23yo...My financial outlook..how does this look? + some 401k help...

[DrSues02]

Hey,

I've been thinking alot about my finances lately and have gone through and put together a plan. I was hoping you guys could offer any suggestions or advice.

My situation:
-23yo
-Renting a 1 br apartment
-Working at my first job after college (sales for software company)
-base salary of 40k although I should make anywhere from 75k to 100k with commission
-40k a year from poker

Finances:

Monthly Expenses: ~2.2k a month

checking (for misc. expenses) - $2k

5% savings account - 20k
----4 to 6 months livings expenses as well as money set aside to pay taxes on poker winnings

6mo., 1 yr, 2 yr CD's - 22k
----I just purchased a new car. I took out a loan on the car to build up better credit but I have the money set aside to pay the car off early in rolling CD's

Brokerage Account - 25k
----Value investing by holding 6-10 individual stocks priced at least 30% discount to intrinsic value

Roth IRA -5k
----Invested in Vanguard Target Retirement 2050 Fund. Will stay in here until I have ~20-25k to diversify myself

401k - 1k
----Just became eligible to contribute this month...not the best options but currently set to 50% RERCX, 25% RGACX, and 25% RWICX..

Goals:

--Max out Roth IRA each year (5k from now till the future)

--Max out 401k each year (15.5k each year is current limit)

--35k additional - 1/2 goes into brokerage account to continue building value portfolio..other half into index funds


So what do you guys think? especially with the 401k plan??

I think I need the most help with my 401k asset allocation. It does not seem like my company has the best selection of choices (and they dont match contributions, yet) so I could definitely use some advice there..

Here are the funds we have available:

American Funds EuroPacific Growth Fund (RERCX)
American Bond Fund of America (RBFCX)
American US Government Sec (RGVCX)
American Growth Fund of America (RGACX)
American Funds Amcap R (RAFCX)
American Investment Co. Of America (RICCX)
American Funds Balanced (RLBCX)
American US Treasury (RUCXX)
American Capital Income Builder R (RIRCX)
American Capital World Growth Bond (RCWCX)
American Capital World Growth & Income (RWICX)
American Fundamental Investors (RFNCX)
American High Income Trust (RITCX)
American New Economy (RNGCX)
American SmallCap World (RSLCX)
American Funds The Bond Fund of America (RBFCX)
American Funds The Growth Fund of America (RGACX)
American Funds The Investment Company of America (RICCX)
American Funds US Treasury Money Fund of AmericaR3 (RUCXX)

Any other comments or suggestions would be appreciated.