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

[Warrior4g]

back in the day i would take 50 grand and put it on the street at 5 points a week. then RICO came along and ruined everything.

 

[parabolic]

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?

Buy 5 Green Monster Boxes of American Silver Eagles.

 

[NY_HOOD]

buy 2 kilo's,cut it up and sell it.

 

[trader_david]

dead money, I smell it. loan it out like subprimie morgagte

 

[TheAngryHermit]

https://bank.countrywide.com/scontent.aspx?cmtag=content-savingsLink

 

[itcanbedone]

TASR

 

[El OchoCinco]

If your time horizon is 10 years or more, put it in the market now and just forget about it.

 

[increasenow]

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?

emini SP (ES) futures to daytrade and short OIL (CL) futures...

 

[btowntrader54]

Prepare to plop it into a rental / vacation property.

 

[Ivanovich]

Quote from increasenow:

emini SP (ES) futures to daytrade and short OIL (CL) futures...

I wouldn't short oil if someone gave me ten times that amount. And especially after reading your "Bush is a hero these last 8 years" post, you'll forgive me if I exclude your advice from the list of good ideas.

I've decided to look into putting it into Everbank's foreign currency CDs. The Iceland Krona is paying close to 13%.