Hi there,
What is an optimal portfolio allocation strategy for a 21 year old? Different websites have markedly different strategies, but I'm looking for something that is mostly value oriented and makes sense. Also does anyone know of some great funds that meet each sort of allocation sector? I'm interested mostly in mutual funds and ETFs.
Here's what I have so far:
DODFX - 1/7 of portfolio (Dodge and Cox International) FAIRX - 1/7 of portfolio (Fairholme Fund) MFOCX - 1/7 of portfolio (Marsico Focus Fund) MGRIX - 1/7 (Marsico Growth Fund) MIOFX - 1/7 (Marsico International Opportunities Fund) MXXIX - 1/7 (Marsico 21st Century Fund) PGVFX - 1/7 (Polaris Global Value Fund)
Also I own a bit of the QQQQ fund as well.
Thanks