Someone gives you $50,000. Where do you put it right now?

What is the easiest way for someone from the US to do this?

Quote from PAPA ROACH:


10K into Australian Treasury
10K into South African Treasury
...
Create your own basket of bonds and be multi-nationally diversified
 
1/3 into SPY at 125
1/3 into SPY at 115
1/3 into SPY at 105

have someone change the password for your account so you can't look at it and come back in 10 years
 
Ivanovich

If I were you this sounds like your safe backup fund.. shame becaiuse what I would have done recently was to convert it from dollars to yen perhaps. other than that.. keep it where it is for a while, with an eye to if you want to risk it short bonds, short gold when the American economy looks to have bottomed..perhaps 4th qtr this year or 1-2nd queater next.... or think about some Google LEAPS (high in the money only).

whatever you do dont be too hasty right now to move it anywhere...
 
Quote from Ivanovich:

I have $50,000 cash sitting in a savings account doing essentially nothing. I don't want to add it to my trading account. I just want it to sit somewhere relatively safe and earn decent interest.

Thoughts?

SU take the fifty and buy this, sell puts or calls on it.
 
Back
Top