That’s just one of several recent trends in real estate in Greater Houston, No One Wants to Be in the Office Another issue for commercial property is that, well, …

I am 33 and have 300,000 USD in savings + 50K in 401Ks in houston and have no investments and it’s all in cash and I have no debt. Is this a bad idea?

You are in a solid financial position and the “problem” you are facing is a high class one. Your net worth definitely qualifies above “decent” in the U.S. If you keep doing what you’re doing, you probably won’t have to worry about being out in the streets.

Given that, having all your worth in cash is usually a sub-optimal use of your money in the long-run. I don’t know what your job is, but you shouldn’t count on being able to make $250k until retirement. You should try to make your money work for you and earn a decent return. Right now, it is working as a safety net, one that you don’t really need at the moment.

You definitely want to keep some of your savings in cash as an emergency savings fund. Three months of expenses is the rule of thumb, but you should have whatever you would feel comfortable having assuming you lost your job and had to find a new one. For the rest of your money, you should try to find some way to use it to earn you more money.

Stocks return on average 8-10% annually over long periods of time. Over the next year, it could be down 30% or up 60%. Over the next five years you may double your money or it may do nothing and stay flat. But over the next twenty to thirty years? Statistics would be on your side for that one. So if you don’t need the money for a long time, look into investing some of it in the stock market. Buy a simple S&P 500 ETF if you want to do it the lazy way. It may also be the smarter way.

You also mention real estate. Revisit what is holding you back on investing in a house. Debt on its own isn’t a bad thing, and leverage is very powerful if you use it wisely. Too much and it can destroy you too, but know your limits and moderate leverage can help you grow your money faster than you probably thought possible. And from what I know, there is a lot of opportunity for real estate investment in Texas (although I’m not an expert so take this comment with a grain of salt).

Asking this question is a great first step and you’re heading in the right direction. Best of luck!