First, build an emergency fund worth 3-6 months of living expenses, storing it in a high-yield savings account. Next, max out your 401(k) contributions, taking full advantage of any available employer match. Consider investing in a diversified portfolio consisting of 60% domestic and international stocks, 30% bonds, and 10% alternative investments such as real estate, for balanced growth and risk management. Regularly evaluate and adjust your asset allocation to stay on track with your financial goals.
Current financial situation: Annual income: $80,000, Savings account: $45,000, 401(k): $20,000, No Debt.
Take the role of a financial advisor and recommend an investment strategy for someone in their 30s with a moderate risk tolerance.