Please help with reallocation...

Please help with reallocation...

Posted in the 401K Forum

Bobby

Rochester, NY

#1 Oct 3, 2011
Okay the main details of my situation are: I'm 24 years old. Only making about $25k, contributing 6%, company matches 3%. Obviously I'm young, so I don't plan on touching this money for quite a long time. I'm very open to taking risks as I have plenty of time to ride out the ups and downs as long as the growth potential is there.

My company's 401k provider offers the following funds (With my current allocation in parentheses):

Putnam Money Market A
Alger Mid Cap Growth Fund A (50%)
John Hancock Classic Value Fund A
Calvert Income Fund A
BlackRock Asset Allocation Portfolio (25%)
BlackRock MidCap Value Equity Portfolio
Goldman Sachs Government Income A
Alger Spectra Fund Cl A
Invesco Trimark Small Company Fund A
Wells Fargo Intl Equity A (25%)
JP Morgan Smart Retirement 2010, 2015, 2020, 2025, 2030, 2035, 2040, 2045, 2050

SO do my current choices make and sense at all and how can I change this to better match my situation and goals?

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

401K Discussions

Title Updated Last By Comments
News Gold IRA Rollover - Securing your investment po... (Apr '14) Thu ryanbailey79 2
401k Sep 2 keithw 1
401 Distribution because of loss of employment. Jul '15 Shamrock 1
AIF Designation Jun '15 JKPC2015 1
Bitcoin Investment - Invest 10 btc Return 80 bt... (Dec '14) May '15 dagahhf 2
Do You Have Enough Money For Retirement? May '15 FreedomL 1
401k loan Apr '15 Jcaz 1
More from around the web