I am in my mid-twenties and have about 20,000 USD in an IRA which is completely invested in a mutual fund called Thrivent Mid Cap Growth A. And I have felt for a while that I should put the money in something with higher risks and higher yields at least until I am thirty.
Dude, that fund is charging you 5.5% front load on top of 1.18% a year in fees!
Don't put another dollar in that shit. The money that is already in there has already taken a hit so it doesn't matter as much...but I can't understand for the life of me how heavily loaded funds still draw contributions (other than scummy financial advisors).