If you go to a financial advisor... he's going to talk asset allocation and diversity.
I was in the same situation as you. I got some good advice and purchased real estate. I bought a home for myself and and a rental, got another rental 2 years later and 4 more over the next 10 years. 20 years later and I have $2M in equity in property that has never been underwater and a nice annual income stream(60K+) that I don't do much for.
Real estate has its ups and downs but its not as volatile as the stock market and is an asset that can not only generate capital gains but also income.
I was in the same situation as you. I got some good advice and purchased real estate. I bought a home for myself and and a rental, got another rental 2 years later and 4 more over the next 10 years. 20 years later and I have $2M in equity in property that has never been underwater and a nice annual income stream(60K+) that I don't do much for.
Real estate has its ups and downs but its not as volatile as the stock market and is an asset that can not only generate capital gains but also income.
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