Vocabulary --> Financing and Budgeting --> Investments --> Word to practice


Read the passages and choose the correct answer:

To:        Amelia Waddell

From:     Peter Simpkins

Subject: Investment

   Hi Amelia,

I wondered if you would give me the name of your investment advisor. My business is doing very well this year. In fact, I am now making a lot more money than I did when I had a job with a salary. I would prefer to invest my profits in the stock market as I'm sure I would earn more money that way than just letting it earn interest in a bank account. Of course, I want to invest wisely, so I am looking for professional advice. You know I tend to have a conservative attitude toward money, and I hope your  advisor can help me make some safe investments. Please get back to me soon as I'd like to get started on this before the end of the month. Thanks.

   Peter

 

To:        Peter Simpkins

From: Amelia Waddell

Subject:   Re: Investment

 Hi Peter,

I would be happy to help you out. As a matter of fact, I just talked with my investment advisor this morning, and she mentioned that she is looking for more clients.

Her name is Susannah Oliveros. I have been working with her for several years and have always been

satisfied. I have gotten good returns on the investments I have made with her. I will call you this afternoon, and we can discuss all the details then. I will also give you her phone number so you can call her tomorrow. I know you will like her.

 Amelia


1. Why did Peter write the e-mail message?
A. He lent some money to Amelia.
B. He is looking for a job.
C. He is looking for new clients.
D. He needs some investment advice.
Explain:


2. Why does Peter have extra money to invest?
A. He earned a lot of interest in his bank account.
B. He made money in the stock market last year.
C. He has a high salary.
D. His business is very profitable.
Explain:


3. When will Amelia call Peter?
A. Before the end of the month.
B. This morning.
C. This afternoon.
D. Tomorrow.
Explain:


4. The word wisely in the first e-mail is closest in meaning to ................
A. smartly
B. quickly
C. carefully
D. easily
Explain:


5. The word returns in the second e-mail is closest in meaning to ................
A. profits
B. gives back
C. suggestions
D. goes back
Explain:
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