Reply to @fidia: It's certainly difficult to try and market time - and I know that when things are going up, I find it difficult at times to be disciplined and wait for a pullback. The way that markets are today in terms of holding period and attention span makes it even more difficult to try and time.
If there are dips and you want to buy, maybe start with the minimum investment and continue to dollar cost average if the pullback continues. Additionally, we can make suggestions, but I think it also comes down to your desired risk tolerance and your own situation. I think having equity exposure - but more conservative and/or income-oriented equity exposure - would be a positive. SGOVX, which I mentioned, is a more conservative foreign fund, while investor offered some good, more conservative US balanced options with GLRBX and VWINX. TIBIX would be more volatile, but offers a very nice yield.
Consumer staples have run up a lot - I think to some degree because people are looking for equity exposure they believe is "safer" (and the yield), but if there's a considerable pullback in the staples ETF, I think that's actually not a bad idea for those in/near retirement. Boring, familiar names (the P & G's, the J & J's, the Wal-Marts, the Costcos) that offer products everyone needs and decent yield of about 2.75% for Vanguard's consumer staples ETF (VDC) - there are a ton of various consumer staples ETFs,that's just one example.
Again, I think consumer staples have run up a lot and are probably currently overvalued, but if there's a pullback (and the pullback may come if people shift from these names to names that are less "defensive"), something to consider that would offer a degree of stability (while past performance is no guarantee of future results, likely an investment that you would not have to be overly concerned with/watch over), familiarity (lots of names everyone knows and products everyone's probably familiar with) and not a bad yield. It's not going to hit home runs, but it's also going to not likely tank on a bad year, either - best scenario, just consistent singles and doubles and a decent yield (and again, something that isn't going to be volatile, most likely.) Overall, a boring, consistent, fairly low-key idea that may particularly fit those nearer to retirement age.
I think there are some instances where things aren't overvalued - I think some of the oil names and other natural resource plays actually seem rather reasonable and both energy and natural resources have not fared terribly well the last couple of years in many cases. However, given the volatility,not something I'd really recommend.
I think what I have to really emphasize again is that, yeah, it's probably going to be best in the years ahead to have some more equity exposure, but that really keep in mind your own situation, risk tolerance, etc. What's best for you is what you feel comfortable with to the point where you can sleep well at night and not spend time being overly concerned about markets that may be volatile (they haven't been that volatile in the past few years with some exceptions here-and-there, at some point do people get too comfortable?)
As for bonds and interest rates and whatnot, I remain concerned about how fixed income will fare over the next several years, but who knows how long that will take to really play out.
Just my 2 cents.

Dear Carefree: I like BBTEX and the biotech ETF BBH, Art above me has done a nice analysis of the funds, and my hope is that all these funds are not in the same retirement account.
Regards,
Ted

I would actually change your holdings all around:
Keep SEQUX, BBTEX
Add AUXFX
Sell the others
I would add AUXFX for it's downside protection ( YAFFX does very well in this regard..but i'm concerned with asset bloat ) & the manager has ALL his own retirement money invested in this fund. Own it myself

While everyone loves to hate treasuries the one thing that people should think about is why would investors dramatically sell off 10 Treasury bonds at 2.01% before they sold off 10 year JGBs at 0.64%?? Why does Japan get money at 1/3 the rate when it has twice the debt load, is not the world's reserve currency, has a population which is shrinking and are 10 years older needing to sell their holdings to fund retirement?
The Wall Street Ranter

Reply to @Old_Joe: You should really calculate your entire portfolio for the same purpose (for example Retirement) as a single portfolio.

Reply to @Accipiter:
32% is bonds, cash and other. Cash and other are really small.
The percentages are the percent allocation in my total retirement portfolio (multiple accounts, includes spouse funds) and yes 100% includes cash.
The percentages are calculated the same way. They are different as I said I sold other funds and bought into these funds so that increased the percentages since Art's poll. I was busy recently with this repositioning.

