Originally Posted by dougie790
Just wondering how many have their 401k in one fund, and if so what fund is that and why? We have a lackluster plan but we have the Growth Fund of America so I put 100% in there. I am not really a fan of diversification but this fund has as much as I can stand, both domestic and foreign as well as lots of cash.
I have 85% of my TSP (=401K) in the G Fund, and plan to have it all in the G Fund as soon as the market will allow me to get rid of 15% in equity funds. The G fund is a treasury bond fund not available to the general public.
My portfolio is very diversified as a whole, but mostly taxable. Usually it is considered advisable to put bond funds in retirement accounts, for tax purposes. Putting my TSP into the G Fund does not imply that I am not properly diversified.
If you would like to have your 401K all in one fund, why not look at target retirement funds? There you have professional money managers rebalancing for you. Another balanced fund that I happen to particularly like is Vanguard's Wellesley (VWINX/VWIAX).