1·When you buy a mutual fund, you are pooling your money with a number of other investors, which enables you (as part of a group) to pay a professional manager to select specific securities for you.
当你买了基金，你会跟其他很多投资者将钱放在一起，这样你(作为团体的一部分)就可以雇佣专业的管理者来为你选择特定的有价证券。
2·To make matters worse, regulators wrongly believed that the use of derivatives, and the bundling of property loans into securities, had spread risk evenly throughout the system.
更甚者，管理者错误的相信金融衍生品的使用及资产借贷捆绑作为有价证券这两者已经将风险平摊到整个系统。
3·AIG believed the risk of default was low on many securities it insured.
AIG相信在其承险的众多有价证券中，违约风险是很低的。
4·In the end, investors must perform their own due diligence in determining the safety levels of debt and related securities.
最后，在辨别相关债务和相关有价证券的安全级别方面，投资者应提起自身应有的注意。
5·Besides selling securities outright, the Fed has a number of other tools to shrink its balance sheet when it moves to tighten credit.
除了痛快的卖出有价证券，美联储还有一系列别的方法来缩减资产负债表当进入到紧缩信贷。