- -The concept of being frugal and putting spare money in investments
-The idea behind emergency funds
-A lazy 3-fund portfolio, learned mostly from this forum. I do about 60% total US, 25% total INTL and 15% BND via Vanguard and low ER index funds
-I understand the value of 401ks, using them, as well as IRA. I use a Backdoor Roth every year and max that and my 401k out.
-I've learned that while it's a debated topic, I think most posters here explained that your bond allocation may be best inside a 401k so I do that. That's where I keep my bonds.
-rebalancing, and spending my extra energy on increasing my W2 so that I can have more to invest, stay the course and aim for long term compound interest.
So now that I have a decent amount in there, I want to know if you guys think my knowledge and plan is good enough. Or.. from my summary above, is there anything I'm missing or not doing?