
Preparing for the Future
It's a time of (0) contentment that should be as relaxed and as worry-free as possible. For the financially well-prepared, retirement can mean the (1) ……………… of hobbies, going on (2) ………………………… and the odd trip abroad. For those who fail to organize their affairs properly, however, a worryingly different reality looms - one of tightened belts, limited (3) ……………………. and the scramble to find other sources of income.
In the face of already creaking budgets and alarming (4) ……………….. trends European governments are (5) ……………… trying to scale back their pension obligations. As the state looks for ways to alter the retirement (6) ………………. picture, the onus will increasingly be on you, the individual, to boost the (7) ……………… you will have in your frost-working life. Building a decent retirement pot takes time and planning, and while portfolios can always be fine-tuned to suit individual needs, it is best to check the (8) ……………………… of any investment.
Start as early as possible. To young workers, retirement can seem a long way off. But the longer you wait, the harder it is to catch up - and the more you will have to put (9) ………………… later.
Consider your age. As a rule of thumb, the younger you are, the longer your investment time .horizon and therefore the riskier your portfolio can be unless you are (10) …………………………. lucky.
(0) CONTENT (1) PURSUE (2) OUT (3) SAVE (4) POPULOUS (5) DESPAIR (6) PROVIDE (7) COME (8) SUIT (9) SIDE (10) EXCEPT
A Trip Back in Time
Let's do the time warp and head back to 1973. What is the biggest (0) difference you notice between life now and almost 30 years ago? Probably nothing more startling than the men's (1) ………………….. bouffant hairstyles.
In terms of the (2) …………………… and pleasure offered by the (3) ………………… of the time, 1973 would provide a soft landing for Millennium Man. A trip back to 1973 would certainly not be a return to the Dark Ages.
In some ways, of course, 1973 does seem a world away. In that year, computer pioneers like Apple's (4) ……………. , were still working out of garages and were entirely (5) …………….. to the public; VHS was a meaningless combination of letters, with (6) ……………….. home video recording not due to appear for another two years.
One of the less (7) …………………. developments in 1973 was ABS - one of the earliest consumer (8) …………………. of computer micro- processors, which the Intel company in the States - long before it became a (9) …………………… name - had developed in 1970. The microprocessor was the last component that needed to be invented for small home computers to become a (10) …………………… .
(0) DIFFER (1) RIDICULE (2) CONVENIENT (3) TECHNICAL (4) FOUND (5) KNOW (6) PRACTICE (7) SPECTACLE (8) APPLY (9) HOUSE (10) REAL
Battle to Save the Amazon
As the Brazilian transport plane (0) banked over the Amazonian rainforest, (1) ……………… Ghilean Prance gazed at the dark green canopy below: an expanse of trees almost (2) ………………….. for 2.5 million square miles, with more (3) ………………. of plant and animal life than any other place on earth.
Few (4) ……………. knew more about the rainforest and its ecosystem than Prance. He had just been appointed (5) ……………. of postgraduate studies at the National Amazonian Research Institute in Manaus, the Amazonian regions' capital. Before that, as research assistant then a curator of the (6) ……………. New York Botanical Garden, he had spent almost ten years working on the forest.
In his search for new plant specimens he was more used to travelling on foot or by boat. But now the Brazilian (7) ……………… government had constructed a road through the Amazon basin. On this bright November morning he was flying out with two other course tutors and 14 botany (8) …………………… to study its impact on the rainforest.
Suddenly, below the wing, he saw a long (9) ……………… cut across the forest. This was it - the new 3,400.mile Trans-Amazonian Highway. With a sudden stab of foreboding, he thought: What's this going to do to the forest, and all its (10) ………………… …
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