>>60643982 (OP)Gold is a great inflation hedge, I would take 20% of what you have and convert it so you don't have to worry about other people's bad decisions eating up your money. Also, if you live somewhere like Canada or Australia that has a nationalized mint, you should buy gold coins from there, not bars. If you want to move your gold out of the country, a coin minted by an entity like, say, the RCM counts as currency. If you wanted to move an ounce of gold to say, Europe, would you rather pay a 25% departure tax on $5k worth of gold, or 25% of the face value of the gold coin itself (usually $50)?
Also, I'd advise you to invest in P2P debt. If I were you, I'd start by loaning out 80% of what you have and getting interest. Just like credit card companies, compounding interest can work in your favour. While index funds have 1-4% growth on average, lending can net you a 12-18% return if you have a decent lending platform. Having debt (as a creditor) in your portfolio counts as regular earned income, so you won't have to pay a capital gains tax on your earnings, and it primarily exists to supplement the regular income you'd get from working, except you'd get it in periodic principal + interest payments.
While you're at it, you could purchase some NFT's to reduce your nominal tax rate to 0% if you aren't already carrying forward capital losses. NFT's exist to exploit the same loophole that billionaires do concerning intangible assets and taxes. If Bill Gates donates a Picasso for $1 mil to one of his charities, he gets a tax receipt for that same amount. Similarly, When I buy a $30 NFT, "appreciate" it by $30, and donate it to the Salvation Army, I get a tax receipt for $60. That is literally the only reason why NFT's exist at all. That is their primary, overarching purpose. They are not investments. They're tax sheltering vehicles. When you use them as they were designed to be used, you get to benefit wildly from it.
