Was doing my quarterly rebalancing this weekend and noticed that my portfolio in my 401k and IRA could be doing better. Before I was in a very simple portfolio: 35% SP500 35% small cap 30% international. But then I noticed that my 401k offers FSELX and was dumbfounded with the performance.
66% YTD
Average Annual Return:
73% 1 YR
33% 3 YR
27% 5 YR
26% 10 YR
14% Life of fund (1985)
So please tell me why it would be a mistake to change my allocation to 100% FSELX if I’m not touching this til 55?
I’m 26, have an 8% match on my 401k that I max out Roth contributions to, max out traditional IRA, and around around 1200 a month into a VUL that takes advantage of IRC 7702 for tax free growth and withdrawals. Any input would be appreciated. Thank you!
Submitted July 03, 2023 at 02:19AM by GoodGooglyMooglyy https://ift.tt/ktNmvxH
