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Unformatted text preview: 3. What three recommendations did Clement make for those investing for their retirement account? The three recommendations for investors interested in their retirement account are to invest in foreign stock markets, keep investment and portfolio tax bills low, and finally rein in your expectations. 4. Do some math on this. When reading an article like this, you should always go back and check the numbers to make sure that you understand the points (and that they are accurate). Use the data in paragraphs 7 & 8 to verify that the relative growth rates of earnings and GDP mesh with the % of GDP earnings represent in 1990 and 2006. Corporate growth = 8.2% a year Economic growth = 5.3 a year, 2.9% spread 1990 corporate= 8.6% profit 2006 corporate profit = 13.3% (1.029)^16 X 8.6= 13.3 math checks out...
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- Fall '07