But for three decades before that, equity prices easily outstripped property prices (see chart 2), so in the long run equities have been a better bet than houses.
但如果在三十年前,股票价格会轻易的超过房产价格(见表达式2),因此从长远来看,股票相较房屋是个更好的赌注。
Their returns over a sustained period of time have outperformed standard equity and bond indexes with less volatility and less risk of loss than equities.
在一段时间内持续的回报都超过了以较少的波动,少损失的风险比股票和债券指数的标准股票。
Valuations for European equities remain attractive relative to cash and bonds, as well as other equity markets.
与现金、债券,乃至其他股市相比,欧洲股市的估值仍然有吸引力。
When you look at each of those individual asset classes -domestic equities, foreign equities, bonds, real assets, absolute return and private equity -each of those individual asset classes is going to be relatively well-diversified in terms of exposures to individual positions or individual securities.
当你观察每一种资产,比如国内股权,国外股权,债券,不动产,绝对收益和私募股权,这其中每一种,比起单一头寸或单一证券,风险都是相对分散的
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