Which Type of Housing Is Preferred by Most People Who

question 107

Multiple Choice

Which type of housing is preferred by most people who are approaching retirement?

• A)House-sharing
• B)Present home
• C)A smaller apartment
• D)Nursing home
• E)Boarding-house/rooming house

---

Definitions:

Diversified Portfolio

A mix of various types of investments (stocks, bonds, commodities, etc.) aiming to reduce risk through diversification.

ETFs

Exchange-Traded Funds, investment funds that are traded on stock exchanges, much like stocks, and hold assets such as stocks, commodities, or bonds.

Diversified Portfolio

An investment portfolio that includes a variety of asset types in order to reduce risk.