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We want a comfortable nest egg and the ability to do more of the things we like.
Heres a breakdown of his investment approach.
Chris doesnt ignore international markets.
Another 20% goes into VXUS.
It covers over 7,800 non-U.S. stocks across 48 countries.
The expense ratio is higher, but its worth it for global diversification, he said.
Bonds for Stability
Ive allocated 15% to BND, Vanguards Total Bond Market ETF.
It follows the Bloomberg U.S.
Aggregate Float Adjusted Index, which I personally love, he shared.
This helps balance his portfolio during stock market volatility.
High-Yield Savings and CDs
Chris keeps his emergency fund in a high-yield savings account.
I use Ally Banks online savings account.
It has a great APY with no minimum balance, he said.
Hes also laddered $50,000 in CDs.
I opened five $10,000 CDs with terms from 1 to 5 years, he said.
Im all about diversification I read a lot of financial sites!
Chris also researches value stocks using metrics like price-to-earnings ratio and price-to-book value.
Long-Term Perspective
One of the biggest rules of thumb Chris follows is automating his investments.
I automatically put around $2,000 in every month, he said.
Im not trying to time the market.
I just stick to my plan and let compound interest do its thing.
But I dont want to be paycheck to paycheck my entire life I want to retire early and travel!
Investing like this, it seems like hes well on his way.
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