401k rate of return is 2.54%. if I drop every thing but Janus Overseas and Janus Enterprise?

so there would be two investment 50/50 each..would rate be better?

2.54% is not too good this year. In fact not too good at all. That would be the rate of return you could expect on t-bills ytd. Every equity fund Janus has has a ytd return of at least 8%. Is all of your money in a a money market fund? I bet it is.

Ok. This is your retirement money. You do not want to get too cockey with it or you are liable to wind up loosing a good portion when the market heads south, which it might very well do in the near future. The Overseas is a growth fund. Growth Fund is synonymous with risky fund. The portfolio of investments are not for the faint of heart. Their top holding is an Indian stock, a good Indian stock but do you have any idea what the average pe of Indian stocks are these days? About 35. Twice that of U S stocks. That is a pretty big jump from money market to speculative foreign growth stocks. It might be ok for about 10% of your holdings, but beyond that there is very great risk you could suffer a 50% decline in value.

Something that would hold up a little better in a bear market would be Fundamental Equity.

What ever you decide to do, you should just to be on the somewhat conservative side, leave a portion in your money market. It of course is nice to hit a home run, but how many times do those home run hitters strike out? Didn't Babe strike out something like over 500 times? Agressive investments have a tendency to strike out more times than they hit home runs.

Just understand that you (and millions of others) are GAMBLING. You could have a year that you LOSE 20% or more, it could happen.
Nobody on the face of this earth can guarantee you what your return will be if you are invested in stocks.
Even bonds aren't guaranteed. (Except GOVT)

The only guarantee is FDIC insured accounts that pay a little over 5% today.

Are you aware that you are gambling with your retirement funds ? Some people call it INVESTING.
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Rich must be a young guy that has never seen a real market with a correction. And 11% return over 100 years is an absolute LIE. Propaganda that he was told. He must be an investment guy or stock broker, his misinformation earns him commissions.
You better believe it's gambling.

looking at both of them on yahoo finance & based on their performance overview, i'd say janus overseas

Your 401(k) should be getting higher than 2.54% for sure.

Ignore the crazy nut bag calling investing "gambling." If the whole entire market crashes, don't for one minute think that you're government guaranteed money will pay out.

The S&P 500 over the past 100 years has averaged 11%. That's an average over a great depression, WWI and WW, Korean War, Cold War, Vietnam War and Gulf War 1&2.

Your core allocation of stocks should be in an Index that is pegged to the S&P 500. The rest of your stock allocation should be in international.

What is not in stocks should be in bonds. Government and corporate.

Here is a good way to figure your allocation. Take your age and call that your bond allocation. So if you are 40, 40% of your money should be in bonds and 60% in stocks. If you are feeling more aggressive, bump that up 10% in stocks and lower it 10% in bonds.

So, an allocation of a 20 year old would look like this.

80% Stocks
-85% domestic stocks
-15% international stocks
20% Bonds
-10% corporate
-10% government

Look for a bond index to cover your bond allocation.

Being properly allocated is the most important thing in getting the best returns in ANY market.

your 410 is nothing to screw around with I only have two in mine SP 500 and a 2015 retirement fund. One risk the other low risk and conserative. You really need to play it safe but if you have a loser in there by all means drop it.