None real estate investments like IRA, 401k or 529 college funds?

[Joseph Niedermeyer]

For those with day jobs that offer retirement benefits/contributions, is it a smart move to “diversify” your assets through traditional investments like IRAs, 401ks or even 529 college accounts if you have younger kids? Or are we better off funneling that money into more Real Estate deals and growing that area of income/wealth?

[Mary K.]

@Joseph Niedermeyer I guess it's all risk tolerance.

I do all of the above and real estate. Diversifying seems like the safe option for me. I don't want to be pigeon-holed if one asset class tanks and all my eggs are in that basket. My savings split is about 50% stock market and 50% towards my next real estate purchase.

Some people only invest in one asset class like real estate or stocks and that seems to work well for them. 

Hope that helps :)