is this asset alloc okay or am i crazy?

[arsoisaen]

i originally had 100% in vhgex, a world stock. however, i just got my 401k plans and some extra retirement benefits, with very little selection on the funds i can invest.

my proposed asset alloc is now:
vhgex (world stock): 60%
nbgix (supposedly small cap but they have low turnover so about 40% have turned into mid cap): 27%
aigyx (reit): 8%
brhyx (bond): 5%

which turns my morningstar box into:
26 15 12
8 12 12
3 7 6

and my portfolio 95% stocks/5% bonds.

i think risk i can tolerate, assuming that this has less risk than the 100%equity (vhgex) portfolio i used to have. should i put more in reit and ignore bonds? or is this whole allocation retarded and im just not thinking this through enough?

thanks in advance