Help! Pregnant and getting laid off!

[Shaminique Mason]

Hello I am new to the forum and somewhat new to investing (I bought one house rented it and sold to my tenants 3 years ago) I have been working as an accounting since graduating college in 2008. I am pregnant with my 3rd child and recently found out I will be laid off from my job the month I have my baby. However, losing my job has made me really re evaluate things and I really want to get back into investing and be free from a 9-5. I have $40,000 to invest but not really sure of the best strategy  (Columbus, Ohio) .So my question is....if you were in my situation what would you do if you had 40k to invesst? Any advice would be greatly appreciated.

[Takeo Kingi]

Couple questions, first are you married or were you the sole income for your family? If you're the sole income for your family I'd hold off to invest the $40k until you've secured another job. Your baby will be your priority and regardless you'll be off for for a couple months after you have the baby. Part of that $40k may need to be used for living/medical expenses etc. Once you've secured a new job or if you are married and can comfortably survive off your husbands income then there are plenty responses above as far as investing goes! Personally I'm a big fan of the house hack especially if you can get into a multi family. Best of luck and congrats on the baby!