Is this a good long-term allocation? I've had about a 7.5% return this year.
I have 92.54% of my 401K in equity/stock.
VANGUARD INSTITUTIONAL INDEX - Objective and Strategy: The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the Standard & Poor's 500 Index, a widely recognized benchmark of U.S. stock market performance that is dominated by the stocks of large U.S. companies. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
WADDELL AND REED CORE EQ CL 2 - Objective and Strategy: The investment objective of the Fund is to invest the portfolio in high quality companies with market capitalization generally in excess of $5 billion, with significant upside earnings power relative to market expectations.The selection process begins with a broad universe of all securities above $5 billion in market capitalization. Focus is then applied to companies that are believed to possess a 2-3 year earnings power significantly better than market expectations. Attractive stocks are identified when they have an earnings power story that is underappreciated and importantly have a strong competitive advantage which increases the probability that these forecasts can be achieved. The earnings catalyst can be either company specific or thematic.
I have 6.34% in BOND/FIXED INCOME,
METWEST TOTAL RETURN BOND FD D - Objective and Strategy: The Fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets in investment grade fixed income securities or unrated securities that are determined by the Advisor to be of similar quality. Up to 20% of the Fund’s net assets may be invested in securities rated below investment grade. The Advisor will concentrate the Fund’s portfolio holdings in areas of the bond market (based on quality, sector, coupon or maturity) that the Advisor believes to be relatively undervalued.