Another 401k Allocation Help Thread

[biast]

I have about 22k (627.231shares) in my 401k that I have earned over 3 years by investing 100% of my funds into OPPENHEIMER GOLD & SPEC MIN N. I am 33 years old and primarily concerned about growth. I am not diversified and looking to increase my 401k balance. Any suggestions on allocation? I have just been researching on morningstar and I would like some pro insight.

 

AMERICAN U.S. GOV SEC FUND R3*

AM FUNDS CAP WORLD GR & INCOME*

ALLIANCE BERNSTEIN REAL ESTATE

NEUBERGER BERMAN HG INC BOND

PIMCO TOTAL RETURN R $0.00

AM FUNDS FUNDAMENTAL INV INC*

DAVIS NY VENTURE A $0.00

AM FUND GROWTH FUND OF AM*

INVESCO VAN KAMPEN COMSTOCK

COLUMBIA MID CAP GROWTH A*

AMERICAN FDS 2010 TARGET DATE*

AMERICAN FDS 2015 TARGET DATE*

AMERICAN FDS 2020 TARGET DATE*

AMERICAN FDS 2025 TARGET DATE

AMERICAN FDS 2030 TARGET DATE*

AMERICAN FDS 2035 TARGET DATE

AMERICAN FDS 2040 TARGET DATE*

AMERICAN FDS 2045 TARGET DATE

AMERICAN FDS 2050 TARGET DATE*

AMERICAN FDS 2055 TARGET DATE*

JOHN HANCOCK LIFESTYLE CON R3

JOHN HANCOCK LIFESTYLE BAL R3

JOHN HANCOCK LIFESTYLE MOD R3

JOHN HANCOCK LIFESTYLE AGG R3

JOHN HANCOCK LIFESTYLE GR R3

SELF DIRECTED BROKERAGE ACCT**

OPPENHEIMER GOLD & SPEC MIN N

BLACKROCK S&P 500

COLUMBIA SELIGMAN COMMS & INFO*

JANUS TRITON FUND A

COLUMBIA SMALL CAP VAL*

Edited September 20, 2012 by biast

[bbss2010]

I'm certainly no expert, but the general guideline is to have a diversified mix of stocks and bonds. The proportion of each will depend on your tolerance for risk, but I certainly think it's very risky and ill-advised to have everything in one fund, especially one that is so specific. When you are comparing funds available to you, make sure you pay attention to the expense ratio. Look for expense ratios around or under 0.5%, otherwise you will lose a lot of your earnings in fees over the years. The bogleheads website has some great wiki guides about getting started with investing.

[foeplay]

Read the Bogleheads wiki and learn about allocations, then post that question here for some good advice.

 

http://www.boglehead...ab3b4bf1dcdc564

Edited November 13, 2012 by foeplay