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.
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.
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.
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Donnie Nguyen is the founder and CEO of Wolves of Investing. He started investing in the stock market in the early 2000s. He follows the teachings of Peter Lynch, Warren Buffett, and other investing legends. When he's not investing or blogging, he loves spending time with his family traveling and experiencing the world.
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