Am I diversified?

I am 32 and my wife is 33 so we have a long investment horizon. Here is how we are set up. Our holdings are divided into 6.13% cash, 70.13% US stocks, 17.09% Foreign stocks, 6.23% Bonds, .42% metals. The stock portion is overall invested 23.28% in telecoms, media, and computers, 41.46% in health care, consumer, business and financial services. The final 35.26% is held in manufacturing (consumer goods, Industrial materials, energy and utilities). Overall, we are invested 81.31% in US/Canada, 11.5% in European, 2.25% in Japan, 1.32% in Latin America, 3.08% in Asia and Australia, .54% in other markets. Am thinking that our international exposure might be a bit slight for a people are age. Am curious as to what people think of the portfolio. Should I be more diversified? If so, how? These holdings do not include real estate or other cash holdings. Thanks a ton for the help.

Am pretty confident in the economy over the long term. The investment in metals is 0.42%-I think pretty low.

I've asked these type of questions before and usually get great answers.

Looks better than most. You should be well diversified in a well thought out "asset allocation". I get the feeling you're confusing the two.

I'm 58 and my "asset allocation" is pretty aggressive;
25% Foreign
35% Large Cap (US)
15% Mid and small cap
5% Reits
5% Commodities
15% Cash & bonds

I'm not suggesting you do what I'm doing. I use this as an example only.

Within each group I try to have an even amount of Growth and Value picks. On occasion I may overweigh or underweigh a sector.

I don't think you have enough in International. I have no idea how you've got your "capitilizion" allocated. This is more important than your concentration of some sundry sectors.

Having said that..... Your overall plan is better than most. Most people think all they have to do is strive for "winning" Stocks or Mutual Funds. A sure recipe for disaster.

Learn "asset allocation". I believe that it will give you a better portfolio mix.

Keep up the good work!

You are fine because you never want all your securities to be going up at the same time because of corrections in the markets and preferred security classes shift. If you want to go with more international, not a bad idea, but know what you are doing. China and India are burgeoning industrial powers and Great Britain is opening the government businesses to foreign investors. Real estate can be good internationally as well.

This is just my personal opinion. You have far too much invested in metals. They are historically terrible investments.

I would up the % in cash and foreign stocks and lower the metals holdings.

That is my opinion.

I think you are extremly diversified! I dont think you can do or be much more! Congrats!

You're really well diversified. Good job.