I know this is vague but ill try to give specifics. 35 year old single guy, ive been renting for a while in southern CA (rent controlled, $2200). I have over $500k in cash and im putting at least $100k into VT to set & forget.
Should i put more into etf’s or look into a rental property? Im single and i want to buy a house when i have a family but not sure when that will be and i need to make moves with this cash as its just been sitting in a HYSA
Income is ~$300k, should remain around there for a bit. Zero debt, no car payment, just normal daily expenses, dating, some travel.
My parents keep pushing me to get a rental partly to help lower my taxable income as im getting killed there. 401k has been maxed & starting backdoor roth ira. I dont know much about property/rentals but they do and would help
Advice?