On: Canada bans most foreigners from buying homes

[sokoloff]

Typically when we say that something is a “good investment”, we mean that it’s something that increases in value faster than inflation.

Conversely, for something to remain affordable over a long period of time, its price must grow no faster than inflation.

[vlovich123 → sokoloff]

As I understand it, a good investment portfolio is one that increases in value faster than inflation. A single investment though can be at inflation or even generate slight negative returns if it's role is as a hedge to sacrifice some of your overall upside to limit your downside risk. Did I get that wrong?