I've done an 8 month tour in Sangin Afghanistan, and a 7 month tour that had me travel from Japan to Thailand.

I've moved around quite a bit (NV, UT, ID, WA, HI, Japan, UK) and recently begun putting down roots here in CO after returning from 4 years in England working for NATO.

With China, Japan, and the EU expanding their own versions of quantitative easing, one could argue that the only way the FED is going to raise rates more than on a token basis is if there is some signs of serious inflation.  

(Unless you're in Japan or the middle east and decide to pour dirt into the ocean to make your island bigger!) 

I am in the military and currently stationed overseas in Japan, however, my wife lives in Surf City, NC where we have a townhouse together.

@Timothy CasallasHey Timothy - I read your profile and it appears that you will be stationed in Japan soon.If you invest in real estate. you may want to look into investing in states with no income tax(such as florida) this will be one less tax return that you will need to file.Also - if you have an account in excess of $10,000 during the year in Japan - You should report it to the IRS.

This becomes a chicken & egg discussion for me.Not to mention the fact that I'm not ready to declare, in perpetuity, that treasuries are "safe".The simple fact is, people will always need a place to live and there is no new land being created, unless you are in Japan or UAE, where they are pouring sand into the ocean!

Just take a look at Japan.

Japan has kept rates low for a couple of decades which leads me to believe there's more cheap money runway left.All the best!

Hello Gentlemen,Good morning from Tokyo, Japan!