Comment by matwood
6 hours ago
Cash is absolutely not safe. Between the fx risk and inflation risk out there, cash is losing purchasing power daily.
Gold is interesting because it was a hedge for a long time, but with the recent run up I wonder if it's entering meme territory. Now that it's moving, people are jumping into it.
Real estate outside the US is going to be reasonably predictable for a while yet. That's only going to get truly shaky after the baby boomers head into nursing homes in a big way and population decline sets in (the market is absolutely not ready for a glut of supply IMO).
It would be difficult to lose money on Manhattan or coastal Californian property as well.
I also own RE in the EU, but I'm planning to live/retire in it.
Took me way too many seconds to sort out RE wasn't Regular Expression.