PRGSX

YankeesFan117

Hi all- I am 25 years old and a long time family friend who has been in the financial business for decades (helps my grandparents and parents out) has me invested in the following. My goal is to build long term growth with high risk tolerance and time on my side. Traditional IRA: PRWAX and PRDSX ROTH IRA: FFONX and PRGSX What is your opinion and knowledge on these based on my personal goals? Thanks!

dvdmovie1

> One is PGIM Jennison Global Opportunities Fund PRJAX, That's a good fund. Not a good fund for right now and maybe for a while, but very good growth fund for the long term. PRGSX, as well although PRJAX is certainly the more aggressive of the two. "The other mind is, PRJAX and PRGSX may be undervalued now and poised for a relative bounceback." On one side, there's the idea that these names are at decent buying points if you have a long-term view and the other side, the idea that you have a hefty 37% allocation already and whether you have any desire to dial up risk further (and I get the sense that - understandably - that's not what you're looking to do.) So, I wouldn't entirely sell either, but I'd gradually trim (and what degree you do becomes your risk tolerance, desired approach, etc) into strength - I couldn't tell you when that will be or how much there will be when it happens, but when you have the worst start to a year in history for the S&P500 (https://www.axios.com/stock-market-correction-spx-falls-5cfcbe1b-9022-48ce-b6bc-c5e63221fc22.html), I have to imagine we're not far from a technically oversold bounce.

ShunyataBhavana

Thank you in advance for any help or answers. I wrote this a few days ago. Obviously, the market as a whole has done noteworthy things since then. My general question about general timing with these two funds still stands. * 52 * No kids, probably married soon * Stable employment, just over six figures * Objective - retire in under 20 years * OK with medium to high risk * No debt About 37% of my low six figures IRA+401k is in two "World Large-Stock Growth" funds. One is PGIM Jennison Global Opportunities Fund PRJAX, [which currently has a great rating in USNews](https://money.usnews.com/funds/mutual-funds/world-large-stock-growth/pgim-jennison-global-opportunities-fund/prjax) (five stars from Morningstar and CFRA, A/Buy from The Street, etc). The other is T. Rowe Price Global Stock Fund PRGSX, [which has even better ratings](https://money.usnews.com/funds/mutual-funds/world-large-stock-growth/t-rowe-price-global-stock-fund/prgsx) (five stars from Morningstar, 1/Strong Buy from Zacks, etc). Some other funds I have strong holdings in are USNQX USAA Nasdaq 100 Index Fund, PRCOX T. Rowe Price U.S. Equity Research Fund, and FGRIX Fidelity Growth & Income Portfolio. I recently bought some SPY and VOO, after seeing how much people on Reddit love them. Anyway - the two World Large Stock Growth funds - When I talked to an advisor and we went over their composite holdings a year ago, they looked similar, but looking over them now before I post, they look pretty different. Regardless, they both however have gotten hammered the last couple months. Since mid-November, PRGSX has been down -25%, and PRJAX -32%. I know the market in general has been down, but this is getting ridiculous. I'm of two minds about it. One mind is, I think I'm overexposed to these "World Large-Stock Growth" and should reallocate. And, even though both funds are down, I'm sick of the daily losing relative to the market, and think now may be a fine time to pull maybe a third of my investment in the two of them out of them. I mostly pulled out of ARKs a couple months ago even after they had hemorrhaged massive value, and am happy I did, as the hemorrhaging has continued. And like the ARKs, PRJAX and PRGSX gained tremendously in the previous year and a half, flying high over the indexes - x3.1 for PRJAX and x2.4 for PRGSX, so maybe these losses is appropriate rightsizing. The other mind is, PRJAX and PRGSX may be undervalued now and poised for a relative bounceback. I bought them a year ago because the ratings companies strongly recommended them, and, most compelling to me, the ratings companies seem to still believe in them. Also, I've learned the hard way not to instinctively buy high or sell low on a fund. So, not sure is now a time to sell and rebalance into a different type of fund (my Fidelity 401K won't let me buy VOO or SPY, in order to promote FXAIX instead), or whether to hold pat and just ride it out.