      business guide        voting rights

say     strong point   investment      150,000 / 150000

26 percent / 26% 

Unit test 10

BDCDB

(1)individual (2) owned (3) managed (4) invest (5) ownership

(6) shareholders (7) investors   

(8) shareholders are often able to own a greater and more diverse number of stocks than if they invested directly  in the stock market  

(9) the investment management company sponsoring the fund issues new shares to investors and buys back shares from investors wishing to leave the fund  

(10) The sponsor does not buy back or issue shares after a closed-end fund is launched, so the investor must trade  them through a broker

CDCAA

BCADB CDADB