What I'm currently doing varies by account:
401K:
-new money is going into PIFZX. As I'm looking to retire within 2 years, this falls within "bucket 1" within that concept. The equity funds in the 401K get a 20% haircut when they hit a pre-defined amount, with the trimmings going to PIFZX.
IRA Rollover:
-equities get the same 20% haircut at pre-defined levels, but the trimmings here are now going to fixed income....which is now a difficult decision. Currently it's MAINX.
-the divi's from the current fixed income funds are not automatically reinvested, but are collected and invested monthly. Currently these are going into SUBFX.
Pre-tax:
-I have a handful of individual equity divi-payors...these get automatically re-invested into the same equities
-equity mutual funds get the same 20% haircut as I described previously into bucket #1 holdings....the trimmings now go into either a muni, or PAUDX (it seemed like a good idea at the time)
So...this was a long winded answer to your question. In a 57/33/10 mix in retirement accounts, I'm really not doing too much differently simply because of where the market currently resides relative to a 5 year high. I am just filling my buckets....I currently have 3 years of bucket 1 funding.
I am not smart enough to figure out if it will be up or down a year from now, so I figure a reasonably well distributed portfolio with some prudent re-allocation fits the bill for me.

http://www.sec.gov/Archives/edgar/data/1015986/000072888913000405/developmkts497.htm
supplement amends the Prospectus and Statement of Additional Information (“SAI”) of Oppenheimer Developing Markets Fund (the “Fund”) dated December 28, 2012.
The following information is added to the sections titled “More About Your Account” beginning on page 11 of the Prospectus and “How to Buy Shares” beginning on page 56 of the SAI:
Effective as of the close of the New York Stock Exchange (NYSE) on April 12, 2013 (the "Closing Date"), the Fund will no longer accept purchase orders from new investors and existing Fund shareholders will no longer be able to purchase new shares or exchange shares of other funds into the Fund, subject to the following exceptions:
· Existing shareholders can continue to purchase shares through dividend and capital gain reinvestments.
· Existing shareholders in broker/dealer wrap-fee programs can continue to purchase shares and exchange into the Fund. Existing broker/dealer wrap-fee programs can add new participants. The Fund will not be available to new broker/dealer wrap-fee platforms.
· Existing shareholders in the following types of retirement plans can continue to purchase shares and exchange into the Fund: defined contribution investment only (DCIO), 401(k) (including “Single K”), 403(b) custodial plans, pension and profit sharing plans, defined benefit plans (including “Single DB Plus”), SIMPLE IRAs and SEP IRAs. New participants in such plans that currently offer the Fund as an investment option can elect to purchase new shares of the Fund. However, the Fund will be closed to new retirement plans. New retirement plans that are authorized prior to the Closing Date will have until July 15, 2013 to fund the account.
· Existing shareholders that have an investment allocation to the Fund through an OppenheimerFunds Portfolio Builder account prior to the Closing Date can continue to purchase shares and exchange into the Fund.
· Existing firms in RIA/bank trust wrap-fee programs that hold shares of the Fund prior to the Closing Date can continue to purchase or exchange shares subject to a $100,000 minimum investment at the firm level. RIA/bank trust platforms cannot add new firms.
· Existing shareholders in private bank platforms can continue to make purchases and exchange into the Fund. Private bank platforms can add new participants, but participants who seek to open new accounts are subject to a $100,000 initial minimum investment. The Fund will not be available to private banks not already invested in the Fund.
· Existing 529 Plans that currently include the Fund within one or more of their investment options can continue to purchase shares and exchange into the Fund. The Fund will not be available to new plans or existing plans that do not currently invest in the Fund.
· Funds-of-funds affiliated with the Fund’s investment adviser and non-affiliated funds-of-funds managed by other firms can invest in the Fund.
· The Fund reserves the right, in its discretion, to accept purchases and exchanges from institutional investors which may include, among others, corporations, endowments, foundations and insurance companies.
Existing shareholders as of the Closing Date who later sell all of their shares of the Fund will not be permitted to establish new accounts or reinvest in the Fund.
Present or former officers, directors, trustees and employees (and their eligible family members) of the Fund, the Fund’s investment adviser and its affiliates, its parent company and the subsidiaries of its parent company will not be permitted to purchase additional shares of the Fund after the Closing Date unless such purchase is through an exception listed above.
March 6, 2013 PS0785.032

