Need Direction

[Jason Schmidt]

I have been lurking for a few years here, and have posted a question from time to time, but am closer to being serious about this whole thing. Here is my situation: I have a 40 hour / wk work schedule that is not demanding. I probably "work" 25-30 of those hours each week, and gross 130-150k. After my passive income, I have to come up with probably $700 a month for my family to meet bills (house is paid off). We have 40k cash right now and basically I want to get into real estate - I want to have more passive income! If you were in my shoes, what would you do? Rentals, flipping, commercial etc? Would love to hear your thoughts!

[Bill Gulley]

Originally posted by Aaron Pfeffer:

The one component needed in providing a decent response is understanding just exactly where you live? Mid-West, Key West, City Dweller, Peru?

Don't blame you for not wanting to share too much about yourself in profile, but just blindly telling you to invest in something without knowing much more than your income would be irresponsible.

Great Point!

I'd like for the original poster to tell me how to invest in stocks, I have 40K to invest. Should I start with puts or calls, or should I go to green or angel stocks?

Now, if you can help me without looking at my profile, I can help you just as effectively!

You can get some great advice here, but those who assist need to have something to go on, throw us a bone here....Bill