Alright, so I've been reading and asking questions about various opinions about my 401K money and cash. For now since I may be using the cash on hand for a potential home purchase I've decided to leave that money liquid. However I feel there is more I can do to optimize my 401K. At the moment the money in my 401K is divided as follows:
$19,000- Lifeplan 2050 Retirement Fund (these are target date funds)- Net Expense ratio- 0.22%, 3 year return of 9.05%
$8,000- SSgA MSCI Emerging Market Free Fund- Net Expense ratio 0.22%, 3 year return of -1.99%
$2,000- SSgA DJ/UBS Roll Select Commodity Index Fund- Net expense ratio 0.25%, 1 year return since it was recently created -1.68% but YTD 5.95%
$2,200- AEW Capital Management REIT Fund- Net Expense ratio 0.87%, 3 year return 9.41%
Several people have advised dumping all 401K into a S&P 500 type index fund. My company does offer such a fund called the SSgA S&P 500 Fund, Net expense ratio 0.09% and 3 year return 14.75%! My company does permit me to keep my money in the 401K and readjust even if I leave the company, I can do anything but contribute new funds.
With that said are people's advice to put everything into the S&P 500 fund or something else? Also I'm 26.