Just curious - - Are you folks:
a. still buying [401k stocks funds / other private account funds/stocks/bonds etf, etc...] still getting into the game even though it's all time high
b. not buying/selling, not putting any money in, not doing anything/ stash cash under the mattress
c. thinking/watching/waiting for a pull back to start buying
d. or 'bailin out'/selling before the 'sh*t hit the fan' [like skeeter did recently]
I am still 80%stocks/20%bonds in tsp but thinking maybe changing to less risk portfolio ? 65%/35%. By the way, I wish I was near retirement, probably would bail right now and put it in a conservative portfolio

Still too overweight in PONDX but it has been a super retirement anchor. GASFX is my largest fund holding but trying to ramp up in RYOIX which is my most recent buy. Smallish in WSBEX and even smaller in WAMFX. I hold two stocks, one mentioned a few weeks ago is SNTS, the other being LGND.

Reply to @David_Snowball: Yes indeed.
For the record, here are all 767 families...in two posts (1-M, N-Z)
13D Management
1492 Capital Management, LLC
361 Funds
AAM
Aberdeen
Absolute Strategies
AC ONE
Academy
Acadian Funds
Adams Harkness Funds
Adirondack Funds
Advance Capital I
Advantus
AdvisorOne Funds
Advisors' Inner Circle (Chartwell)
ADVISORS SERIES TRUST(Davidson)
AdvisorShares
Advisory Research
Aegis
AIS Capital Management LLC
Akre
Al Frank
Alger
AllianceBernstein
Allianz Funds
Allianz Global Investors
Allied Asset
Alpha Capital Funds
AlphaClone
AlphaMark
AlphaOne Investment Services, LLC
Alpine
ALPS
Altegris
AmericaFirst Funds
American Beacon
American Century Investments
American Funds
American Growth
American Independence
American Money Management
American Pension Investors
American Trust
Ameristock
AMF
AMIDEX
Ancora
Angel Oak Capital Advisors, LLC
Apex Capital Management
Appleseed Fund
Appleton
AQR Funds
Aquila
Arbitrage Fund
Archer
Arden Asset Management LLC
Ariel Investments, LLC
Aristotle
Armstrong Associates
Arrow
ArrowShares
Artio Global
Artisan
Ascendant
Ascentia Capital Partners
Ashmore
Aston
Astor
ATAC Fund
Auer
Auxier Funds
Ave Maria Mutual Funds
Avenue Capital Group
Aviemore Funds
Azzad Fund
Baird
Bandon Capital Management, LLC
Bank of America Corp
Barclays Funds
Baron Capital Group
Barrett
BBH
Bearly Bullish Fund
Beck, Mack & Oliver
Becker
Beech Hill
BeeHive
Bennett Group Master Funds
Berkshire
Bernzott Capital Advisors
Berwyn
Biondo Investment Advisor
Birmiwal
Bishop Street
BlackRock
Blue Chip Investor Fund
BMO Funds
BNY Mellon Funds
Bogle
Boston Advisors Trust
Boston Common Asset Management, LLC
Boston Trust & Walden Funds
Boyar Value Fund
BPV Family of Funds
Brandes
Brandywine
Braver Wealth Mangaement, LLC
Bretton Fund
Bridgehampton
Bridges
Bridgeway
Bright Rock
Brookfield Investment Management Inc.
