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All Forum Posts by: Austin Murphy

Austin Murphy has started 1 posts and replied 2 times.

Post: First time investor from Tech

Austin MurphyPosted
  • Posts 2
  • Votes 0
Quote from @Bruce D. Kowal:

No one asked me, but with that savings, you should consider medical school.  

Bruce - My tech offer was very very generous. I am not a young man, but live in the SF Bay Area where property I would live to purchase for myself isn’t within reach. I’m mostly a stock market investor.

Post: First time investor from Tech

Austin MurphyPosted
  • Posts 2
  • Votes 0

Hi all - I’ve had a pretty serious windfall recently and had an exit from a startup and a new role at a major company with a pretty crazy compensation structure. 

I have about $500K cash and will additionally have about $75k every 3 months or so to invest.

My plan was to buy a rental property every 3 (50k from savings and $75k from quarterly RSUs = $125k) months until I have 10 properties, then save up and take stock, reassess, etc.