Dear Dagen: Asset-Allocation Funds

I have one fund inside my Roth IRA, which is the Janus fund. As you are aware, the Janus family has taken a beating. I have done a lot of research on what might be good funds for my Roth. I probably need more diversification, so I have looked at Fidelity's 2020 Freedom fund and at Vanguard LifeStrategy Aggressive. I'd like to retire around 2023.

Are these asset-allocation funds good, or would I be best served by investing in three or four good funds? Right now, I feel like the more I learn, the more confused I get. Right now I'm just spinning my wheels, trying to figure out which way to go. -- Rick Arnold

Reading Kierkegaard is hard. Taking care of a two-year-old is hard. ...