I think you’re way to young and early in your career to be overly concerned about what your 401k is doing right now.
The same people probably telling you to switch into “safer” investments are probably the same coworkers that are close to retirement or much older that are kinda screwed now.
You have at least 30 more years before you actually touch your 401k. Unlike so many people before you, I consider you lucky. Because you’re essentially at the tailwind of the past bubbles, and though your $5k lost might seem like a lot, over time I’m sure you’ll be much more happier you’re entering at a much lower base than a lot of people who are in their 40ies,50ies,60ies who need their money much sooner than you.
If at all, I’d consider a little of domestic,international,bonds rather than just pure international or pure bonds. Anyway my 2 cents (not that it matters much) 🙂