Brown Advisory Funds
Brown Capital Management
Bruce
BTS
Buffalo
Burnham
Bushido
Calamos
Caldwell & Orkin
Calvert Investments, Inc.
Cambiar Funds
CAMCo
Camelot Portfolios, LLC
Capital Advisors
Capital Guardian Trust Company
Capital Innovations, LLC
Capital Management
Capstone
Caritas Capital LLC
Carne
Castle Investment Management
Catalyst Mutual Funds
Causeway
Cavanal Hill funds
CBRE Clarion Securities LLC
Center Coast Capital Advisers LP
Century Funds
CGM
Chaconia Funds
Chadwick & D'Amato
Champlain Funds
Changing Parameters, LLC
Chase
Chesapeake
Cheswold Lane Asset Management
Chou America
Christopher Weil & Company, Inc.
Cincinnati Asset Management Funds
Citigroup
Clarity Fund
Clark Capital Management Group, Inc.
Clark Fork Trust
Clear River
Clipper Fund
Cloud Capital
CM Advisors
CMG
CNI Charter
Cohen & Steers
Coldstream
Collins Capital Investments, LLC
Columbia
Commerce
Commonwealth Intl Series Tr
Compak
Compass EMP
Concorde
Conestoga Capital Advisors
Congress
Congressional Effect Family
Contravisory Investment Management, Inc.
Convergence
Cook & Bynum Capital Management, LLC
Copeland Capital Management
Copley
CornerCap
Cornerstone
Cortina Funds, Inc.
Country
Cove Street Capital
CRAFund
Crawford
Credit Suisse (New York, NY)
Credit Suisse AG
CRM
Croft
Crow Point Partners, LLC
Cullen Funds Trust
Cushing
Cutler
Cutwater Asset Management Corp.
CWC
Davidson Mutual Funds
Davis Funds
Davlin Philanthropic Fund
Day Hagan
Dean Fund
Delaware Investments
Destra
Deutsche Bank
DF Dent Funds
DGHM
DGI
Diamond Hill Funds
Dimensional Fund Advisors
Direxion Funds
DMS FUNDS
Dodge & Cox
Domini
DoubleLine
Dreman
Drexel Hamilton Investment Partners, LLC
Dreyfus
Driehaus
DSM
DundeeWealth Funds
Dunham Funds
DuPont
Dupree
DWS Investments
E.I.I.
Eagle
Eagle Funds
EAS Genesis
Eaton Vance
Edgar Lomax
Edgewood
Elessar Investment Management
Emerald
Emerging Global Advisors
Empire Builder
Empiric Funds
Encompass Fund
EntrepreneurShares
Epiphany Funds
Equinox Funds Trust
Equity Investment Corp
Estabrook
ETF Securities Ltd
Euro Pacific Asset Management
Euro Pacific Halter Asia Management, Inc
Eventide Funds
Evermore
Exchange Traded Concepts, LLC
Factor Capital Management, LLC
Fairfax
Fairholme
FAM
FAM Funds
FCI Funds
FDP Series Funds
Federated
Fidelity Investments
Fiduciary Asset Management, LLC
Financial Investors Trust (Aspen)
Financial Investors Trust (Grandeur)
First American
First Eagle
First Investors
First Trust
First Western Capital Mgt
Firsthand Funds
Flex-funds
FMC Funds
FMI Funds
FolioMetrix
Forester
Formula Investing, LLC
Fort Pitt Capital Funds
Forward Funds
Fountainhead Funds
FPA
Frank Funds
Franklin Templeton Investment Funds
Freedom Funds
Frontegra Asset Management Inc
Frontegra Funds
Frost Funds
Fund X
FX Strategy Fund
