What to do with $50,000 now

Low interest rates and the recent stock market surge make this a challenging time to find the best places for your extra cash.

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Buy art by a modern master

Prices of investment-quality work by artists from the late-19th to early-20th centuries have taken a hit of about 20% since the recession began -- putting drawings from the likes of Miró and Picasso in your price range. Sotheby's recently sold this Picasso for $50,000.

NEXT: Diversify your fund portfolio

Last updated October 21 2009: 11:03 AM ET

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