I'm sure I'll get some interesting replies to this question.
My total port/worth is 1.2 billion.
Recently, I've cashed out and sold some stocks, both long, and short.
I now have almost half my port in cash.. over a half a billion dollars in cash.
I have absolutely no idea what to do with all the cash. ''
I just don't want to "spend it anywhere", and take a huge drop in the port.
My philosophy has always been a "slow,steady clinb"
This philsophy has served me pretty well so far.
I'm sure there have been times, I've had, 10 to 20 percent of my port/worth in cash.
Never 50 percent.
What would be some ideas about where I could invest my cash, so it's just not sitting around?
I'd appreciate any feedback.
Thanks.