Lux Investing
Is a EuroPacific Growth Fund a good Investment?
I am in my early twenties and through my job I can start a 403(b) retirement plan. I am interested in investing in the EuroPacific Growth Fund from American Funds, is that a good investment?
Public Comments
- It is, but you shouldn't invest 100% of your 403(b) account in it. A diversified portfolio needs some large-cap domestic equity investment, international investment (like the one you cite) and some fixed income (bond) investment. Since you are young, you should probably have about 80% in stocks and 20% in bonds. Of that 80% in stocks, 30-40% of it should be in the international area.
