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London Fixed Gear and Single-Speed is a community of fixed gear and single-speed cyclists.
ChasnotRobert
Just to be pedantic - Cash is risk free, almost axiomatically - You can always invest it at the risk free rate (i.e. supported by the national bank).
Property has outperformed cash historically, but has also been riskier, and the property portion of any portfolio has a higher risk weighting than the cash portion.
Any notion of protecting yourself against FX risk doesn't make much sense if your entire portfolio is based in one currency - Any instrument you try to hedge the risk with would already have that risk priced in, and you'd end up paying spread & transaction costs both when you enter into the position, and when you leave it.
Of course, we could all lose our jobs, sterling could go down the shitter, and we could all be left with big mortgages, a higher cost of living, and no jobs.
Anyone want a 4 bedder for £100k?