Got the funds, need the knowledge

find what you are good at, build on it, and sit on your funds for a while, don't throw them around on petty bots / books etc, everything you need is available for free (atleast 99% of it.) Good Luck.

making money online basic steps are

1. find something to sell
2. decide how you are going to sell (basically your funnel or money website or any platform which you can leverage to sell your or affiliate product.)
3. work on traffic , tracking and conversions.
4. scale up (once you have something working. just scale up with your resources.)

Next step ?
as you said you are newbie, go and find answer for these question...like how to find good product to sell ? or how you can set up your money website ? or learn something about traffic , conversion or tracking stuff..

more time you put to learn these steps, more profitable you can build your business.