As a younger investor (25 years old), I thought I would have one core holding (FBALX) and three supporting and unique funds to round out my fund holdings in my portfolio (FAIRX, LLPNX, WWNPX).
I know there may be a year or two where my supporting funds lag because they are somewhat concentrated funds. With a 15+ year time horizon, would you consider these funds good choices?
35% in FBALX
30% in FAIRX
25% WWNPX
10% LLPNX
Plus, I own one heck of a lot of GE shares because I think the stock is extremely undervalued. I would not be surprised to see GE shares in the upper $50s in 2 years.
I also just bought some Citigroup 2010 call option LEAPS, and a speculative play of mine is SLP.
Any thoughts would be most appreciated.
Thanks in advance...
Scott