What are my weights in a fully levered portfolio -LRB- CAPM Theory -RRB- if I do n't invest my own capital , but I borrow all capital at the risk free rate ?
I have $ 500,000 in cash as a result of my home sale . What is the appropriate investment allocation if my goal is capital preservation , but I would like to earn more than the 1 % available in CD and high interest savings accounts ?