No. of Recommendations: 5
"Please don't take the following as anything more than the idle thoughts and musings of one individual:"
Absolutely.
"In essence, cash is king."
And of course comes with it's own risk. Risks. Lets make that plural. Inflation of course and currency not holding value, but also possible breaking of the buck in money market funds.
We are already very cash heavy and about to become more so with the sale of our primary residence at the end of October. Looking at taking those proceeds and investing in a Golden Visa for Portugal. Gets money out of the US, invests in Euros, which of course has it's own issues, and provides us with a way to stay in Europe Visa free. Our vacation home here in the US gives us a new primary residence, one that is maintained by others, needing no hands on attention from us.
I confess I am a pretty vanilla investor. This is feeling very much like a Man plans, God laughs moment. Feels like there is no right move, just less wrong.
IP