yield killer

简明释义

成品率递减因子

英英释义

例句

1.Excessive fees charged by financial advisors can act as a yield killer for investors.

金融顾问收取的过高费用可能成为投资者的收益杀手。

2.Inflation is a significant yield killer for fixed-income investments.

通货膨胀是固定收益投资的重要收益杀手。

3.High taxes can often be a yield killer for small businesses.

高税收往往是小企业的收益杀手。

4.Market volatility is often seen as a yield killer in the stock market.

市场波动在股市中常常被视为收益杀手。

5.Poor management decisions can turn a profitable venture into a yield killer.

糟糕的管理决策可能将一个盈利的项目变成收益杀手。

作文

In the world of finance and investment, the term yield killer refers to any factor or event that significantly reduces the potential return on an investment. Understanding what constitutes a yield killer is crucial for investors who aim to maximize their profits while minimizing risks. One of the most common examples of a yield killer is inflation. When inflation rates rise, the purchasing power of money decreases, which can erode the real returns on fixed-income investments such as bonds. For instance, if an investor holds a bond that yields 5% annually, but inflation rises to 3%, the real yield becomes only 2%. This scenario illustrates how inflation acts as a yield killer, diminishing the actual gains an investor can achieve.Another significant yield killer is high fees associated with investment products. Many mutual funds and exchange-traded funds (ETFs) charge management fees that can eat into the overall returns. For example, if a fund generates a 10% return in a year but charges a 2% management fee, the net return to the investor is only 8%. This discrepancy highlights how excessive fees can be a substantial yield killer, especially over the long term when compounded returns are considered. Investors must be vigilant about the costs associated with their investments to ensure that they do not fall victim to this yield killer.Market volatility is another factor that can serve as a yield killer. During periods of high volatility, stock prices can fluctuate dramatically, leading to potential losses for investors who may panic and sell at the wrong time. For instance, during a market downturn, an investor might sell shares at a loss, missing out on the eventual recovery. This behavior can create a cycle of buying high and selling low, which ultimately results in lower overall returns. Therefore, understanding how to navigate market volatility is essential for avoiding this yield killer.Furthermore, changes in interest rates can also act as a yield killer. When interest rates rise, the prices of existing bonds typically fall, leading to capital losses for bondholders. Investors who are not prepared for rising interest rates may find their bond portfolios significantly underperforming, highlighting the importance of interest rate risk management in investment strategies. Recognizing the potential impact of interest rate changes is vital for protecting against this yield killer.Lastly, poor investment choices can lead to suboptimal returns, making them a personal yield killer. Investing in companies with weak fundamentals or those that are overvalued can result in disappointing performance. For example, if an investor buys shares of a company based solely on hype without conducting thorough research, they may face significant losses when the stock price corrects itself. Thus, diligent research and analysis are necessary to avoid falling prey to this yield killer.In conclusion, understanding the various factors that can act as yield killers is essential for successful investing. By being aware of inflation, high fees, market volatility, interest rate changes, and poor investment choices, investors can take proactive steps to mitigate these risks. Ultimately, the goal is to enhance the potential returns on investments while safeguarding against the various threats that can diminish yields. With careful planning and informed decision-making, investors can protect themselves from the detrimental effects of yield killers and work towards achieving their financial goals.

在金融和投资的世界中，术语收益杀手指的是任何显著降低投资潜在回报的因素或事件。理解什么构成收益杀手对那些旨在最大化利润并最小化风险的投资者至关重要。最常见的收益杀手之一是通货膨胀。当通货膨胀率上升时，货币的购买力下降，这可能会侵蚀固定收益投资（如债券）的实际回报。例如，如果投资者持有一只年收益率为5%的债券，但通货膨胀上升至3%，那么实际收益就仅为2%。这个场景说明了通货膨胀如何作为收益杀手，减少投资者可以实现的实际收益。另一个显著的收益杀手是与投资产品相关的高费用。许多共同基金和交易所交易基金（ETF）收取管理费用，这可能会侵蚀整体回报。例如，如果一个基金在一年内产生10%的回报，但收取2%的管理费，那么投资者的净回报仅为8%。这种差异突显了过高费用可能成为一个实质性的收益杀手，尤其是在考虑长期复利回报时。投资者必须警惕与投资相关的成本，以确保他们不会受到这个收益杀手的影响。市场波动性也是一个可以作为收益杀手的因素。在高波动性期间，股价可能剧烈波动，导致投资者可能会恐慌并在错误的时机出售股票，从而造成潜在损失。例如，在市场下行期间，投资者可能会以亏损的价格出售股票，错过未来的反弹。这种行为可能导致买高卖低的循环，最终导致整体回报降低。因此，理解如何应对市场波动性对于避免这个收益杀手至关重要。此外，利率变化也可以充当收益杀手。当利率上升时，现有债券的价格通常会下降，导致债券持有者的资本损失。没有准备好应对利率上升的投资者可能会发现他们的债券投资组合表现显著不佳，这突显了在投资策略中管理利率风险的重要性。认识到利率变化的潜在影响对于保护自己免受这个收益杀手的侵害至关重要。最后，糟糕的投资选择可能导致回报不理想，从而成为个人的收益杀手。投资于基本面疲弱或被高估的公司可能会导致令人失望的表现。例如，如果投资者仅基于炒作而购买某公司的股票，而没有进行彻底的研究，当股价修正时，他们可能会面临重大损失。因此，认真研究和分析是避免陷入这个收益杀手的必要条件。总之，了解各种可能充当收益杀手的因素对于成功投资至关重要。通过意识到通货膨胀、高费用、市场波动性、利率变化和糟糕的投资选择，投资者可以采取主动措施来减轻这些风险。最终目标是增强投资的潜在回报，同时保护自己免受可能降低收益的各种威胁。通过仔细规划和明智决策，投资者可以保护自己免受收益杀手的有害影响，并努力实现他们的财务目标。