What to do with $150,000 cash right now (January 28, 2008)

opened at 11.22 on 1/28

closed yesterday at 12.19 and will pop on the open today with the CPI report



10% in a month and i sleep very well at night

 Yep, been following and added along with DBA. I think this may be a short term top, but as they print more dollars....prices of assets to rise methinks, despite recession fears. They are inflating their way out of one problem into another.

rja trading at 12.73

3% move today

Consider Longleaf Partners Fund.

They recently re-opened and, although they sometimes have poor short-term results, their long-term returns are extraordinary and safe.

I wouldn't have too high of a percentage in equity, though, at this point.  No more than 70%, let's say.

for more on RJA check out GRU...a similar ETN which holds a basket of grain commodites

or you could buy MOS, MON, POT

Why pay an ETF index an expense rate of around 1 % to blindly allocate your funds when you can pay real professionals who consistently find safe and compelling investments the same rate?

Longleaf Partners Fund, Dodge & Cox, First Eagle Global, and Third Avenue International Value are all good bets for mutual funds.

Gold.

  I told him capital reservation was the first priority and the CD route was all I could seriously recommend, although I thought GLD was worth a percentage.

 He has $100,000 in short term CDs coming due in a few weeks. Frankly, I don't see much point in leaping into this market, and cash is a valid position...he did tell me some of that went into gold but I am not sure what percentage nor in what form (GLD or bullion).

 Either way, I think he expected me to go out on a limb, and I chose not to.Neither did he, apparently.

  Like I say, I think he knew all along what he was going to do with it, and was just testing me. It is his little program, and I suspect he will continue to be able to help a few kids no matter what. $150,000, sad to say, does not go far in education these days, elementary or secondary.The cost of textbooks alone is amazing.

 By the way, I saw where Marty Whitman of Third Avenue was in as low a cash position as he has ever been, so clearly he thinks it is time to buy.I will just be less brave and sit until the smoke clears:I think there are many more bombs to drop in the financial world.