Also, forgot to address this matter. You’re right about the tighter spreads but the opportunities are still out there. What do you think of green tech and defense? Both sectors should be growth oriented in the near term.
Having the capital liquid is a challenge no doubt. Are you still thinking B-school? If so, try to see if you can get into to finance position with strong bonus potential. You’re an intelligent guy who would do very well in a more entrepreneurial environment. At that point you can also have some additional funds year end to potentially scope out the equities markets.
Definitely keep in mind that the opportunities are out there, perhaps not as prevalent as before. Just get yourself ready with a plan and you should be all set 