I think I'd still recommend index funds and real estate for a young person today. Buy the biggest house you can reasonably afford, and invest every spare bit of money you have in an index fund. Do everything you can to move from the worker class to the capital owning class, because that's where the returns go. And inflation isn't going away.
In theory, capitalism could fail completely. In theory, governments could stop inflating their currencies. I sure wouldn't bet that way though.
In theory, capitalism could fail completely. In theory, governments could stop inflating their currencies. I sure wouldn't bet that way though.