Gabelli
GaveKal
GE Asset Management
Geier Funds
Geneva Funds
Gerstein Fisher
Giant 5 Funds
Ginkgo
Glenmede
GLG Inc
Global X Funds
GMG
GMO
Golden Capital Funds
Goldman Sachs
Golub
GoodHaven
Gotham
Granite Investment Advisors, Inc.
Grant Park
Great Lakes Funds
Great-West Funds
Green Century
GreenHaven
Greenspring
GRT
Guggenheim Investments
GuideMark
GuidePath
GuideStone Funds
Guinness Atkinson
Hagin Capital, LLC
Hamlin Capital Mgt LLC
Hancock Horizon
Hancock Horizon Funds
Hansberger Funds
Harbor
Harding Loevner
Hart Group, Ltd.
Hartford Mutual Funds
Hatteras Alternative Mutual Funds Trust
Haverford
Heartland
Henderson Global
Hennessy
Henssler Funds
HighMark
Hillman Capital Management
HNP Capital LLC
Hodges
Holland Series Trust
Homestead
Hotchkis and Wiley
HSBC
Huber Funds
Hundredfold
Huntington
Huntington Strategy Shares
Hussman Funds
ICM Series Trust
ICON Funds
Iknetics Capital Partners, LLC
IMS
IndexIQ
ING Funds
ING Retirement Funds
Innealta Capital
Institutional Advisors LLC
Institutional Investors
Integrity
International Securites Exchange
Intrepid Funds
Invesco
Investment House LLC
Investment Partners
Iron Funds
IronBridge Funds, Inc.
Ironclad Funds
iShares
ISI Funds
IVA Funds
Ivy Funds
Jacob
Jacobs Broel
JAG Advisors
James Advantage
Janus
Jensen
John Hancock
Johnson Mutual Funds
Jordan Funds
JPMorgan
JPMorgan Asset Mgmt (Europe) S.a.r.l.
JPMorgan Funds
Jubak
Kalmar Pooled Investment Trust
KCM
Keeley
Kellner
Keystone
Kinetics
Kirr Marbach Partners
KKR
Kottke
Kovitz Investment Group, LLC
Lacerte Capital
Lateef Investment Management, L.p.
Laudus Funds
Lawson Kroeker Investment Management Inc
Lazard
LEADER
Leavell
Lee Financial Group Inc
Leeb
Legg Mason
Legg Mason/Western
Leuthold
Liberty Street
Lifetime Achievement Fund Inc
Lincoln Financial Group
Linde, Hansen & Co., LLC
Litman Gregory Masters Funds
LKCM
LoCorr Fund Management, LLC
Logan Capital
Long Short
Longboard
Longleaf Partners
LongView Capital Management LLC
Loomis Sayles Funds
Lord Abbett
LSV Fund
M.D. Sass Investors Services, Inc.
Madison Mosaic
MAI
MainGate Trust
MainStay
Mairs & Power
Makefield
Managed Futures Solutions Fund
Managers Funds
Manning & Napier
Manor Investment Funds
Marathon Funds
Mariner Fund Group
Marketocracy Funds
Marsico Investment Fund
Martin Capital Management LLP
MassMutual
Matrix/LMH
Matthew 25
Matthews Asia Funds
McKee Funds
Meehan Focus
MEMBERS
Merger
Meridian
Merk Funds
Merrill Lynch
Metropolitan West Funds
MFS
MH Elite
Midas
Milestone
Miller Investment
Milliman
Mirae Asset Global Investments (USA) LLC
MMA Praxis
Monetta
Monteagle Funds
Morgan Dempsey Capital Management, LLC
Morgan Stanley
Morgan Stanley & Co
Morgan Stanley (New York)
Motley Fool
MP 63
Muhlenkamp
Munder
Mundoval Funds
Mutual of America
Mutualhedge
Muzinich

