These are what I am thinking and what percent of my investments in that portfolio:
Spartan® Total Market Index Fund - Fidelity Advantage Class (FSTVX) 100%
Fidelity® Select Biotechnology Portfolio (FBIOX) 20%
Fidelity® Select Health Care Portfolio (FSPHX) 15%
Fidelity® Select Pharmaceuticals Portfolio (FPHAX) 10%
Fidelity® Select Retailing Portfolio (FSRPX) 10%
Fidelity® Select IT Services Portfolio (FBSOX) 10%
Fidelity® OTC Portfolio (FOCPX) 5%
Any feedback would be great!
Fixed it for you.
You can't get more aggressive than going 100% into the total stock market index for now and maybe holding it this way for the next 10+ years (depending if you are trying to go for early retirement). The other ones are basically just redundancies in what you already would be holding in FSTVX, but paying way more in expense ratios to hold - they range from .74% up to the .88% - and the Spartan Total Stock Market fund's expense ratio is 0.07%. High expense ratios are a HUGE drag on growth, and there is no reason to buy into those funds unless you like to gamble (in which case, have at it, but with the understanding that this is what you're doing without much investing knowledge, and even with investing knowledge, it still not a great idea). You don't have to hold so many funds to get diversification. The FSTVX is supposed to be include almost all funds traded on the stock market after all (technically it holds several thousand, but it's still extremely diversified and should be all you really need).
I'm in that one with 75% of my portfolio, hold 10% in a Spartan REIT, and 10% in Spartan total bond market index fund and the rest in cash but I'm also already retired. If I was still 10+ years out, I'd go 100% in FSTVX. ;)
If you want a smoother ride, then do 80% stocks/20% bonds, adding in the Fidelity Spartan U.S. Bond Index Fund (FSITX) as the 20% (if available in your 403b).
You sound like you're not really sure about your exact plans, and how exactly all this investing stuff really works, so I'll direct you to the following:
http://www.bogleheads.org/wiki/Investment_policy_statementThis is for figuring out your why - goals, reasons, and what your short and long term plans are under all circumstances
http://www.bogleheads.org/wiki/Asset_allocationHow you invest
http://www.bogleheads.org/wiki/FidelityComparable Fidelity funds to Vanguard (there are many of us on here that are perfectly happy with Fido; just stick with their Spartan series and avoid managed funds or paying for professional investment advisers)
http://jlcollinsnh.com/stock-series/Best for last. This is the gold standard for understanding how the whole thing works and the simple and easy way to invest (index funds rock!)