Investors nearing retirement will typically shift their investment portfolios to include risk investments.
a. lower
b. moderate
c. higher
d. none of the above – when nearing retirement, investors typically move all their investments into savings accounts

The answer to this question is A. Lower
Older investors tend to already establish a family and had to risk the future of their wives and children when they decided to pursue an ivnestment.
This burden made them tend to choose low risk-low return investment because it provide more stability for them.

Bthreatening to ally with germany