M1 Finance $1,000 Growth Pie Challenge!

I was invited to join the $1,000 M1 Finance challenge so here goes nothing! M1 Finance is an investment brokerage platform that makes customizing portfolio’s and re-balancing a breeze.

M1 Finance allows investors to build their own portfolios using what are known as pie’s which can consist of different forms of securities such as individual stocks, ETF’s, or even other investor pie’s to create a very customized personal portfolio of your own. It’s kind of like creating your own ETF or Fund. Best part is there are no trade and management fees.

The drawback? For you day traders, your trades are not made immediate and fulfilled the next following market open. Not much of a drawback for longer term investors.

I will be having some fun with this portfolio and will be investing in more riskier yet potentially higher growth companies.

This challenge is not investment advice and should not be perceived as one in any way. It is strictly for personal fun! Please do your own research and invest at your own risk!

With that out of the way, on with the details.

Pie Objective

The objective is to land as many 100% baggers as possible. The securities in this portfolio invests in domestic and foreign individual companies. The primary focus of this pie is to focus on capital appreciation rather than income.

Stock pick criteria:

• High growth companies.
• Potential buyout, takeover or merger stories in the next 2-5 years.
• Fast growing companies.
• Turn around stories.
• Industry disruptive companies.

Composition & Details

Projected Turnover: Below 10%

Dividend Yield: 0.534%

Holdings: 25

Want to join the challenge? Create your own pie and share!

Sign up with M1 Finance Free.

Happy investing and wish me luck! 😊