FYI:
Regards,
Ted
http://online.wsj.com/article/SB10001424127887324162304578304491492559684.html#printMode

There are a variety of gotchas that won't affect most people, but one should nevertheless be aware of:
- You must calculate the RMD for each account separately (because a different table, i.e. divisor, may be used for different accounts, depending on whom the beneficiary is and the age of the beneficiary)
- A completely different calculation applies to inherited IRAs (unless you've adopted them as your own, as you are allowed to do when inheriting from a spouse)
- While you may take your IRA RMD from any or all of your traditional IRAs, and you may take your 401(k) RMD from any or all of your traditional 401(k)s, you may not take your traditional IRA RMD from your 401(k) or vice versa. These are two completely separate sets of accounts, even though they are both retirement accounts.
- If you are doing Roth conversions, you must take the RMD from your account each year prior to withdrawing additional money for the Roth conversion
Then there are the corner cases - the year you turn 70.5, the year you die. That's beyond the scope of this post :-)

Top 3: (I hold just 9 funds, total. The lion's share is in tax-sheltered retirement stuff.)
PREMX 40%
MAPIX 35%
MAPOX 3.3%
All the others are at 3% or less: SFGIX, TRAMX, MACSX, MAINX, MSCFX, DLFNX.

Hi Art....your top 3 are interesting, as I hold all 3 in a 401K.
Your question asked about a top 3 in a retirement account...while I have separate 401K, IRA rollover and then after-tax accounts, I view them ALL as retirement accounts.
As such, my top 3 holdings are high conviction, and the only ones which exist both in pre and after tax accounts:
FAIRX
FPACX
RPMGX
In aggregate, between 7-8.5% of total portfolio assets for each. Interestingly, none of these 3 are in the top 3 in any of their respective accounts.

GLD 6.3%
VDIGX 6.1%
OYEIX 5.9%
Actually my largest holding is cash at 15,4% as I recently took profits in some stocks and waiting to deploy some of it into funds. Im about 56% stocks to 26% funds in retirement accounts, which will be closer to 56/38 when fully deployed. All of my bond allocation is in taxable account, but they are munis.

"Unique funds"? Uhhh ... about three.
Walk through the Morningstar screen:
Distinct portfolios = 6915, but that does count Fido Emerging Markets twice (Advisor and retail apparently have just enough differences...)
Qualified access = "no" leads to 1391 funds. Here's Morningstar's definition of that screen: "This group includes funds that restrict investment to a certain group of investors. Sometimes, the restriction is based on religious or ethnic membership, e.g. Lutherans. Sometimes, the restriction is based on membership in a certain investment plan, e.g. a retirement plan or college-savings plan."
Minimum purchase of no more than $10,000 = 1272.
Open to new investment = 1206.
No-load funds = 592.
That number is doubtless wrong but it probably gives you an order of magnitude. For practical purposes, the no-load universe is likely under a thousand even including those "A" class funds available for purpose at NAV through supermarkets.
David

I thought about using the new poll feature but this does not require "voting". My question is "What are your top 3 holdings, by percentage, in your retirement accounts? Why you ask since your age and other things may have a bearing on your choices. Let's just say I am curious. Mine are:
Pimco Total Return,PTTDX-18%
Allianz NFJ Small Cap Value-PCVAX-11%
Oppenheimer Developing Markets-ODMAX-10%
Art

FYI Its the required amount that counts. If you have multiple retirement accounts, you can choose which one you take the distribution.
Regards,
Ted
http://assetbuilder.com/scott_burns/required_minimum_distributions_not_such_a_bad_thing_after_all

Hi Investor, Hi Greg,
Thank you guys for taking time to reply to my post. Both your responses were thoughtful and thought provoking. They both added to the scope and utility of my original submittal.
Investor, the articles that you suggested greatly expand the usefulness of my posting by identifying two strategies that focus on the execution of retirement portfolio maintenance. Retirees and near-retirees will benefit from exposure to these two excellent summary articles.
Also, I was not aware that the author of the article I referenced was part of Paul Merriman’s FundAdvice staff. I did not recognize the potential conflict of interest. I like Merriman, but he has special incentives because of his financial relationships with DFA. There’s the possibilities of some biased opinions because of that relationship. Thanks for the heads-up. In this instance, I am not overly concerned of any major distortions or misrepresentations because I trust Merriman and I trust the DFA organization. Both do yeoman work.
Greg, your interpretations of the reported work, and your intuitions on possible outcomes for the scenarios that you postulated are spot-on-target.
Even today, for Monte Carlo codes that nominally adjust drawdown rates to reflect inflation rate changes, the Monte Carlo tools can be effectively used to examine the constant drawdown case you proposed. That’s simply done by setting inflation rate and it variability to zero in the inputs. The very first Monte Carlo code that I developed did not include an inflation adjustment. As you correctly perceived, the general contour, in terms of an optimum asset allocation distribution, are about the same both with and without inflation considerations. Portfolio failure rates are obviously impacted, but your excellent Bath-tube description as a function of equity percentages is still valid.
Indeed, being ultra-conservative by including too few equities in a portfolio is a risky proposition in a retirement portfolio, especially these days with extremely low fixed-income yields. Remember that fixed-income products also have a returns volatility aspect. That variability essentially means that any drawdown schedule from most fixed-income dominated portfolios must be lower than the expected overall average return from that portfolio because of that lowered, but still non-zero, volatility. In the end, that translates into either a very low permissible (and not acceptable) withdrawal rate or an unrealistically gigantic portfolio size.
Once again, thank you guys for your perceptive and useful inputs.
Best Wishes.