Something like the Vanguard FTSE All-World ex-US ETF (NYSEMKT: VEU) could do the trick nicely. Each of these categories comes with its own unique set of benefits and risk factors, and investors should proceed with the understanding that there's no sure-fire answer to the inflation question with so much uncertainty on the horizon. While the real estate market is already red hot and some analysts have raised reasonable concerns about a potential housing bubble, buying property is currently what I'm looking closest at.