Hey everyone, I'm a 24 year old Manager of Financial Analysis, Planning, and Reporting with an MBA: Finance concentration who is trying to rebalance his 401K for 2008. I'm new to the board and have looked around seeing a plethora of great information. So I thought I would give it a try. This year is crucial as I believe markets are going to struggle mightily dometically. Transaction costs aren't a concern as I'm allowed to switch investment options without any costs a few times a year (thanks to my employer). Anyway, I got my job in June and so far my portfolio is down around 5% (obviously as a youngster I'm in basically all equities). I decided this is the year I want to start getting serious about my investing. I spent most of last year saving.
I currently have:
24% - Principal - Principal LifeTime 2050
22% - Dimensional / Vaughan Nelson - Small Cap Value II
30% - Principal - Mid-Cap Stock Index
24% - Principal - Diversified International
I tried to get rid of the 2nd through 4th contents in 2007 by putting it all for the time being in the target date retirement fund. I somehow screwed up and my prior contributions stayed in these accounts. Company matches are contributed automatically to a target date fund unless otherwise indicated. Following are my options for 2008:
Principal Money Market
Principal Guaranteed Interest Account for 5 years - Currently like 3.46%
Principal Gov. and High Quality Bond
Principal Real Estate U.S. Property
Principal Stock Emphasis Balanced
Principal Lifetime Strategic Income
Principal Lifetime 2010,2020,2030,2040,2050 (5 different options)
American Century LargeCap Growth II
American Centuray LargeCap Value II
Principal Large Cap Stock Index
T. Rowe Price Large-Cap Blend
Columbus Circle Medium Company Growth
Dimensional / Vaughan SmallCap Value II
Goldman Sachs / LA Cap Mgmt Mid-Cap Value I
Mazama / CCI Small Cap Growth III
Principal Mid-Cap Stock Index
Principal Small-Cap Stock Index
Fidelity (Pyramis Global Adv) International
Principal Diversified International
What funds do you think I should choose for top performance in 2008? What kind of asset allocation looks good?
I'm definitely thinking Large Cap Growth looks good right now and International for sure and then some percentage in a Money Market or Bond fund. Maybe add one more. What does everyone think?
Thanks for your help!
I currently have:
24% - Principal - Principal LifeTime 2050
22% - Dimensional / Vaughan Nelson - Small Cap Value II
30% - Principal - Mid-Cap Stock Index
24% - Principal - Diversified International
I tried to get rid of the 2nd through 4th contents in 2007 by putting it all for the time being in the target date retirement fund. I somehow screwed up and my prior contributions stayed in these accounts. Company matches are contributed automatically to a target date fund unless otherwise indicated. Following are my options for 2008:
Principal Money Market
Principal Guaranteed Interest Account for 5 years - Currently like 3.46%
Principal Gov. and High Quality Bond
Principal Real Estate U.S. Property
Principal Stock Emphasis Balanced
Principal Lifetime Strategic Income
Principal Lifetime 2010,2020,2030,2040,2050 (5 different options)
American Century LargeCap Growth II
American Centuray LargeCap Value II
Principal Large Cap Stock Index
T. Rowe Price Large-Cap Blend
Columbus Circle Medium Company Growth
Dimensional / Vaughan SmallCap Value II
Goldman Sachs / LA Cap Mgmt Mid-Cap Value I
Mazama / CCI Small Cap Growth III
Principal Mid-Cap Stock Index
Principal Small-Cap Stock Index
Fidelity (Pyramis Global Adv) International
Principal Diversified International
What funds do you think I should choose for top performance in 2008? What kind of asset allocation looks good?
I'm definitely thinking Large Cap Growth looks good right now and International for sure and then some percentage in a Money Market or Bond fund. Maybe add one more. What does everyone think?
Thanks for your help!