Next Steps in Career and Investment Advice

New
LCnM21

New

LCnM21
Mar 18 7 Comments

In a couple months I'll graduate with a masters, and start a role as a hardware engineer at Apple. This has been something I’ve dreamed of my entire life so it feels unreal that I actually landed the job. I'll be living in San Francisco and am aiming for the cheapest rent I can get. Over the past few years I've been looking into Short Term Rentals as a method of achieving financial independence and retiring early through passive income. I've got about $300k in savings and have been considering purchasing a STR somewhere outside of the Bay. I like the idea of retiring early and reinvesting through my STR cash flow, but I haven’t even started a career that I think I could be great at and would enjoy. Even when I get to the amount of STR cash flow I'd need to be able to retire I don't know if I would want to. I'm looking for advice on if I should take on the additional hassle of running my own STR (which will most likely be out of state) or if I should take the extra time of not having to run the STR and invest in myself/my work at Apple. Then invest my money in either ETF's or FAANG stocks. Would love to hear advice in general on this. I've also been considering house hacking in SF due to high rent, but the housing costs here are so high I don't know if that makes more sense than buying an STR out of state. Thanks for any advice you can provide!

TC: $135k base, $80k/4 RSU’s, $25k sign on
1 YOE in different field before Masters

#personalfinance #investments #career #advice

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TOP 7 Comments
  • New / Finance
    bull💹

    New Finance

    PRE
    Coinbase
    BIO
    interested in building your wealth?? dm📥
    bull💹
    Invest in stocks besides you are just starting out you've got a long way to go so don't worry much and play it wise. Feel free to reach out.
    Mar 18 4
    • New / Finance
      bull💹

      New Finance

      PRE
      Coinbase
      BIO
      interested in building your wealth?? dm📥
      bull💹
      VTI/VOO is a good go look into index funds and growth stocks SPY. also feel free to reach out.
      Mar 18
    • New / Finance
      bull💹

      New Finance

      PRE
      Coinbase
      BIO
      interested in building your wealth?? dm📥
      bull💹
      Hey just in: PYPL,SQ,FB long term holdings
      Mar 19
  • Tesla
    LXvj51

    Go to company page Tesla

    LXvj51
    Looks like you've got it made and are in a great position.

    Avoid being overexposed to tech if possible and don't forget to enjoy yourself. Die with Zero is a book that changed my life and the way I view money.

    You're just starting out- don't worry so much about retirement. Rack up experiences while you are younger
    Mar 18 0
  • If u want to do a side hustle - stay close to your job to reduce commute time and find another employer than apple - most likely the job will be super demanding.
    Mar 18 0