This is the monthly update of my M1 Finance Wolf Pie portfolio. In this portfolio, I follow a strategy called focus investing. Focus investing is a strategy used by legendary investors Warren Buffett and Charlie Munger. For more on my strategy, click here.

In this post, I will cover:

• My general thoughts on the market
• The S&P 500
• My Wolf Pie M1 Finance results

The biggest news affecting markets is the coronavirus. Although the outbreak is deeply troubling, I do not see it as a threat to the stock market at this time. I’m still investing for the long-run as usual and will continue dollar-cost averaging into my Wolf Pie.

The S&P 500 remains only 3.36% off its all-time high of 3337.77 set on January 22nd. So I consider it to be going strong.

My portfolio is up 14.11% since I started it on August 23rd, 2019.

It’s up 0.37% in the past month since January 3rd.

These are my 10 holdings and their respective returns since I started the portfolio.

These are my 10 holdings and their respective returns in the past month.

Paycom (NYSE: PAYC) was added to the S&P 500 index on January 22nd. Its stock has had an incredible month.

Xilinx (NASDAQ: XLNX) stock tanked on disappointing earnings.

At this time, I don’t plan to make any changes to my portfolio.

So what do you think? Share this story on social media and leave a comment in the comment box.

DISCLOSURE

I/we own shares of stock in PAYC, XLNX

Except for Wolves of Investing, I/we are not receiving any compensation from and do not have any business dealings with any companies whose stocks are discussed in this article.