Author Topic: Picking Stocks in 457  (Read 376 times)

civil4life

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Picking Stocks in 457
« on: July 10, 2019, 03:29:42 PM »
Up until this point I have pretty much stuck with a targeted retirement fund for my 457 account.  About 6 months ago I added a few other stock funds to split my contributions 75% to target retirement fund and 25% to the other stock funds.  I started reading JLC Stock Series.  More specifically I have been reading about the expense ratios.  I am wondering if I should change up my portfolio to lower my expense ratio.  I have attached a screen shot of the available funds and the targeted retirement account I have.  Almost all of the options are around .7% except for my single vanguard option VANGUARD 500 INDEX ADMIRAL with a .04%. 

I am 35 and hope to retire within the next 5 to 10 years.  I would say I am high risk tolerant.  My current allocation is 88% stock.  If it matters I am maxing out my contribution and my current balance is in the $125k range. 

I am learning to be more hands on with my investments, but still very good at letting it ride and not looking at it.  I do not want to be changing up stuff very frequently.

Am I better off significantly increasing my allocation to the Vanguard Fund?

dandarc

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Re: Picking Stocks in 457
« Reply #1 on: July 10, 2019, 04:33:27 PM »
With that list, I'd probably go all in on the index fund. You can always do things differently in your IRAs and taxable accounts to make the overall allocation whatever you want.

This is less of a "picking stocks" situation and more of a "learned some new information, carefully considered it, and am changing my allocation accordingly" situation. That fund owns over 500 individual stocks - "picking stocks" usually means a much smaller number than that.