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

Discussion in 'Trading' started by Ivanovich, Jan 21, 2008.

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

     
    #11     Jan 21, 2008
  2. 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
     
    #12     Jan 21, 2008
  3. 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...
     
    #13     Jan 21, 2008
  4. #14     Jan 21, 2008
  5. I appreciate the serious answers (and even the PAL one, that was funny! :)

    Thanks in advance, gents.
     
    #15     Jan 21, 2008
  6. SU take the fifty and buy this, sell puts or calls on it.
     
    #16     Jan 21, 2008
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    #17     Jan 21, 2008
  7. Daal

    Daal

    put on MFA it will keep going to the moon as the fed cuts or NLY
     
    #18     Jan 21, 2008
  8. plax

    plax

    Go to Vegas, put it all on red, it's a lucky colour at the moment for the bears.
     
    #19     Jan 21, 2008
  9. #20     Jan 27, 2008