How would you invest $200K?

[Nathan Getty]

I have around $200k sitting in the bank right now and I do not own a primary residence. I am deciding what investment avenue I should pursue. The only debt I have is around $40k in student loans combined from undergrad and a graduate school. I believe that I could be making a salary of 60-80K this year.

-Should I buy a primary residence? 

-Should I invest majority in the stock market? 

-How would you invest in real estate? 

-Other investment ideas? 

Thank you