No. of Recommendations: 0
I just recently started my 401(k) through Fidelity. I max out the allowable contribution at 13% which my company matches 46% of it (6% total) at 55% rate with company stock. When I went through the list of available funds, I was very disappointed since there aren't that many funds to choose from, specially in the small cap section. I know from other postings that I have to diversify so I tried my best to choose from different types of funds.

Below is the list of available funds and the percentage that I have in my 401(k):
1. Company stock (10%)
2. Large Cap: (30% total)
- Domini Social Equity
- Fidelity Blue Chip
- Fidelity Equity Income (10%)
- Fidelity Over-the-counter Portfolio (20%)
- Spartan US Equity Index
3. Mid Cap: (10% total)
- Alger Small Cap RTM (10%)
4. Small Cap:
- Fidelity Low Pr Stk
5. International: (20% total)
- Fidelity Divers Intl (20%)
- Templeton World A
6. Blend Fund Investments (25% total)
- Fidelity Freedom 2000
- Fidelity Freedom 2010
- Fidelity Freedom 2020
- Fidelity Freedom 2030 (20%)
- Fidelity Freedom 2040
- Fidelity Freedom Income
- Fidelity Balanced (5%)
7. Bond Investments (5% total)
- Income: Pimco Tot Return Adm (5%)
8. Short-term Investments
- Fidelity Retire Mmkt

I think that I have a high tolerance of risk because I will not touch this account for another 30-35 years (I'm 24yo) and I plan to open a Roth IRA account soon. Do you think my portfolio is wisely diversified? If not, could you please point out where sections I should cut from and which ones I should put more? For my Roth IRA, should I concentrate more in a growth fund, a value fund, an index fund or a specific company stock?

Note: I have asked those mutual fund companies to send me their prospectus so I can have a better understanding of what the mutual funds consist of.

Feel free to make comments on this situation. Any suggestions are greatly appreciated! Thank you very much.

wizard1994


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