how to install two versions of xcode

Question

I have one version of xcode installed in my mac and now I want to install the new version but I want to keep the old one also. How can I achieve this?

Answer 1

When I installed Xcode 4 it automatically went into it's own folder at the root level. To make sure when you are installing check the install location and make sure it is not /Developer if for some reason it is just change it.