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<p>[QUOTE=&quot;Prime Mover, post: 1645611, member: 38783&quot;]If this were me:</p><p><br /></p><p>1) I&#039;d pay off any &quot;bad debt&quot; - i.e. anything that has no tax advantages over 4% interest.&nbsp; I have a mortgage under 4% so I wouldn&#039;t bother as I&#039;d be &quot;losing&quot; money in the long run</p><p>2) I&#039;d put 20-30% of the remaining in PM&#039;s, but I would space my purchases out over a few weeks to cost average, especially if it continues to drop.&nbsp; Personally I&#039;d buy a small amount of gold, up to a half ounce, and the rest into silver, and I&#039;d look also for some nice coins at around spot that also have potential numismatic value (for me that&#039;s silver IKE&#039;s and reasonably priced US silver coins)</p><p>3) I&#039;d then look for a nice mutual fund for another $40% of it, something returning 3-4%</p><p>4) I&#039;d add some stocks to the portfolio with the rest, something with a nice steady dividend return, and reinvest the proceeds.</p><p><br /></p><p>I personally wouldn&#039;t keep much cash on hand as you&#039;ll get pitiful returns on a bank account, but by all means, please don&#039;t dump it all into one place.[/QUOTE]</p><p><br /></p>

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