I know a lot of millennials. I work with a lot of millennials. And something I hear from a lot of you is that you'd prefer home ownership to investing because your parents lost a lot $$ in 2008.
But those trying to choose between owning a place vs investing. I’d much rather have you investing long term before buying a house
"My advice to the trustee couldn't be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's.)"