0 investments that provide an income that does not change over a period of time: --
1 an income, for example from a pension, that does not change over a period of time: --
2 used to describe investments such as bonds that pay the same amount of money every month, year, etc.: --
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This is because of the well-tested tenet that fixed-income investment returns cannot be expected to match equity returns based on historical evidence.
The average gross fee (before discounts) was 1.11 % for equity funds, 0.70 % for mixed and life-cycle funds and 0.60 % for fixed-income funds.
In contrast, the default alternative in 401(k) plans typically consists of fixed-income holdings.
The usefulness of their approach is that they explicitly reckon with the duration of pension liabilities versus the duration of available fixed-income instruments.
Similarly, estimation of continuoustime models, which is associated primarily with interest-rate modeling, is not in the fixed-income/term-structure chapters but in the derivative pricing chapter.
Individuals can choose between one and five funds from some 460 equity, fixed-income and mixed funds.
Financial wealth includes bank deposits, stock holdings, fixed-income securities, and mutual funds.
But there are many countries where this assumption is not valid and there are no domestic entities capable of offering a risk-free fixed-income asset to investors.
Managing Your Emotions
What makes me angry?
Vad gör mig arg?
Mostly，l hate when someone tries to make someone else feel bad.
För det mesta hatar jag när någon försöker få någon annan att må dåligt.
I have to admit that once, when l was actually called names.
Jag måste erkänna att en gång, när jag faktiskt kallades öknamn.
l regretted doing this afterwards, but not full heartedly because l think l was provoked in that situation.
Jag ångrade detta efteråt, men inte helhjärtat eftersom jag tror att jag blev provocerad i denna situation.
The most postive way of dealing with anger is talking about the problem.
Det mest positiva sättet att hantera ilska är att prata om problemet.
l talk to someone who listens, or l'll write my thoughts down on paper.
Jag pratar med någon som lyssnar, annars skriver jag ner mina tankar på papper.
Learning how to deal with anger as you're growing up is so important.
Att lära sig att hantera ilska när du växer upp är så viktigt.
When you're younger, you might yell,or cry when you're angry, but as you get older, you're expected to handle your emotions much better.
När du är yngre kan du skrika eller gråta när du är arg, men när du blir äldre blir du förväntas hantera dina känslor mycket bättre.
Learning to control your emotion now will prevent you from doing something that you'll regret later on in life!
Att lära sig att kontrollera dina känslor nu kommer att hindra dig från att göra något som du kommer att ångrar sig senare i livet!
