My 401K has slumped by 10% so far this year? Do I need to readjust OR is it avg. in this market? Appreciate it

Question

the plan is a bit aggressive (tilts towards emerging markets)....

should I change that anytime soon too?

Answer 1

I looked at an S&P index fund return through June to answer your question and saw that it had dropped 13%.  So I would say that minus 10% is not a problem for 2008 year to date.  

Having exposure to emerging markets increases your risk and expected return.  I would say that is a good thing, as long as you don't overdo it and you have a fairly long time horizon (time left to invest), say 5 or 10 years.