We have just sold our house and moved into an apartment. This means that we a large sum of cash on hand that is just sitting in our savings account. Roughly $150k. We are therefore looking for investment options, preferably an investment that gives back a cash-flow.
I personally really only know of two options: stocks and rental property. I don't really like stocks as it seems like gambling to me and I don't think this is the right time to invest in the housing market, especially in Los Angeles where I live.
I am not looking for a detailed description, but a suggestion for what investment options I should look into.