Your Retirement Portfolio Index Funds vs Mutual Funds vs Stocks?

[FelixJonesorDMAC?]

What do you think the best way is to allocate your portfolio?  We all know Buffett likes an S&P 500 Index fund and a Bond fund and go away and let it ride with the US economy.  What are your personal opinions on this?

Im personally in both Index funds and Mutual funds that are low cost compared to most and a REIT.  What do you consider an expensive mutual fund?  anything above 1%? 

Im sitting 75% US companies, 25% emerging and foreign markets.  Im in my 30's and very aggressive on my portfolio.  What is your allocation?

Any recommendations?  Im torn with the Buffett style, I like his low cost fees mentality with compounding.

[PEtrader]

my recommendations is don't ask hogville for financial advice 

[hog.goblin]

my recommendations is don't ask hogville for financial advice 

What fun is that?