I need some advice, I received a significant amount of money from a legal settlement for land my family owned and is now deeded to me. This is a lot of money after taxes and court fees. Where should I put this money in the interim of having to use it? I don't think I will need it for a couple of years and I want it to grow modestly.
I know the economy is getting killed, in fact this settlement in a way saved me. Is now a good time to invest this money? I am thinking highly undervalued stocks, such as the financial sector, and a number of diverse options such as Large cap and Small cap stocks, health care, commodities, Foreign ADR's, and a number of other real estate investments as that sector has been hit pretty hard too. I think the Economy is going to turn around, and I can already see Obama has started making some good changes.
Is now the proper time? What should I buy, I know some of you work in this field and would like to know your thoughts. Thanks in advance for your help.