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Buy a house or invest in the market?

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Need advice on whether I should utilize my cash to buy a house or invest in the stock market. 

Here's some info about myself that may help in you providing advice:

31 years old

1 kid under 5

Married

Employed 

$200k in cash

currently renting for residence in Bay Area

no credit card debt

high credit score

 

Looking forward to your responses. 

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