NRGSX

YankeesFan117

Hi everyone, I am 25yM and currently heading into my second year of work. I am meeting with my financial advisor provided through my hospital to review and make changes to my 403b. My current investments are: Approx: 28% VFWSX 27% VIIIX 12% RERGX 9% DOXGX 8% VEMPX 6% DFCEX 3% NRGSX 2% PRRIX 1% HNACX What is your opinion on my portfolio given my age and wanting higher risk? It looks as if I’m in about 50/50 US vs international stocks. Thinking this should be closer to 80/20. What changes would you make? If you comment with initial thoughts, I can dm you a list of the options I have to choose from. It would be much appreciated . Thanks everyone!

ElephantMiserable531

Make sure to contribute at least 6% to your 401k to get the full employer match, as it's essentially free money. If you need to maximize your current take-home pay, contribute pre-tax, but Roth contributions will allow you to withdraw the money tax-free in retirement, which is a significant long-term advantage. Continuing to contribute to your Roth IRA in FXAIX is an excellent choice due to its low cost and growth potential. Given your desire to be aggressive and avoid bonds for now, a good allocation could be: 60% in FXAIX for large-cap, 20% in FSMAX for mid-cap, 10% in NRGSX for small-cap, and 10% in FSGGX for international diversification. This diversification will help balance risk and growth potential. Keep a diversified portfolio and review your investments at least once a year. Adjust your contributions between pre-tax and Roth according to your financial situation and tax goals. Maximize your 401k match, keep investing in your Roth IRA with low-cost funds, and diversify your 401k according to the suggested allocation. If you want, we can talk privately 😂😂. Good luck with your investments!