well I'm the kind of person to whom which five years in obscurity feels like a boring weekend. For as long as I'm going to actually live, the urgency with which I do anything seems to imply I might live to be several thousand years old
Not an admirable trait, probably, but it does grant an automatic and godly talent for restraint and long term planning. No idea what any market's going to be like in five or thirty years, to the day. Up though. Up in relation to today, unless the world ends first. In which case it doesn't matter what you did.
If you don't like local markets, go for foreign equity. A great bulk of the last push I put into my account was in US equity. Still about half of it is Canadian. I feel as far as investment goes anywhere, that's as good a place as any. Chances are this is how any adviser would direct you regardless.
The idea is just that you'll be in long enough that the thirty year trend line makes it worthwhile, even when things go to shit. Which they will of course. But the nice thing about people is they're basically predictable in the long run. When things go to shit too severely or for too long, they go back to protecting the investments. Eventually.
If you're not going to buy gold bullion, there's nothing better to do with the money. At least keep it safer from inflation. Like most people I wouldn't extol the miracles of the economy right now, but a 6-7% return on average year to year looks attainable. Knock off a point and a half for inflation. Better than letting it rot for sure.