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Originally Posted by kv968
Hey K-Dubb, welcome. Good to see your getting started with investing while you're so young.
If you don't want to have to pay much attention to your allocation, my suggestion would be to go with the index funds. You won't have to worry about "style drift" and will only have to rebalance when your percentages of what you hold get out of line.
You might want a portfolio something like this:
40% - S&P 500 (Ssga S&P 500)
10% - Mid-cap (Mid-cap 400)
15% - Small-cap (Russell 2000)
25% - Int'l (American Century Int'l Growth)
10% - PIMCO Total Return Fund
That'll give you good coverage of the stock market and 25% in int'l exposure. The PIMCO fund would be your bond fund. You could hold more or less in that depending on how much volatility you feel you can handle. You may not even need any in the mid-cap since the S&P 500 may hold those stocks also. You could always adjust the other percentages also.
And if your employer matches any of your contributions, try to put at least enough to get the match.
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If you follow the rule of thumb that you should be invested 120-your age in stock, then you should be 97% stocks. I would lower your bond fund to 5% and put that extra in International. But that's just me.