I recently inherited a modest sum of money and am trying to determine what to do with it. So, with the market as volatile as it's been recently, what are you guys investing in? Or are you? I haven't really been investing in anything new lately, so this is the perfect time to diversify. Besides my 401k at work, I have some individual stocks purchased several years back, but I haven't done anything recently. I also have a mutual fund that I bought into that focuses on leisure and entertainment. I've been pleased with it's results, but I'm ready to branch out. In the technology sector, I've heard that 'cloud' networking (if that's the proper term) is the next big thing and is potentially a huge earner. The trick is trying to determine who'll emerge as the market leader. Then there's gold, which is always a safe investment, but its already at an all time high. My first inclination is to say that, given it's current value, there's not much more money to be made, but in my research to date, firms that have put together mutual funds based on the mining of precious metals or gold have had incredible returns the last few years. Again though, how much is left to be made going forward for someone just jumping in? Any other recommendations that can be a jumping off point for the research I'm currently conducting?