We have just sold our house and moved into an apartment. This means that we a large sum of cash on hand that it 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 2 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 more suggestion for what investment options i should look into.