[OnyxCougar]

Some of the vets on the board may remember I had posted that I was stepping gingerly into the water of mutual funds with my 401(k) about 15 months back.

I got a statement of what's gone on this last quarter, and I need some information and advice.

My asset allocation is:

Short-term Reserves: 20%
Bonds: 34%
Stocks: 46%

I have the following contributions and gains/losses over the quarter:

Vangaurd Federal Money Market Fund: 10% Gain: $2.13
Dodge and Cox Income Fund: 20% Loss: $3.02
Vanguard Wellington Fund: 30% Loss: $2.51
Vanguard Total Stock Market Index Fund: 20% Loss: $6.40
Vanguard Morgan Growth Fund: 10% Loss: $8.40
Vanguard International Growth Fund: 10% Loss: $0.21


I don't like those losses.

From what I've put here, can you tell me how I'm investing (conservative or high-risk) and if I should be switching out what I have for something else or in different percentages?

I'm lost with all this stuff....