Comment by matwood
11 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.