Localfund.com - All about Fund and Investment
*Home>>>Equity Investment

What should my current portfolio look like?


I am 22 yo and investing in my 401k and a scottrade account. I currently have an international mutual fund that is 100% equity and a US Industrial fund that is 90% equity. I have another fund that is with my scottrade that is an international stock index fund so its 100% equity and I have a few penny stocks that I gamble with. At 22 would you agree that this is an appropriate portfolio? I want it to be aggressive but I dont want to loose money and in the current economic climate I am currently losing money but in the long run I feel these investments will provide greater returns. Any advice?

Sounds like you're on good footing ...

I'd consider 10% to be plenty enough for bond mutual funds at your age.

Stock equities will outperform every other asset class over the next 40 years, so stay with what you got IMO.

I'd limit your "gamble" stocks close to 10%... and otherwise stay the course on the mutual funds.

That depends on your risk tolerance. You should establish a "stop loss" (how much you are willing to lose) percentage or dollar value before you chuck it in and move on. For being 22 it appears you are pretty aggressive and your choices reflect a realistic future world economy. My only suggestion would be to have 15-20% of your overall portfolio in bonds or fixed income. I know that sounds boring, but it spreads your risk. Good luck!

Tags
  Fidelity Investment   Fidelity Fund   Exchange Traded Funds   Equity Investment   E-gold   Ebullion   Easy Money   Easy Investing
Related information
  • Cash ISA or Shares ISA ?

    Initially there was a tax advantage but that seems to have gone because dividends are now taxed just like a normally share account. However you would be exempt from Capital Gains tax when you sold ...

  • How does the housing market affect the stock market so much?

    It's purely psychological. The "housing market" is really the "real estate" market which accounts for a lot of money. There is also a lot of related industries which is aff...

  • Has anybody bought mobile homes for cheap than resold for less than market value?

    unfortunately, mobile homes dont appreciate as property values with real estate do. So if you want to invest, I dont recommend you investing in mobile homes.

    ...
  • How should i split up my 401k?

    depends on how much you are putting into your 410k chances are its less than 5% of yoru paycheck. I never heard of GIC stable but from what little I have seen its a asset protection fund which mean...

  • I'm currently investing in TIAA-CREF retail mutual funds. Is this a good fund family?

    TIAA-CREF is often one of the few options given by large employers as part of their defined contribution plans. Their advantage is low(er) management fees, which in the long run, can add significan...

  • Manufactured/Mobile home good starting point?

    Today I sold a manufactured home for 115,000$ It was purchased 3 years ago for 110K. After all closing costs they ended up paying off their mortgage and had 10k left. They didn't make money ...

  • Pay off one loan or the other?

    One consideration would be your marginal tax bracket. If your marginal tax bracket is 28%, your 8.8% home loan is costing you 6.336% (if you itemize) while your car loan (not being tax deductible) ...

  • Fate of these UTI MFs?

    amfiindia.com , you will get all the NAV's

    ...
  •  

    Categories--Copyright/IP Policy--Contact Webmaster